Datametrex AI Ltd V.DM

Im out

[racetrk6]

I sold my milliion shares today. 400K at 19 and the other 600K between 18.5 and 19.

Reasons:
Been holding at what cost me 18 cents for months now.  Nothing has really changed.
Too many outstanding shares now. 350 Million.   So to see a 20 cent move here they have to generate 70 Million dollars in revenue.  Just can't justify the AI of this company doing that.
They will get 4 - 10 million this year maybe.

To many other things out there to invest in.
For those who stay.  Good Luck to longs.  But it wil be a long time before you see a double.
3 -5 years.

All the best.

[Leonovus2017]

If it goes above 25cents again, I'm out too. Was hoping for $2 by April 2021 and thought covid test sales would have been in the 300k per quarter minimum, at least if they had a sales team it could have happened. Didn't sell a share since i bought in March 2020. Not a bad investment, but no homerun unfortunately.

[CandyC]

Same goes with me. Next spike and I'm out. I'm not falling for a NDA contract that keeps on being put off. Said "large " AI contracts by the end of June. Didn't happen 

[JWING17]

That's what Gunter said Ai news second quarter, It has come and gone now. Wonder where Torlif's Dollarland is? He only mentioned that 15-20 times.

[Shaker66]

Credibility....credibility in the junior market is the most important currency that management have. They squander that, then it would be extremely difficult to regain it... quote=CandyC]Same goes with me. Next spike and I'm out. I'm not falling for a NDA contract that keeps on being put off. Said "large " AI contracts by the end of June. Didn't happen 

[CandyC]

  [/quote] lost a lot of credibility when Ryu sold

[sloke70]

who's this shaker? 66? not 13?

[MUTDMUTD]

Shaker66 is definitely not Shaker13...

[Markhamjohn]

Racetrk6.  I don't dispute your action but I think your math is wrong.  $70 million of Revenue is equal to $0.20 per share of revenure - NOT share price.  Show me a stock earning $0.20 per share per year and trading for $0.20.  You could be off by a facor of 5 but this is just my way of looking at it.  No advice intended.

[LowtoHigh]

Excellent move. Most people here have gone crazy believeing in a company that cant pick a lane in what business they want to be in. If it goes down to .15 cents I'll buy a bit just to make a quick buck. No long term future here.