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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (192827)	10/14/2010 8:27:00 AM
From: robnhood	Read Replies (2) \| Respond to of 313337

Probably a phony bid for 5000. It will open below 4.10

To: TheSlowLane who wrote (192827)	10/14/2010 8:57:08 AM
From: Veteran98	1 Recommendation Read Replies (2) \| Respond to of 313337

DMM the never ending conundrum.... When it heads higher the question is... Is this time it takes off and doesn't stop.. Then comes the point where many throw in the towel after once again getting burnt. Do you buy ??? Looking back it looks like many sell right at the lows at buy when it has already had a nice bounce. Looking at the chart it seems like the volume on the smackdowns is becoming much lower and when it recovers the volume is picking up and the share price is recovering more quickly. It's getting pretty close to when some kind of deal with the government is going to come into play. At the worst DMM may continue to be dead money for a while and at best if a market friendly deal gets announced DMM will take off in a heartbeat. The bulk of DMM shares are held in a few hands who care very little about day to day fluctuations and their exit strategy is obviously looking for a buyout when all the t's are crossed and the i's are dotted. The large holders are pretty well in the sweet spot to dictate where that price will be as they waited this long so unless Ecuador falls apart completely they will continue to hold out for the price they want. In the meantime on the long term chart we are getting pretty close to where a three year down trend may get resolved to the upside. Based on previous situations I'm sure that those who are closer to the inner going on will be telegraphing well in advance which way they feel this will be resolved and if this three year downtrend gets resolved to the upside DMM will move quickly and we are getting very close to that point.....