RE:DM chart looks beautifulTorlifTostorson wrote: Yes, DM trades way under its value right now, in my opinion. But the bottom forming past weeks at around 0,20 CAD becomes a very strong resistance point, to future potential developments.
And when I have a look at the 3 years chart, we have a double bottom at 0,10 CAD, now we get a strong resistance at 0,20 CAD, will the next bottom forming at 0,30 CAD? I don't know.
But the beauty is, from our past bottom at 0,10 CAD the shareprice increased up to over 0,35 CAD, and two times it was at 0,33 CAD. This was an increase of roughly 230% from November to March (just four months).
Will we see another 230% increase now up to this November? I also don't know. But to be at 0,66 CAD in November/December, right after getting record Q3 numbers, could be very realistic and it would fit the beauty of our chart very nicely.
By the way it would mean DM would have a market cap of "just" 234 million CAD, what seems to me very doable, if we have more than $20 million in the bank and if we are profitable.
Just some random thoughts.
Best
Torlif
Please stop saying a strong resistance at around twenty. LOL, this is the second or third time you said that and the SP went below your prediction the next day. It is like the players are saying "the bottom is where we say it will be suckers".... Just kidding, i am sure it is a coincidence ??