Hi Joe
I saw your post as it hit the airwave and had me stumped since.
infinite wisdom
Ya right! LOL ROTFLMAO
How's this for wisdom: The One you seek is not me, I am not the One, the One you seek is ... on the street ... faster than a locomotive....
I was looking forward to the DS morning dump this morning, too. Just like clockwork.
DMX is not known for its gaps, but DS caused 2 chart days of gap down. However, we've closed with a white candle yesterday and so far intraday with another white candle.
Seems to me they want the price lower (what a brilliant observation!)
Alternatives:
a)With DMX is low volume the past week, someone like you speculate may want to influence the tone of trading for the day. ADX certainly supports this type of move. Perhaps an attempt for more shares but tough to do when DMX only moves .15 - .25 cents in the day's range.
b) It could be legitimate, an unanswered margin call leads to margin sell by DS back office staffers, 'laughing hysterically as they press the enter key'. This could be likely. The total market has been sucking the past 2 weeks affecting most portfolios. The shorts going going ga ga with Enronitis, a terrible contagious accountants disease. When we broke below 5.25 and 5.00, I believe it touched off some stop loss market orders as well.
Whew! I'm done, took a while.
F.D.A.eh!!!! |
