Datametrex AI Ltd V.DM

Volume

[Investor10X]

Over 4 million shares traded on all exchanges today.  Volume is continuing to pick up, this will be institutional investors.  I'm not surprised if they force it down for cheaper shares.  I'll continue to pick shares up along with them.  At this price the company's market cap is equal to it's current run rate for the year.   In otherwords, it's trading at 1x valuation.

[Yeehaw1]

  You mean over 4 millions sold someone wanted to get out that is more like it but there is no sign of institutional investment. 

[Investor10X]

4 million is not retail investors, that is institutional.  GM is talking with institutions.  If I need to connect the dots for you on this one, then I guess you're lucky I'm here to help you along. 

[Wormi12345]

Higher Volume and lower SP is actually not a good sign for the SP! Higher volume with higher SP would be a better sign for the us.

[Investor10X]

I agree, going down on high volume is not a great sign, but when you factor in GM is chatting with institutions, the high revenues vs low share price, a number of announcements around the corner and the end of the summer doldrums.  IMO this is all pointing to an accumulation of shares, before moving up.  DM does not need to raise cash or dilute more shares, so for new institutional

[Kensin1954]

This is not high volume . Maybe for a Septemnber long weekend. Numerous times DM has exceeded 10 mil in a day and a number of times over 20 million ( See Feb 22/2021) What really needs to happen is AI must take front and center stage.  We need this to be $.50c CDN by November. JMHO