Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What makes you think the company is fighting so hard? I emailed Steve and he says everything is on track and the Nasdaq listing should be late Feb. or early March. The documents on the website are only a guideline. Nasdaq listing requirements are part of a negotiation with the company.
The charts are showing the next move up could be $5 and a listing to Nasdaq tends to double the share price when it happens.
Where did they announce a trip to Japan? I never saw it.
StarkD has been the brave hero, posting price targets that keep getting hit, making him look good.
He missed $3 by Oct., but not by much. I think we hit $2.90. I think he deserves some level of accolade.
To date, I have been quiet.
Now, I will step out - I think we will see $7 - 10 when we get our Nasdaq listing and first Clipstream major clients.
I have been buying on pullbacks. We are a group of 20 people that know about Clipstream and trade amongst ourselves, but the billions of people in the world are about to wake up to it. The trading will be completely different when the investors don't all read the smme newsletter.
There's no resistance at all until five bucks.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
The signals are really bullish and besides a bit at 2.75, there is no resistance to doubling to five bucks or more.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
http://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=DSNY
The new service looks first class.
That's a daily number, not a cumulative number. 152,000 was shorted yesterday. The outstanding short as of Oct. 31st is about 455,000. If yesterday's short is bought back in the next week, it won't show up in the cumulative numbers.
http://www.otcmarkets.com/stock/DSNY/short-sales
http://regsho.finra.org/FORFshvol20131120.txt
Great post, Boogins. Traders make pennies and investors make dollars.
The technicals are fantastic and the $2.69 resistance level is still there, but when it is pushed through, the sky is the limit.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
It's bounced off $2 so many times now that it is like a slingshot pulled back. The tension is ready to catapult us to much higher prices.
Good news from the company will grease the technical ride much higher.
Above $2.75, there is no resistance until $4, then the sky is the limit. We get into uncharted territory.
Besides all of that, a Nasdaq listing should double the share price over night.
I often see great companies go no where and lousy companies run, so I like to look at the technicals and destiny is technically set up for another monster run. It's like dry powder waiting for a news release fuse.
They've run it down on almost no volume with steady sell pressure for a few weeks before every big move up to shake out sellers. I think we're ready for another monster move up. It'll happen quickly and you won't catch it if you don't position now.
The chart is a bit confusing to read, but what it says is that it bounced off a low of $2.15 ten times. The letter A in the chart is code for ten. It's a really hard bottom for the current trend and a really cheap price to buy at right now. Below $2.15 is a steal.
Reading it the other direction, it shows there is almost no resistance when it strongly breaks $1.75 and the next resistance isn't until $4.25.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
What I am seeing is a last ditch take down and last ditch chance to load up before a large price gap up.
I'm the one that posted the $2.69 technical target when the stock was trading below a dollar.
It's firming up bumping against resistance twenty times, each time retracing, then trading from higher lows.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
When we move through the target for good, the jump could be really quick and you could miss it. Technically, it could easily go from $2.50 to $5 or higher in a single day if the news is there to drive it.
I put my money where my mouth is and was buying this morning.
Clipstream is perfect for porn. It's the only format that stops people from sharing paid videos. That's why the market research industry uses it instead of Flash.
Yangaroo was one of the last competitors to the mpe monopoly and they paid Destiny $600,000 a couple years ago.
http://www.dsny.com/node/548
They just rolled their own shareholders back ten for one, wiping them out. It's not anywhere you should put any money.
The current market cap. is justified by the mpe monopoly and investors are getting the multi billion Clipstream opportunity for free.
The technicals show some minor resistance at $2.50, but a big gap up is likely when we push through. The old high appears to be around $4.25.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
Destiny is up 43 cents from the $1.73 close on September 10th. That's a 25% profit in a couple weeks for anyone that bought on the 10th.
I've got to have more nerves to be a contrarian and buy good stocks when they sell off.
My wish is that it silently keeps gaining every day on low volume as new buyers push through the few remaining sellers. I would like to see it break through $3 before they launch. If it hits the high of $2.80 before launch, that's another 30% profit in a month for someone buying today at $2.16 and that's before the rest of the world finds out about it.
When the world finds out, we could have a bull run with the highs being the starting point.
