RE:Short position report Wow! Only 364k short at around 245 million float. That's 0,14%
Am I right, when I assume that nearly all shares are now in the hand of longs?
This would mean, we'll move between $0,185 and $0,19 until the next solid news. And if it's a great one, we see very likely the next level.
JMHO
Torlif
Mario79 wrote: The short position report came out today and it shows short position balance of 363,728 shares which is immaterial give the DM's float. This is substantially down from the 20 million shares earlier. It goes to show that DM's share price is strong despite the large amount of shorts and RYU dumping 8.8 million shares last week. It's a really good sign and it is ready to spring forwar to new heights.
Symbol | Issue Name | Shares | Date |
$DM.V | DATAMETREX AI LIMITED | 363,728 | 21.Jan.2021 | |
Moreover, when analysts puts DM in the same category as other BIG names this is very promising . See link below but here is a brief excerpt:
JP Morgan analysts believe the market will grow to $58 billion by 2021. Better, Microsoft CEO Satya Nadella says AI is the "defining technology of our times.” As we see advances in AI, some of the top companies to keep an eye on include Datametrex AI Ltd. (TSXV:DM)(OTC:DTMXF), Palantir Technologies Inc. (NYSE:PLTR), Baker Hughes Co. (NYSE:BKR), Fortinet Inc. (NASDAQ:FTNT), and Palo Alto Networks Inc. (NYSE:PANW).