DOMS is a market maker that typically stays with long positions, mostly near a stocks bottom, and then bails out somewhere up the line during a run-up. During this whole downturn, it has been sitting on the bid way down near a penny. It moved it's bid up a little bit earlier today and became active in the action. DOMS is currently sitting on the ask. But it has since dropped it's bid down to sub-penny for now. It's been quite awhile since I remember DOMS being active on PBLS.
It's been a good indicator for me in the past with PBLS, PMCL, SLJB, and others. Not soo much that a run is going to take place at that moment. But more so as a possible good time to start accumulating. DOMS is usually only active after a stock has been hammered down pretty hard, although there are exceptions to that as is always the case.
Well, that's been my experience with it... At least in the penny stocks. DOMS seems to work very differently on other exchanges.
If anybody has any different experiences or can elaborate more... Please do.
Cheers and GLTA
