Post by
wetbehindears on Apr 07, 2021 10:23am
dmg
Hi,
What is happening to this stock? It has all the markings of a profitable situation and all that happens is it drops day after day....what the hell?
Comment by
Sid121 on Apr 07, 2021 11:36am
i guess its the preparation phase to go high; time to buy more while the price is still low. Base on the prospect DMG should be around $7 by the end of this May.
Comment by
Barrhead on Apr 07, 2021 2:04pm
IMO it's investors selling a relatively stable stock such as DMG-HUT-HIVE, and picking up Alt coins as they are showing 1-20% return each day. In the meantime equities as noted above, are loosing 2-7% each day acting as the bank for other investment opportunities. When Alt coins peak, look for money to flow back into equities at discounted prices.
Comment by
wetbehindears on Apr 07, 2021 2:25pm
Thanks for both responses. I appreciate your opinions. I am wondering when we might expect cash to flow in. I was looking to stay with this stock for a longer term the steady decline was a red flag. I liked the company progile and potential thx again!