Post by
Smokey1958 on Jan 13, 2022 11:25am
Spinoff and Analyses
Positive 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!!!
Comment by
mellocello on Jan 13, 2022 12:22pm
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Comment by
razorr999 on Jan 13, 2022 1:16pm
Great post as usual Smokey, and I'll add if anyone has the craziest idea to sell at .025 thinking they can get in cheaper........