Digital Brand Media and Marketing Group Inc (DBMM)

[TradeForProfits]

$DBMM sideways trend continues with two key events. A new 1.4 mil short position at .001 designed to take out the good support occurred. The problem with the shorter's theory is that any dip to major support at .0008 will cause a quadruple bottom, at which the stock has never closed and has always bounced. Therefore, the flipping continues both ways. Nothing new here. A break and close above .0014 will bring the volume in and close this above .002. Until then, relax.

2) MM's signaled to continue to take it sideways late, so don't fight the trend. They'll let it go when they have sufficient buy orders in place. Remember, MM's don't know or care about fundamentals or technicals until they are caught short and it becomes an issue.

Bollies continue to tighten and volume remains low with true support continuing to hold at .0008 and .001. I still control 17 mil and know of others that control another 10 mil and won't sell until much higher. I'm sure a few of you also have quite a bit, so we win. PERIOD

Regards,
SOG (Original post: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119454882 )

http://stockcharts.com/c-sc/sc?s=DBMM&p=D&yr=0&mn=6&dy=0&i=p00054656862&r=1451926195851