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

To: Colin Cody who wrote (15092)	3/28/1999 10:09:00 PM
From: LT	Read Replies (2) \| Respond to of 19331

Hello Colin, I have to give it to you on the consistency point. You have belittled AMEX forever in my memory. I do have a question for you in that arena. Is it possible that the release 3 days in advance of the listing allowed the ever honorable mm's to load up, drive the price up, watch the guppies get in on the listing morning and then hammer the stock? I watched the size and tl on that one all day and the ask was continually 5 to 25 times the bid all day. Where do you think all those shares came from? Flippers? No kidding.... the old "news is for suckers" rang all over that one. Give the mm's 2 full trading days to load up and then watch them unload.....I don't blame them, it's just a scenario<GGGGGG>. You also indicate the mm's don't work in concert.....so, I'd love an explanaion of why certain mm's sit on the ask for long periods of time without really having inventory. They get their short covered by the actual mm holding.....interesting.....oh well.....the funny thing about that is that it only takes a few small directed orders to find that out...... I'd actually prefer a large cap NAZ listing but I'd take the AMEX in a hearbeat... Lou