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


To: Art Vandelay who wrote (10040)11/1/1998 9:13:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
AV,
<<<<It is so hard to speculate on things when we don't know what the QP is all about. (but I am having fun trying!) Hopefully we will have most if not all of the answers before Thanksgiving.>>>>

IMO we will all know exactly what is happening before Thanksgiving. I expect the fireworks to start this week for a number of reasons. The actions of the MM's Thursday and Friday tell me the short sellers may have stopped shorting. But, this creates a dilemma for the market makers in that I just don't think they have any supply at all, at least the late Fridays movement in the price seems to indicate that. I believe the short sellers will make their decision on Monday as to whether they continue shorting to protect their original short position which IMO is in excess of 2 million shares. These people now have reason to believe the F-series may not come to market as stated in the press release of last week. Once the one or two MM's who are short get covered they will leave the big short sellers out to dry. I'm sure these people have the resources to carry their short for quite some time. However, since they do not believe anything important will be coming out of the quiet period my guess is they will end up taking a big bath. At this point they are concerned, by Friday they will definitely be worried and when the QP ends they will be past the point of no return. Another thing going in our favor is that I believe the company would very much like to put something in motion to start a squeeze. I'm sure we will hear more about this later. My intuition tells me that in a couple of days DCI will no longer be a "blue light special". Maybe, when this is all over like around Christmas we will find out who we thank for keeping the price down so many of us could pick up a few extra shares for just pennies.

Best Regards