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


To: charles catlett who wrote (9380)10/16/1998 4:54:00 PM
From: James Harold Alton  Respond to of 19331
 
Charles, At least right now I know that ALL that the market can possibly take from me is 70 pennies for each share, and that since the outstanding has been steady that my % of ownership in DCI has also been steady. Just consider the potential risk/reward ratio for being short in DCI? Max possible gain = .70 if they could drive this stock to 0. (if we go to 1 penny. I'll own every share if no one else wants them, so I guess it can't go to 0 ;)G Potential loss is > than $10/share, much worse if a short squeeze were to develop. Is this group betting that they can scare out several million shares from weak hands to cover? I personally think that they have goofed on this one, but time will tell...

James