Post by
Investor10X on Mar 08, 2022 11:07am
Interesting...
...watching the institutions play the stock. Canaccord sells to BMO Nesbitt for a half cent less than BMO Nesbitt turns around and sells it back to Canaccord for another half cent less. Than a bunch of them come in and gobble it all up. Like I've said many times, they are good at what they do. They have so much more advantage over the average retail investor. DM is now officially in the oversold range on the technicals. I suspect they'll continue to keep it oversold for the next while or until some news is released. Most retail investors are not here for the short term anyways so I wouldn't be concerned with the daily ups and downs. Like I mentioned in another post half of the Market Cap of this company is in cash. It may be 2/3 soon, that's crazy! Cash is currently king, so the company is sitting very well. I'll be interested in seeing what they may be able to acquire in this market.
Comment by
Resilience19 on Mar 08, 2022 11:25am
Yes, it's like they're trying to wage psychological warfare, pulling down the sp so weaker hands throw in the towel. We can't play the game as well as they can but I'm happy to surf the wave, buying handfuls here and there, at what will soon be considered to be fire sale prices.
Comment by
MaterialWorld on Mar 08, 2022 11:25am
I picked up more shares today @ .15 cents. Could'nt resist the great opportunity as it's too good to be true..........I'm a believer...............MW
Comment by
MUTDMUTD on Mar 08, 2022 11:57am
... I'm shocked people are willing to let shares go at this price... and down to $0.14 even... I think manipulators are try to convince me I am certifiably insane if I don't sell... well... Like I said before... And I might be insane for thinking this way... DM TO THE FREAKING MOON OR BROKE!... ALL IMO. DYODD.
Comment by
Shlinker_ on Mar 08, 2022 12:58pm
Let's see if anything is disclosed to SEDI after today. Buying on the open market would show confidence in the company business plan, the model, it's technology, taxation, the staff, and the market. :-)