Without company performance, the technicals are begging for a decade for a new base at $2.69.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
Then report after report comes out predicting much higher prices.
Who the heck is the moron selling, lol?
In 2009, Gomes became a contributor to Seeking Alpha where he has amassed an enviable record for identifying buyout candidates and stocks that are “Poised To Triple”.
Mark Gomez sez -
I think you should take a good look at Destiny Media (DSNY), a small media software company (market cap $115M) with a disruptive technology to be launched in October. It has no debt and is already profitable from its MPE software.
However, its breakthrough product, called Clipstream G2, will enable video in any format to be played on any platform. It will eliminate the need for transcoding and storing video content on servers.
At the Midwest Investor Conference, the CEO said they will launch Clipstream in mid-October and direct the first product at web software developers, 150,000 worldwide. At $100 charge per month, it’s a $180M market for DSNY (they all will want it — it’s cheap, convenient to use, secure, and produces high quality images).
Operating margins will be about 30% at first and then 60% when they get their own servers. DSNY has 52M shares. He mentioned several other products to be gradually released, but the elephant will be the Site Licenses. He plans to charge small companies in the 10s of thousands and large ones in the millions of dollars for Site Licenses (per year).
He mentioned $5 million per year for companies like Netflix, CNN, Google, YouTube. He said the operating margins would be “really high” (in an interview previously he said over 90% for site license).
The presentation can be found here: www.wsw.com/webcast/threepa11/
From: Mark Gomes, CEO
The technicals have been building for a decade and they show that June 11th triggered a breakout to $2.69 which hasn't consolidated yet.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
Any one selling into the pullback is a fool. We are only in the first inning and the big money is still to be made. Buying at current levels is like taking candy from a baby.
This stock could still go up ten times from current levels in the next two years.
I don't think anything is late. It was launching in the September quarter, not September. The quarter hasn't even started yet.
Steve Vestergaard
But the cloud product I’m expecting to launch towards the beginning of Q1, so when it launches it should start contributing right out of the gate.
When Destiny trades above $2.68, it is going to attract another round of buying from European funds that don't buy until the stock is trading at at least a hundred million Euro market cap.
The shorts reduced their short position by 34% in the first two weeks of August. Perhaps they get that if they cover and go long, they can still make their loss up as dsny continues to rise.
http://www.otcmarkets.com/stock/DSNY/short-sales
The covering was rapid. They know they can't hold it back and it is about to pop again.
Destiny’s presentation is scheduled to begin at 10:20 a.m. CDT (11:20 a.m. EDT). A live and archived webcast of the presentation may be accessed at the conference website, www.IDEASconferences.com, or in the investor relations section of the company's website: www.dsny.com.
You're long and have 25% of your portfolio in Destiny, but your first post is twenty minutes after the basher pair predicted a sell off? Give me a break. The investors here aren't stupid and everyone sees through it.
The short position is listed here.
http://www.otcmarkets.com/stock/DSNY/short-sales
We hit it once, as I predicted when the stock was less than a dollar, but as a minimum, the stock price should stick at $2.69 or above based on the technicals. There was a major reversal in June.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
If the company performs as expected, this next year is going to be a fun ride. It's a once in a life time opportunity to be one of a couple hundred elite investors that know about a five billion dollar disruptive stock before the rest of the world and wall street.
The product hasn't even launched yet and the multiple personality poster is already bashing it.
In case you haven't figured it out, Rundonotwalk, Mercedes and Brooklyn are either the same guy or working together. One posts 9:39 and the other at 9:51 within ten minutes of market opening when the price has been taken down on tiny volume. The brand new user posts at 10:18. I guess it took him twenty minutes to create the new account. At 9:51, almost nothing had traded yet.
They bully everyone, when they are the bully. They try to shut you up and control discourse.
Your best course is to not reply to them as replying to them let's them control the topic of discussion. No one is talking about the imminent cloud launch, for example because everyone is replying to them.
I welcome negative posts, you know the canary in a coal mine thing to warn me about a possible bad investment, but I think it is despicable when these guys try to scare you into selling your shares when they bash as they are actually buying trying to cover.
The last short report shows the big short position has been increasing as they've tried to crush the run. They must be panicing.
