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Bullboard - Stock Discussion Forum DMG Blockchain Solutions Inc. V.DMGI

Alternate Symbol(s):  DMGGF

DMG Blockchain Solutions Inc. is a Canada-based vertically integrated blockchain and cryptocurrency company that manages, operates and develops end-to-end digital solutions to monetize the blockchain ecosystem. Its business lines consist of Core, which includes data center operations, and Core+, which provides software and services. The Company operates its transaction verification services... see more

TSXV:DMGI - Post Discussion

DMG Blockchain Solutions Inc. > WHY IS IT DMG STOCK PRICE IS FROZEN AT JUST OVER $2.00?
View:
Post by makesence on Apr 13, 2021 1:32pm

WHY IS IT DMG STOCK PRICE IS FROZEN AT JUST OVER $2.00?

DMG secured $70 million financing at $3.00 last month and today BC is over $63M and DMG stock price is frozen at just over $2.00.

Is there a takeover in the works to keep DMG stock price frozen just above $2.00

This is the only explanation I can come up with. Any other investors out there who contacted DMG and received a logical explanation.

COME ON DMG MANAGEMENT give retail investors an update why DMG stock price is frozen for so long. 

SOMETHING IS DEFINITELY WRONG HERE. Investors Relations cetainly suck at there responsibilities to retail investors. NOT GOOD. I AM IN THE MONEY BUT NOT HAPPY WITH TODAY'S STOCK PRICE AND CONSTANTLY HAVING THE STOCK PRICE BELOW $2.50 and WELL BELOW $3 LAST MONTH'S FINANCING.
Comment by virgintrader99 on Apr 13, 2021 2:18pm
Same as to me so many questions in my mind the stock suddenly turn to bearish what going on
Comment by Xuanwei on Apr 13, 2021 2:29pm
When can we get the first quarter report of 2021? This stock can't make money until raising money from public. The management should learn from BIGG and NDA. We need the report how the money goes on 
Comment by DMGToldyasoooo on Apr 13, 2021 9:10pm
I am soooo baffled by this company lately and their PR department. They have so much to be pushing and bragging about but they just sit and let the value drop and drop. 
Comment by Skyzlimit496 on Apr 14, 2021 1:30am
Well at least we can see support at 2.00 for the last 2 months. If it drops suddenly beyond that I'm out.
Comment by Fortygrit on Apr 14, 2021 3:14am
I contacted IR requesting info on what the hell was going on with the stock price and got basically told they couldn’t tell me a damn thing. “We received your inquiry with regard to the company’s stock price, but unfortunately cannot comment on share price fluctuations or trading activities of the stock.  We have seen your comments and the tone of your email and will be sure to share your ...more  
Comment by TheeRook on Apr 14, 2021 4:06am
 Lots of cheap paper will be unlocked  next week. ~6 million  shares and  1/2 warants. Managment can not control the share price.  Only the share buyers and sellers can do that. Only fault on managment was they like many others never knew BTC would gain alot of momentum from all the big players coming on board BTC.
Comment by DMGToldyasoooo on Apr 14, 2021 11:51am
If you have anything to invest right now. Buy more DMG. These are growing pains. We will be comfortable in the $3-$5 range within 2 months 
Comment by wetbehindears on Apr 15, 2021 7:34pm
Hi all I'm wondering how you can make this bold prediction and set a 3-5 dollar range and in 2-3 months?   While this stock seems solid in principle , it is in free fall and the confidence in it is shaky. I love your optimism, I just want that optimism to show me why.   thx
Comment by DMGToldyasoooo on Apr 16, 2021 10:22pm
Up to $20 in the next 6 years