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


To: steve phil who wrote (10993)11/14/1998 9:28:00 AM
From: WISDOM MILES  Respond to of 19331
 
there is also some discussion about DCTC on ragingbull.com
and microcapchat.com

WE will have the most exciting week in DCTC history next week!

LOL



To: steve phil who wrote (10993)11/14/1998 9:29:00 AM
From: Colin Cody  Read Replies (1) | Respond to of 19331
 
steve, Yes, of course "it is true." That's the way of the world.

Marker Makers are there to #1 make money for their firms (of course) and #2 to create and maintain an orderly market in the the stocks they have an interest in.

That old S.I. message you linked to is how the practice is done day in and day out. i.e. "going short" is not some mean and cruel scheme to defraud the retail side (the public) as some people posting on S.I. would like to make everyone believe.

The MMs must go short to maintain an orderly market, and as your provided link stated - to maintain a good working relationship with the big retail houses by servicing the big retail houses' customers requests to buy or sell stocks.

Colin



To: steve phil who wrote (10993)11/14/1998 9:48:00 AM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
SP,
I remember reading that post some time ago. Some of that fits us to a tee doesn't it. Run us up in the morning and then walk us back down in the afternoon. This is typical when they do not have any inventory. As it states they are selling shares they don't have in the morning and hoping to cover with sells that come in after they have run us up 50 cents. It must be a requirement that all MM's drive Bentlys, heaven only knows they make enough to keep two in their garage. But as the post also states this will work 9 times out of ten because most BB stocks are BS. It's obvious that due to the calling of the certs and the strong fundamentals of DCI it is not working this time. Even with the big (now becoming smaller) short position in Canada we are overcoming all of the obstacles.

Best Regards