Post by
rollthedice10 on Nov 16, 2023 10:26am
Selling easing?
Maybe the heavy selling is over. Remember every sell there is a buy. Buyers taking a risk but getting in sooooooo cheap. I think a lot of longs are just not willing to sell at a monumental loss and will hold on hoping and praying. Basically what I am doing. MG himself said top leadership changes in works which is hopefully good, MG can focus his talent on the tech and let someone else steer the ship. There has to quite a bit in the pipe in both N America and SK so I am hopeful still. Right now it is all about cash.
Will Covid revenues help us again? Trust me Covid is out there but not being reported the way it used to be. I said a week or so ago that I personally knew 3 people with Covid. Now I have Covid and I had no contact with the 3. Don't have a clue how I got it as I have been so careful even after Covid was deemed to be over. I live alone, don't get out much, always social distance, wash hands a lot etc etc.
Yet I have Covid. Not saying resumed Covid testing is the answer to DMs current problems but it could
help cash position quite a bit while we wait for things to improve. I think we all know how important cash flow is. DM had pretty good cash reserves a couple years ago but spent it on the various verticals and a couple of share buybacks. But everything moved slower than what DM expected I guess. Hard lesson. So, I hope we are " saved " by Covid again so to speak. I honestly think, even still, that DM will do well and so will we. I hope. And pray..
Comment by
Bentley2000 on Nov 16, 2023 10:53am
What manufacture of the shot was it??