DMWK had a down day on Friday. It first jumped on my radar because I screen for dead stocks that suddenly "wake up" with volume. DMWK hasn't really seen action since 2008.
Why the sudden volume surge and why did the price jump 300%? This is what alerted me:
On Friday there was a little action in the stock as well with buys vs. sells approx 2:1.
I believe this could be a sign that DMWK is undergoing accumulation by a promo group, etc. If we continue to see action in the stock, this will verify that something is up. I'm looking for a promotion in the near future, or a newsletter to come out to stating that the company is resuming operations, or a company update is on the horizon, etc.
I jumped on board as a moderator over at DMWK. I'm trying to bring some eyes to the stock. If anything, it could be a really good MoMo play. The float is super small, and I've seen some very large bid/ask spreads. All is needed is volume, and I believe that we could have a big runner.
Lowtrade is a great man, with a lot of investing experience. His posts have taught me how to "pond fish," and that's what I'm looking for --> the next pond fishing play.