This stock is moving from retail hands to institutional hands and you'll see all kinds of games played as the funds and shorts shake the tree trying to get your shares. This is the time to be averaging down and definitely not to be selling.
We're only in the first inning here and you haven't missed it. The big move hasn't even started yet. This is the time to be buying, not selling.
Remember, this is a global product and you are among a couple hundred elite few investors that even know this product is about to exist in Oct.
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 8/6/2013, 3 days ago, when the stock price was 2.4140. Since then DSNY has risen by +5.63%.
Market Outlook
You may relax since our STAY LONG position is secure. The market action does not cast a serious doubt on the wisdom of going long
Sorry if this is a double post, my last one didn't go through.
My $2.69 prediction was not intended to be a limit and after hitting the price once, it should hit it again in the next couple weeks.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
With the new interview out after market, I doubt it will drop below $2 and I see anything below $2.40 as a buy as that was the base formed last week.
I am flattered people are emailing me to say they are following me, but anyone that dumped last week thinking $2.69 was a top is wrong. That was only a technical target. I could see it trading at $25 or more if Clipstream performs.
I see the stock as really cheap right now and would be surprised if it trades any lower.
The short term technical target is still $2.69.
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
Double Top Breakout on June 11, 2013
Traditional Three Box Reversal Chart
Bullish Price Objective: $2.69
Stocks don't go straight up and I could see it pulling back five to ten cents mid day, but it keeps closing higher and the charts so it is under aggressive accumulation. As others have pointed out many companies would like to buy this technology out. Why not buy cheap shares before a buy out offer? Most sites are saying the technicals are extremely bullish. If you see something that says there is short term weakness, you need to post it.
I think anyone that is waiting for a pullback to buy more is going to kick themselves for not just buying on the offer as it gets more expensive to buy every day.
Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 7/3/2013, 20 days ago, when the stock price was 1.2620. Since then DSNY has risen by +41.84%.
Market Outlook
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security.
http://americanbulls.com/SignalPage.aspx?lang=en&Ticker=DSNY
The big short appeared in May when the stock was 68. His alias was born in November when it was 79 and he was warning us not to buy. If anydaynow is involved in the big short, he's lost heaps of money in the last year. No wonder he is bitter.
I was right last week "It's going to start gapping up when it breaks $1.40.". Over fifteen years, the chart tells all. It wasn't my prediction. It was the chart that told the story.
http://stockcharts.com/freecharts/gallery.html?dsny
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
$1.65 is another resistance level it's hit seven times. When we break that, we'll see gapping again.
If you read the very top of the chart, it says Double Top Break Out June 11 and Traditional Three Box Reversal and Bullish Price Objective of $2.69.
I predict $2.69 within sixty days and much higher after that.
The declared short has lost over $600,000 since it was trading in the sixties and it is only going to get worse for them.
This site seems more active recently, but it is mostly Swedish and Australian. It seems like there is a lot of growth for international releases.
http://daily.plaympe.com/
If he was the one shorting the shares to Destiny at sixty cents and he's lost more than half his money, then he would think that was a stupid move for the company to make.
There's no way this guy is a real investor. Anydaynow tried to pretend he was long at first, then finally gave up the charade. This Brooklyn guy won't give up and admit he's short.
No real investor complains when his investment is up 114% since Jan. 1, 2013 and it is only July. He's got a serious case of sour grapes and they will get even more sour as the price continues to rise.
It's going to only get worse for him when Clipstream starts making money.
This is a technical chart a dozen years in the building showing a $2.69 technical short term target. So far, this chart has been spot on.
http://stockcharts.com/freecharts/gallery.html?dsny
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
P&F Pattern: Double Top Breakout on June 11th, 2013
Bullish Price Objective: $2.69
It's going to start gapping up when it breaks $1.40.
I don't know why your post was deleted. It had nothing to do with me, although your motives are suspect. The stock hit a new high today and all you can do is complain. I'll answer your question once, but if you ask the exact same question again, I will ignore you. As I've stated before, it says right on their site that they specialize in institutional trading. https://wwwca01.btig.com/OurFirm.aspx
I've watched how they trade and when they get hit on the bid, they stay firm and buy large blocks without moving down. When they get hit on the offer, they get out of the way. They trade like they are accumulating and based on the sizes I've seen swallowed up, I think they own a substantial position.
