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Bullboard - Stock Discussion Forum DMG Blockchain Solutions Inc V.DMGI

Alternate Symbol(s):  DMGGF | V.DMGI.WT

DMG Blockchain Solutions Inc. is a vertically integrated blockchain and data center technology company that develops, manages, and operates comprehensive platform solutions to monetize the blockchain ecosystem. Its business lines are referred to as Core (infrastructure) and Core+ (software and services). The Company operates its transaction verification services business, known as Bitcoin... see more

TSXV:DMGI - Post Discussion

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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!
Comment by DMGToldyasoooo on Apr 08, 2021 7:40pm
DMG has all the makings to hit $20 a share within a couple years. They have a huge focus on "green/clean" mining which should be a huge focus going forward since Bitcoin mining uses the same amount of energy of many small to medium size countries out there. long story short it is NOT planet friendly and DMG has a leg up on a lot of other miners when it comes to eco friendly mining ...more  
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