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

To: James Harold Alton who wrote (9813)10/27/1998 9:03:00 AM
From: Bruce Galpeer  Read Replies (1) | Respond to of 19331
 
James,
While I agree with what you are saying, I would change one point. I am not sure if it is FAHN or a client that is trading through FAHN. I really do not think that a mm, on their own, would play a bb this way. This would make me believe that a client is actually pulling the strings. It could be a feed from Canada or somewhere else and FAHN, and sometimes NAIB, are the conduit's for what we see happening. I would not be surprised if all the mm's were contacted to handle this feed and these were the boys that decided to play. Lets see what happens as the next few days pass.
Bruce



To: James Harold Alton who wrote (9813)10/27/1998 10:02:00 AM
From: Colin Cody  Read Replies (1) | Respond to of 19331
 
James, yes I read the description you posted just now, before. That is the way a MM helps create an orderly and smooth market. Without MMs doing this: being there for the public 7 1/2 hours a day, maintaining market liquidity, OTC-BB stocks like DCTC wouldn't even trade!

If you are interested in understanding why they do this, re-read my recent posts on the subject.

Colin


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