Post by
Summerof69 on Apr 27, 2024 10:31am
Soon to very soon???
... DOS trading volume remains light. Small blocks trading every few days as small investors sell to each other at 4 cents per share. Some days, there are no trades. Seems those who wanted out have bailed. Only thing left to do is wait but every day gets us closer to exploration season.
I was probably the only one who noticed but yesterday, a 61,000 share sell order was entered at 4 cents late in the day. Thought it would have sat there and went unfilled heading into the weekend. But almost instantly, Desjardins came in and swept the offer for the exact quantity put up for sale. Then backed away. This is interesting in my opinion because it smells like accumulation is happening without trying to draw attention to it.
Desjardins could be laying in the weeds and ready to pounce on 4 cent offers and scoop out them up as they come out. Being patient and hoping more weak hands want out might be the only way to accumulate a meaningful position at current levels without chasing the offer and drawing attention to the stock.
The time to accumulate at 4 cents is when running out in my opinion. Exploration in James Bay Area is only 3 weeks away. And could shape up to be a very exciting summer for DOS!
Things could get interesting any day now.
just my opinion. Don't listen to me. I am a novice investor. And always do your own due diligence first.