Post by
MoreUpThanDown on Mar 23, 2021 2:35pm
MARSHALL CLEARLY INDICATED NO REVERSE SPLIT...
when first taking the helm at DM. He has kept his word so far. I expect he will continue to keep it. I am not in support of any reverse split. It has failed in every instance I have witnessed, with the exception of SZLS, which is up 275% since it's 8 to 1 RS. DM has no need to RS. DM does not need money and therefore DM has no need for Institutional investors in order to accomplish its goals; which would be the only reason to abandon all logic and try to rush to over $1 per share at any cost... Marshall indicated DM would grow organically and that has been the case. The market will eventually catch up as hopefully will the SP. If you look at DM with a Technical Analysis lense, we seem to be in a weekly Stage 2. Read up on it, it's a good thing and a weekly Stage 2 can last for weeks, months, years... All IMHO. Do your own DD.
Comment by
MoreUpThanDown on Mar 23, 2021 2:39pm
Sorry, math correction. SZLS is up only 175% since RS, not 275%. Was 8 x 0.06 = $0.48. Now at approx $1.32.