With the huge short in DBMM, I strongly believe that $5 - $10 is possible, depending on:
- The big news that DBMM drops (like merger, large revenues, acquisitions etc).
- How quickly/desperately the naked shorts cover.
- Whether the longs and other investors hold onto to their shares for higher prices,
and don't fall for the MM games/manipulation, short attacks, that will help them
cover cheap
- and more...
I strongly believe $2 will happen in 1 - 2 weeks from the drop CE, as US, Canadian, International investors, large investors with deep pockets, Institutions (buying via Third Party companies), large trading groups with deep pockets (who are waiting on the sidelines for CE to drop), existin g longs who already own DBMM will also be buying more cheap shares as they can, when CE drops and buy side trades resume, WILL JUMP IN AND WILL CREATE A TSUNAMIC MOASS. THERE WILL BE WAY MORE BUYING THAN SELLING, THE SELLING WILL BE CAUSED BY THE NAKED SHORTS TRYING TO CREATE PANIC BY BUYING AND SELLING BETWEEN THEMSELVES, MANIPULATING THE SP THEREBY SIMULATING A SHORT ATTACK, AND OTHER MANIPULATING TRICKS TO CREATE FEAR AMONG INVESTORS AS THE SKY IS FALLING, SO THAT THEY CAN COVER CHEAP.
DO NOT FALL FOR THEIR MANIPULATION AND HOLD ONTO YOUR SHARES FOR MUCH HIGHER PRICES, THIS WAY THEY ARE FORCED TO COVER AT HIGHER PRICES.
DBMM will change zip codes, and provide financial independence for so many investors and will be remembered in the OTC History for long time to come.
GLTA!!
JMHO
Bullish
