OTCQX:DMMIF - Post by User
Comment by
eebleron Oct 22, 2009 5:27pm
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Post# 16414745
RE: RE: RE: RE: RE: RE: Timing of PP extremely sle
RE: RE: RE: RE: RE: RE: Timing of PP extremely sle
The timing might have taken the wind out of the recent run, but would it have been preferred that it happened after the regs pass and the (presumed) next run starts?! That could have put a bigger dent in the run and possibly put it into sideways movement for an extended period, whereas now at least there is the potential of the regs finally being announced to make everyone forget and move on. Kind of like an election where the new guy deals with all the bad stuff as early as possible so that when the good stuff starts to happen there are no negatives to slow it down. This is all assuming the regs don't introduce anything new/unreasonable, that the reference to 2012 re-start is a misquote or someone talking about a specific project, that the winfall tax is either killed or at least within established expectations, and all the other potentially bad/risky stuff that is still out there doesn't cause issues.
If you're just swing-trading then this is all good because it provides another buy/sell opportunity, but if you're long then it is just another bump in the long road back since the stock was halted so ago. Better to have this bump when there is positive news known to come, than to follow positive news with a surprise negative.