RE:RE:Rest of 2020 is going to be nuts IMO there was a ton of speculation and hype back in April, and when things didn't materialize fast enough we saw the SP drop to 0.08. Then their smaller sales agreements started to add up, and more importantly their AI tech started bearing fuit. This is what has sustained the SP at these levels.
I'm not sure how "forward looking" markets are on penny stocks given their often precarious financial situation, espeically with DM's float as high as it is.
Keep in mind as well that "on paper" their TTM revs are <6M with MC over $40M. To the naked eye DM might be reasonably valued. Most of us can see what's coming though.
Petro67 wrote: With all due respect, I don't think that when the price was set in April it had all these contracts, including USAF and Lotte plus Q2, "baked in". But even if, because market is always forward looking right? Then since Q3 is expected to finally show net profit, then we should see sizable move upwards.
There is something wrong here.