The market has all the answers if you know where to look.
I haven't pumped anything and I resent the accusation. I merely posted a chart that is extremely bullish and where the technicals predict a minimum near double.
Now it is your turn to answer my question.
According to the chart, we blew through a double top on June 11th and are looking at a bullish target of $2.69.
P&F Pattern: Double Top Breakout on June 11th, 2013
Bullish Price Objective: $2.69
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
What do you think it means?
You do add a data point. I'm not infallible, but I noticed that the selling on the offer when the short position was built up was all through csti.
I never thought csti was short, just that whoever was shorting routed most of their orders through that mm. They would take orders from others such as you.
Regarding the noise from Brooklyn, though, I am pretty sure my hypothesis there is dead on.
You seem to be an evidence based guy. I don't want you to reply to my belief you are shorting the stock heavily or your belief that the massive buying is coming from retail investors and not insitutions.
I'm not sure why that would matter.
Instead, I will stay evidence based.
What do you think of this chart?
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
Technical charts can be wrong and usually there is a reason, such as something happening at the company the chart doesn't pick up on. Are you aware of anything?
According to the chart, we blew through a double top on June 11th and are looking at a bullish target of $2.69.
P&F Pattern: Double Top Breakout on June 11th, 2013
Bullish Price Objective: $2.69
Can you keep your rebuttals focussed on why this stock site and chart is right or wrong?
http://stockcharts.com/freecharts/gallery.html?dsny
http://stockcharts.com/def/servlet/SC.pnf?c=DSNY,PLTCDANRBO[PA][D][F1!3!!!4!20]&pnf=y
P&F Pattern: Double Top Breakout on June 11th, 2013
Bullish Price Objective: $2.69
No wonder these fake long posters are so panicked.
We're about to make money now and about to make more money if we're patient.
We're set up for another double and it should start no later than next week. It might be slow, but it should slowly start moving up. As someone else posted, the technicals have been building for a decade and will be unstoppable as the good news keeps coming.
We should be able to make ten to twenty times our money if we are patient, but for those that are impatient, a double is coming soon.
Whoever is behind csti uses a few market makers such as etrade, nite, ubss and is a transparent basher. csti was the big seller at eighty cents a year ago and may be responsible for the entire current 600,000 share short. He's already lost fifty percent and his losses are potentially unlimited. He is panicked as he still hasn't covered and needs to buy. I wouldn't be surprised if he posts here as a fake long begging us to sell to him to make his problem go away. He can't just go buy because driving the price up would be suicide for him. He needs us to panic and sell.
On the other hand, my best guess is that btig is a large hedge fund buyer and not a short because he pulls his offer if it gets hit for even 1,000 shares and he's never sold that much and is always buying.
Based on the trading, I think btig may own at least several million shares already and is definitely someone who wants the share price higher when he is done buying.
His offer serves no purpose other than to get filled on the bid. He's trying to keep it from running until he is done accumulating.
I'm not sure how many funds are accumulating right now, but there is at least one and they use btig.
Today was a holiday up in Canada and the trading in Canada was closed and they are going to want to keep it weak before the long weekend when a lot of people check their brokerage statements to see how their investments are doing. I wouldn't expect the big move until next week, but that means you should be buying this week if you have any cash to take advantage of short term dips.
No one fell for their games. The offers had dried up with the lowest offer being $1.36 and they tried to squash it one last time to squeeze out any last sellers before the next move up. Besides the stock they crossed to themselves from one account to another on the bid, there were no real sellers and that's why the bid didn't go down.
Technically, we could be ready for the next breakout.
http://stockcharts.com/freecharts/gallery.html?dsny
News would be nice.
I had assumed that btig was an institution buying as they bought a lot in the dollar twenties and they buy more than they sell. There was no sign of covering in the last two weeks, so it was accumulation. They specialize in buying on behalf of institutions. It is normal for them to be on both the bid and the offer to keep the price from slipping away from them.
https://wwwca01.btig.com/
Quit the act, bud, everyone knows you're short. There's no pumping here, but even if there was, the rest of us like it when our stock price goes up. You're so transparent.