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Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.


OTCPK:DDBXF - Post by User

Post by ScarletSpideron Jan 05, 2018 10:52pm
294 Views
Post# 27295637

Not Sure If People Saw This!!!!

Not Sure If People Saw This!!!!https://www.stockhouse.com/news/press-releases/2018/01/04/robert-smuk-provides-update-with-respect-to-his-beneficial-ownership-of

Again, I am trying to be neutral but here is a fair size cash out and an early warning posting issued by the company. Sounds like the company should be able to collect the monies from the incentive program. There was the previous news and now this one, there is something in the works that is for sure. What exactly is hard to actually say as it may just be monies being freed up to have in hand while the tech is tested by clients who are yet to be named so as to make sure as the testing cycle the company will be able to get by and then book orders roll in. I'm not really too sure what is going on here but I suspect we will be see quite a few news releases coming as that is typical with this type of industry and sector.

It is apparent that many are posting others in the space who may be trading at a lesser price that are also doing really well the only thing that i can say is this and if you are able to do is take what i can is a contrary positioning (that is if I am remembering the term correctly). What it means is that instead of looking at other companies as competitors and a threat buy a position in all of those that seem good while also holding some over here. The reason is very simple--if those shares need time to move and this goes up in the mean time people will 100% have seller's remoarse but on the other hand if those goes up and these still need time than those went up while giving this time to have the flow through as to what is already in motion which I will say is speculative as we don't know what impact that will have here but there is something which may be positive or it may just be having monies on hand to keep operating--I don't know.

In any case, there is a lot happening and a lot of companies to look at. Whatever you decide to do I wish you all the very best. I hold a couple thousand shares here but will not move anything yet and will wait to see where things go but I don't have any plans to be holding anythng long just keep trading and building although given i am looking to keep a 1,000 on hand (my intention) i guess you can say that is my long hold if I in fact keep them while trading and building which is my tactic--but no promises let's see how it goes.

glta
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