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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (7991)8/26/1998 4:04:00 PM
From: Brett Fleischman  Respond to of 19331
 
I had orders in all day below 1.375 and never filled, finally added 1k at 1.375, will buy more tomorrow.

Brett



To: Colin Cody who wrote (7991)8/26/1998 4:09:00 PM
From: george eberting  Read Replies (1) | Respond to of 19331
 
I wish I could be optimistic about these current prices. I've convinced myself that we will see $1.25 very soon, however. The seller(s) are simply doing what is called "working the demand curve."
They sold as many shares as they could at $2.00, then moved to $1.50 for a few days. They sold everything they could at that level and I believe they are now looking to the next stop at $1.25. As long as they can sell shares at a price greater than their cost they will continue to periodically drop their asking price. I hope I'm wrong, but this theory makes a lot more sense to me than anything else that has been put forth here. George E.



To: Colin Cody who wrote (7991)8/26/1998 4:12:00 PM
From: Gary1046  Read Replies (1) | Respond to of 19331
 
Colin,
Had an order in for 5000 shares all morning at 1.34. Was able to buy 1000. At the end of the day, I gave in and bought at 1 3/8. Thats when they lowered the bid/ask. I guess there is a word for these MMs, but I'll leave it to your imagination.
Gary



To: Colin Cody who wrote (7991)8/26/1998 5:13:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
CC,
You probably would have been filled after the close if you had left your order on the table. Those 2 large buys that showed up after the close more than likely had been in all day. NFSC at the moment has a bunch to get rid of and they have had it for quite some time. The sellers will IMO continue to give up there shares at lower prices until the ask falls below their cost.

Best Regards