Post by
inviolablspirit on Oct 14, 2023 11:51am
DM - A few thoughts
I hope people will curb their expectations about the stock rising immediately after the TV spot. Don't get me wrong, I certainly hope it does, but I wouldn't be surprised if those holding the stock back with the large asks double their efforts to push the stock down in an attempt to cause people to lose faith and give up their shares for cheap.
This has been the most painful stock market I have seen in over 40 years coupled with rising interest rates and inflation, but the market will turn around as it always does. Given where DM's stock price has been in the past, along with how much more the company has grown and expanded and the fact that the company has control over their AI technology to commercialize it, one would think the company should be trading at all time highs already or at least moving up to that level. However, regardless of market conditions investors will see the value in this stock and will continue to gobble up shares at these cheap prices. And cheap they are! Again, when you start to consider the amazing runs that some AI stocks have had already or the valuation of a ChatGPT, it's hard to contain the excitement of the potential value of AnalyticsGPT. Something that I personnally see more value in than ChatGPT when it comes to business use.
I have no doubt DM has new AI technology that can drastically change the way businesses operate and I have no doubt that this stock will eventually move. The first to market with this type of technology will inevitably do well and DM is the first and only company with this type of AI technology. Businesses that don't implement some forms of AI will be left behind so quickly, so it is hard to imagine businesses not jumping on this tech asap. MG mentioned in a discord over a year ago that they would not get commercializtion of the AI technology until the fall of 2023. I think it was a comment that many listeners missed. But a comment that myself and a few others caught and had been patiently waiting to load up on shares.
I think long time investors can see why MG had a hard time containing his excitement over the last few years, as he understood what the company had for AI tech. and how valuable it can be for various businesses. He may have jumped the gun on a few comments over the years, but give him a break as he couldn't have predicted how bad this market would be and how long the beat down would continue to drag on for many sectors in the market. I'm sure he also thought the stock price would have been much higher as they approached the commercialization and marketing of their AI product. I also noticed that prior to the options the company was still buying back shares. A company doesn't take the last of their cash to do that unless they have an inflow of revenue on the way.
Comment by
RazeKreations on Oct 18, 2023 1:25am
Great post. This is the kind of thoughtful and articulate posts that lets newcomers gain a better insight into what Datametrex is all about and reminds of the rest of us why we invested into DM. The way a board should work. Thank you