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: Bruce Galpeer who wrote (9775)10/26/1998 3:39:00 PM
From: James Harold Alton  Read Replies (2) | Respond to of 19331
 
Bruce, Per your post: "As far as the stock movement today it looks as if we have a consolidation of sorts going
on. After making a 100% move in the last 5 trading sessions we are taking somewhat of
a break so far today. There looks to be some jockeying around and positioning of the
mm's taking place but no-one is really pushing in either direction. If we do consolidate
here then be ready for another push forward sooner than later."

I agree that it does feel this way, and agree especially with your last point. However...as I type this, we are up .08, which is about 6%, heck there are folks that "invest in Gov. bonds that have to wait about 15 months for this much of a return on their investment. (G) Heck, even the 400,000 + shares we have traded today so far seems "light" compared to the last few sessions, yet I can still recall a time when a 50,000 share day was a big deal. (G) Sure nice to see the buying coming in here near the close, looks like it could be yet another UP closing for DCI.

Get well Brad!

James



To: Bruce Galpeer who wrote (9775)10/26/1998 3:53:00 PM
From: James Harold Alton  Read Replies (2) | Respond to of 19331
 
Bruce, I have a question. (G) What is your take on FAHN's action today? I have not been able to watch the whole time, but I have seen him consistently jump on the ASK and walk us down a few pennies, whenever volume dried up or some selling would come in. He didn't however seem to stay long if significant buying came in. Early this AM, while he was at 1.63, there were several trades that were apparently filled by MM's at higher prices (1.64 & 1.65) for several minutes, as soon as the trades started to go off at 1.63, he left. It appears to me that FAHN is trying to keep a lid on the price and has been doing so now for several trading days in a row, it also appears to me that he is losing the battle, but has not quite given up yet. I have to wonder if he might be trying to protect the short, or maybe he is short himself??(G) Your input as always would be interesting on this if you care to divulge...

James