Spinoff and AnalysesPositive news for DM is automatically great news for ScreenPro ....both within and even if it's outside of the health sector. As DM, with the fantastic NR this morning hurtles into the AI space they will (as many, many other companies have done) divest themselves of interests that are not parallel to their focus. Emerging companies are continuously shifting and DM will be no different. That the management teams reach across both companies only makes this more palatable ...and likely. We've already seen it with Concierge Medical. Should be an interesting few weeks.
On the analyses side, Morningstar's Fair Value sp remains at $.09 today. Barchart's sentiment remains steady at an 8% WEAK SELL. Each day more of the short term to longterm indicators are shifting from a sell to buy. The other piece is that there has been a sizeable upswing in daily trading volumes and instead of manipulation happening with the occasional bid being covered at $.015 it's now $.025 ....and the bulk of the manipulation is now at $.03. The resistance levels have converged a little at $.035, $.04 and $.045. It's time to put $.03 in the rear view mirror.
GLTE!!!