Datametrex AI Ltd V.DM

Rest of 2020 is going to be nuts

[mrmonopoly]

Overall I'd say Q2 is largely in-line with expectations. As I mentioned a while ago, I believe Q2 results were already baked into the SP at these levels, hence why there is minimal movement so far today.

I still believe Q3 is NOT baked in...not by a long shot. MMs are going to do everything in their power to shake weak retail investors out over the next couple weeks, but those who have been watching closely know Q3 is definitely going to be worth the wait.

As for these potential test kit deals DM announced, they MUST deliver on these. Everyone thought (including myself) that the iONEBIO kits were going to be a slam dunk for approval within 6wks easily, yet here we are several months later without approval (IMO approval of these kits are irrelevant to SP at this point). Nothing is a slam dunk until a PO is in hand, so I share the cautious optimism with my fellow investors on these huge covid deals.That being said, IF they do deliver... Q4 will be an absolute monster. Not to mention the highly anticipated launch of SMART in the same quarter.

Suffice to say I have zero concerns with my 0.045 avg.

[Petro67]

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.

[frewil11]

I have noticed in the last 2 to 3 weeks that these microcaps [ penny stocks ] the volume has really dropped off and there having a really tough time moving up .

[korupsion]

Probably a lot of disgruntled people like me that have realized that the houses like 007 and 001 and others have complete control over these penny stocks. Only they or extreme volume can move the stock. We are along for the ride. I have seen mention a few times of DM being a coiled spring, but I think after yesterdays news we must be coil bound. Maybe if we all chipped in a few bucks and bought

[MidtownGuy]

Part of it is late summer blahs. It's the week before kids go back to school, there's a lot of uncertainty around that with covid, but still lots of people getting in a cottage week. Simply less people tuned in to the markets right now.

[WalkingDead01]

The table is set for the next few weeks.

[mrmonopoly]

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