Post by
Aiking on Mar 14, 2023 6:36am
SP decrease but not related to DM
Just have a look at the Silicon Valley Bank story and you'll know why we go down. It's the algorithm trading. By the way it was the same with Analytics GPT as this move by DM has just hit the trend of GPT hype. So also nothing special.
The fundamentals of DM are still very good for such a smallcap. Also the outlook is very good for such a smallcap.
Personally I look forward to the financials, the uplisting and the next milestone of their DRDC $40M project - I assume at least $8M for the next milestone. These are my three main points I look forward to within the next ten weeks.
Have a great dAi
Comment by
Citron on Mar 14, 2023 8:19am
The SVB collapse wasn't because of algo trading but was due to poor management decisions. So yuppers, there are some similarites. There were only 25 trades made yesterday which does not indicate any machine trading.