RE:RE:RE:RE:Cautious Optimism I personally wouldn't use January of 2021 as an example because literally every single stock was absolutely rocking, most for pretty much no reason. The market is very different as of right now. It's not like I won't be happy if DM pops off, I just don't think it is going to right now.
cryptopher wrote: You're probably right Pasta, but as I've pointed out before, DM's stock has moved up in a big way before on little to no news.
Compare the news with a fraction going on then compared to now in January 2021.
No way to explain it other then coming out of a imperfect double bottom technically , unless perhaps something like a advance vs decline anomaly , beats me but I listened to Bruce Campbell talking about this sort of thing, a phenomenon that's occurred a couple times over 50 years.
Another thing other then the NCIB, we know M.G. has stated that he believes now the time is right for him to engage with institutions to start selling the DM story.
So it's fair to assume it's possible he has managed to attract some interest, and maybe our short term future might include some analyst/fund manager announcing they are initiating coverage of DM and putting out a buy rating on the stock?
Maybe even a Bruce Campbell who is known for liking small caps and I believe he is familiar with DM, on MarketCall today on BNN Bloomberg he spoke about how he really likes the AI space right now and they are also buying clean energy stocks
It does appear to me there's more then just NCIB going on here.
vtoora has a good record as the TA person on discord and made some solid calls that I pointed out here.
If vtoora is right again about DM breaking out once it gets through a dime ?
Well then, I guess IOOTAIR can expect to have to pay up when they finally decide to take position as they claim to be waiting for fundamentals to catch up..lol
Like I said, check the news vs chart Jan 2021