Post by
TorlifTostorson on Jul 27, 2021 11:57am
DM chart looks beautiful
Yes, DM trades way under its value right now, in my opinion. But the bottom forming past weeks at around 0,20 CAD becomes a very strong resistance point, to future potential developments.
And when I have a look at the 3 years chart, we have a double bottom at 0,10 CAD, now we get a strong resistance at 0,20 CAD, will the next bottom forming at 0,30 CAD? I don't know.
But the beauty is, from our past bottom at 0,10 CAD the shareprice increased up to over 0,35 CAD, and two times it was at 0,33 CAD. This was an increase of roughly 230% from November to March (just four months).
Will we see another 230% increase now up to this November? I also don't know. But to be at 0,66 CAD in November/December, right after getting record Q3 numbers, could be very realistic and it would fit the beauty of our chart very nicely.
By the way it would mean DM would have a market cap of "just" 234 million CAD, what seems to me very doable, if we have more than $20 million in the bank and if we are profitable.
Just some random thoughts.
Best
Torlif
Comment by
jakayo4 on Jul 27, 2021 12:04pm
This post has been removed in accordance with Community Policy
Comment by
frewil11 on Jul 27, 2021 12:15pm
Look how unbelievable Q1 numbers were and what happened , it went from above .30 to where we are now.
Comment by
CandyC on Jul 27, 2021 12:23pm
Ryu is what happened. What institutional investors would want to invest with him on BOD?
Comment by
JWING17 on Jul 27, 2021 12:44pm
Bite your tongue young lady.
Comment by
themason on Jul 27, 2021 1:01pm
You are right ! And that's why we need 10 million in volumne to get to new highs.
Comment by
MUTDMUTD on Jul 27, 2021 12:41pm
... thanks Torlif!... I'm looking forward to when Marshall can speak freely... or Q2 Financials... either one should tell the story and prove whether Marshall is a man of integrity and his word, as I believe he is, or if he's a liar, as others here imply that he is... time will tell which camp is correct in their belief. All IMO. DYODD.
Comment by
dirtydzn on Jul 27, 2021 1:52pm
I support that initiative. I get email notifications from other companies when they release something and I can follow up with it at my leisure. Did you ever receive a response to your letter outlining proposal?
Comment by
korupsion on Jul 28, 2021 10:43am
Please stop saying a strong resistance at around twenty. LOL, this is the second or third time you said that and the SP went below your prediction the next day. It is like the players are saying "the bottom is where we say it will be suckers".... Just kidding, i am sure it is a coincidence ??