DSG Global Inc (DSGT)

[mikesmith3]

The price level is disappointing from taking a position earlier this summer, as I am sure it is with everyone else who remains long. Picked up some 7’s today to average down which still puts me down 40%, but I know it must be much more painful to others who have been here much longer. I still have faith that Bob and his team can execute even though it’s taken much longer than expected and as he committed to in the CC I listened in on. Things do take longer in a startup or turnaround situation, but I expected at minimum an announcement of the US manufacturer by now.

I do expect a R/S now after seeing more shares, my best guess is a 1:5. If this enables the IB to get funding it might be good in my opinion, if not key to funding.

If there is a R/S (I hope I am wrong) let’s all hope it’s small and we get good news this month on several fronts. I’m tired of see my TD Ameritrade RED every day.