No offense taken.:) That's why we are here to discuss and share our thoughts and of course we will have differing ones.
Here's how I see it:
1. There was news of getting another company. It has been my experience that when a company gets another company IT goes down in price and the company being acquired goes UP in price.
2. DPDW has been in a downtrend. If it wasn't for the fact that I have been trading higher priced stocks, shorting, and doing options my port with many other microcap stocks would look sad. The other trading is saving me. So I can understand DPDW being down.
3. The other day another stock I trade that I'm not allowed to mention here...LOL...took a dive just like DPDW. It was EOD and where the stock had held pretty much at 1.06 most of the day, right at EOD it took a dive on high volume to .85 area. In fact it happened so quickly I didn't know what was going on. When I compare that stock's chart and the chart of DPDW today they are very similar. BTW, the very next day that stock went right back up.
4. I do think a significant moving average being broken can have an affect on people and make them sell. Let's face it, if anyone had held shares of DPDW from a higher amount breaking this MA could be a reason to cry "uncle".:)
Those are just my thoughts. I haven't been in DPDW for months. I saw it was down today and bought at .87. I know it's a decent stock and has potential. I don't read this board normally, but when it took a dive I thought I'd check and see and then put in my 2 cents worth.:)
Anyway, good luck to you and I never mind anyone disagreeing with me. I appreciate learning from others and you very well could be right. We all know how manipulated these stocks can be....
Lexi
AI
Market Data 
Markets 
