Wolf,
Please let me offer you a belated, but hearty, thanks for the great DMX trilogy. Succinct, insightful, provocative and highly logical. A must read for all DMX investors at this point who are not sure why they are still here.
"In 16 recent days of trading over the last 20 or so
the buyer using Peters has bought 504,000 shares of
DMX. Peters during that time didn't sell a single share.
This is after the buyer using Research Capital accumulated
some 850,000 shares net over the past several months.
I also agree with the detective that a third buyer working
through Anonymous accumulated a smilar sized position
although this is somewhat less easy to verify."
That's now 580,700 for Peters as of this minute, and in the past 30 days. Their pace has increased since yesterday. You also correct that just under a million shares were accumulated by each of Research Capital and Anonymous. One other accumulator was Yorkton with near 400,000.
All this in the past few months.
While many of us scream about the timelines being troublesome, it seems not to bother those accumulating houses of late, especially Peters. Peters well paced buying as well as their acceleration in the last few days, speaks itself to the fact that they are not bothered by what we perceive to be worrisome delays. In fact their buying pattern would indicate that they not only are not bothered by the timelines, but rather have planned on them. In other words, if Peters thought FDA was coming a couple months ago, they would not have waited until September to start buying.
A little more grist for the thought mill.
Thanks again Wolf.
joe |
