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Lone Wolf

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Lone Wolf

Re: gm99 post# 343

Wednesday, 09/23/2015 11:30:33 AM

Wednesday, September 23, 2015 11:30:33 AM

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The charts are suggesting the bottom is in. If their restructuring plan is effective, look for some surprises in their next quarterly. I don't spend too much time engaged in 'deep DD', but from what I've skimmed over, looks like a good deal of that $5+ / share loss looks accounting-related and stemming from the 2013 acquisition. If that's in fact the case, it can leave a false impression about the health of DMX.

Keep an eye out for insider purchases. I think you might have seen the start of that yesterday.
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