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


To: Colin Cody who wrote (10062)11/2/1998 10:33:00 AM
From: James Harold Alton  Respond to of 19331
 
Colin, I appreciate you play by play call on this AM's MM activity. I don't know if this will surprise you or not, but I agree with all of your comments in your last post. (G)

James



To: Colin Cody who wrote (10062)11/2/1998 10:46:00 AM
From: James Harold Alton  Respond to of 19331
 
Colin, How to you read HRZG, who is currently holding both the bid/ASK at $1.57/$1.60. It's unusual for me to see a MM also support the bid side after a nice move up on DCTC.

James



To: Colin Cody who wrote (10062)11/2/1998 12:41:00 PM
From: Pr-Ac Man  Read Replies (1) | Respond to of 19331
 
Colin:

Your comments make perfect sense to me if a single MM was overseeing DCI. But what I don't understand is how this works when you have as many MM's as we do. Don't they have competing agendas? How can one MM control the price without some kind of coordinated effort with the others. For example, one MM may have a good supply, while another may have zilch. The first guy wants to create the impression that demand is high so that he can get a better price for his shares. The second MM wants to create the impression that there is an oversupply so people will start selling. Do MM's have some sort of unspoken agreement not to "burn" each other? I'd appreciate your comments. Thanks.

PA