SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: steve phil who wrote (6590)7/7/1998 5:00:00 PM
From: JOE MEDSKER  Respond to of 19331
 
SP,

One positive note is that from 3:30 on there were about 27000 shares traded and all but 4500 were buys. I am sure there were also a number of limit orders that were ignored by the brokers.

Best Regards



To: steve phil who wrote (6590)7/7/1998 5:00:00 PM
From: Darryl McSherry  Read Replies (2) | Respond to of 19331
 
steve,
I had an order for 340 shares at 1.50 but did not get filled.
DCI just put out a form 14a to announce the shareholders meeting
in orlando fl...

Darryl,



To: steve phil who wrote (6590)7/7/1998 5:13:00 PM
From: Musya  Read Replies (1) | Respond to of 19331
 
I don't know guys, I am just reading the chart. And it tells me that DCTC will retest the area of 1.3x1.4 before it has any chance of getting up. Then IF it is up, there will be a hell of a resistance at 2 to 2 1/8.
Those who "invest" in BB often don't want to wait for long time, and they are USUALLY right. Thus many will bail out when DCTC is above 2. next time (IF it is above 2 ...). What we have here is a "nonperfoming assets."
Investors and traders don't care WHY the price is not up. They just bail out. BTW, the selling now, IMHO, as well as CC selling is/was due to the LARGE number of options and shares given out during aquizitions at a price that is MUCH smaller than todays price. In addition to those sellers, there is plenty of stops being triggered and just plain sells by those who do not want to hold an UNPERFORMING ASSET.

Mr. Market is always right. If the price goes down - "not everything is fine in the Danish Kingdom." We may later figure out what it was. We may never figure it out.

And integrity of Mr. Murphy (or lack thereof) of nothing to do with it. Market is not going to move on his integrity. For starters, company should behave not as mom and pop's operation when the communication with shareholders is concerned. Press releases should go out as NEWS, without prior hints on SI or anywhere else. Annual meetings should be announced through acceptable SEC channels, not through volunteer shareholders and SI. AND when a PR does go out, it should be organized and worded better than the writing of a 4th grader.

Musya.

P.S. Thanks God, there is an official announcement of the meeting out on the wires. Finally.

Musya