Datametrex AI Ltd V.DM

weekly chart

[tankumo]

Looks like a pull back with lower trading volume, a normal correction after a big run.  JMHO.

[MaterialWorld]

Hi tankumo. Thanks for your informative post. I somewhat agree with you insofar as a normal/correction pull back after a big run, which it was. But, I also see manipulation by the powers to be and being played with for some unknown reason. I could be wrong on this thought, but from what I can gather, most institutional investers pretty much stay away from investing into companies with a share

[tankumo]

Manipulation occurs of course, that's why we want to look at weekly chart, it filters out the 'noise'. Daily chart may not be that accurate, I feel that weekly chart can tell us something.  The author of 'How to make money in stocks' said we can see if institutions are accumulating shares in a weekly chart, if I remember correctly. Basically he is saying if you have a

[Leonovus2017]

We didn't have a run, we are back where we were since March 2021...

[MaterialWorld]

I'll keep this in perspective Leonovus. Your right, March 19, 2021 DM was @ .19 cents. But, it was also @ .01 cent one year before ( nice run up ) that in March 23, 2020. I'm in average @ .165 cents from the last week of Dec, 2021. So, in my world, in less than 2 years from .01 .19 cents = nice run up with a great return on investment. I'm very happy having my money parked here waiting

[Leonovus2017]

That's great based on a wild gamble. Now, it's a company with plenty of potential and good revenue  and the stock remains at the level that was with only speculation. The stock should not have corrected as you say, it should have gone up much more. Maybe after options we will finally see a true sp appreciation. Of course, red days had to happen.

[tankumo]

We also have to look at other stocks in other sectors, they experience the same issue, not just DM. For instance I was following PLUR, it keeps getting new contracts and it's not going anywhere.  I don't own it, just watching, and I watch many other small cap stocks too, not going anywhere even with good news.