Datametrex AI Ltd V.DM

Where are all the sellers coming from?

[Markhamjohn]

One has to wonder how it is possible that so many people are willing to sell around $0.215 after listening to Mr. Gunter's presentation. Are these simply people looking for a guaranteed low profit escape out of some very cheap shares they obtained? I suspect this supply of cheap shares will dry up soon.

[frm10328]

Absent new contract activity on the AI front and/or very large testing deals we will see more of this.  There are tens of millions of shares that were purchased in the "teens" and below in the past year.  Traders are taking profits and moving on.  For some unknown reason they are unwilling to wait patiently for the growth that is sure to come.    I fully

[JWING17]

How is it possible that so many people are willing to sell you ask, Looks like they are not thrilled with whats happening or not happening. Like the shares and warrants for Medi-Call.

[PercySweetwater]

Could be MM's buying/selling amoungst themselves to force the sp down to try to get weak retail holders to sell.

[swyint123888]

Been happening for months....like taking it from the 33 high after Q1 all the way to 20 so the target deal could close....only strong news can break the chains.....for now

[Maxdude]

The market is saying "show me" right now. It was a very good Webinar but until there are official news releases stating this, don't think there will be any significant movements on the share price. Plus the Perspectum deal is not closed as yet, this will continue to be a hang on the share price. I used to think that DM was a mispriced stock my thre market, now I think the market got

[swyint123888]

Yes @max it's always about the money and Marshall eluded to some large deals in the works that could transpire soon. He still has 4 business days to get the AI news out and we did get 1 at least in Q2 but keeping his word does matter. Not sure why CEO's say things sometimes...he gave me expectations of "lots" of AI news. Been in a year now with 100,000 in a rrsp and 100,000

[Yeehaw1]

I'm concerned as well, but look at the bright side,  whoever is trying to hold this down is temporary cuz after an excellent webinar from Mr. Gunter this was not expected.  Now it's just a matter of time that we will come out of this ridiculous low sp   and spike could happen any day as they have contracts on the table and waiting from their clients to release

[Kani0ikan123456]

https://twitter.com/humorandanimals/status/1407403845018439686?s=20

[maryhill]

This post has been removed in accordance with Community Policy

[CandyC]

@maryhill we might be stuck near 0.20 until the next "large" contract is announced. Then up to mid 30's. Then back down to low 20's. Not a good trend

[maryhill]

This post has been removed in accordance with Community Policy

[sloke70]

I think the flippers are still at it. 

[TorlifTostorson]

Agree @sloke, as we have very low volume. E.g. in Germany we have only 100k shares traded at Tradegate in past 6 hours. That's close to nothing, as had days when millions of shares were traded. So it seems all the big players keep their shares anf only a few trading DM. This can only be changed now, by big news. E.g. If DM really get their $20 million 9 month test contract of past September

[Leonovus2017]

This small sell off is either due to impatience or we lost a contract that leaked out. Either way, frustrating for us shareholders 

[astutein]

Large sell off today at .20    2,522,934 million.   Aver daily vol    1,421,992 daily aver.      

[LowtoHigh]

coming from smart investors who bought at .13 or lower and see no future in a company that had its revenues boosted by COVID testing. When provinces like Quebec are reporting fewer than 90 cases a day...you get the picture. I did the same and very happy for it.

[swyint123888]

The governments will continue to use PCR tests for it's citizens for some time but I know DM does not supply these to the Gov of Canada and they won't be Private business will pull away from the PCR and look for something more cheap and still provide safety for it's workers......enter the 94 % 10 minute bad boy we have.....I see this type of test being used for many many more months..