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

To: Colin Cody who wrote (12494)12/9/1998 12:48:00 PM
From: Bruce Galpeer  Read Replies (2) | Respond to of 19331
 
It looks as if we just absorbed a 25k to 30k sell order without having very much of an effect on the price of the stock. The seller moved down in an orderly fashion taking out all price levels, limit sells, as he went. When he was finished he left and the ask rebounded back to 3.375.
Bruce



To: Colin Cody who wrote (12494)12/10/1998 2:14:00 PM
From: Colin Cody  Read Replies (1) | Respond to of 19331
 
Strange. form 1:32pm to 2:04pm there were five trades. every one at the ASK of 3 3/8ths. volumes of 500 1000 100 600 400

So what happens at 2:09pm ? They LOWER the ask price! Bid was left alone.


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