DMWK - on the beginning stages of going viral!!!
IMO, we're going to see some great price and volume action this week.
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:
...................OPEN........HIGH........LOW.....CLOSE......VOLUME
2010/06/24... 0.0010 ... 0.0030 ... 0.0010 ... 0.0017 ... 15,268,000
Despite the down day on Friday, there was still a little action in the stock 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.
Thanks and have a great weekend.
