AI
Wednesday, November 28, 2012 8:08:41 AM
DNDT gained 26% yesterday on massive volume. I had expected there to be less shares sold around .005, but a lot of people got a nice bargain there, and the big seller ended the day at .006.
Besides this primary seller through ATDF, there are very few offers of any size below .03. Once the seller is done (and he/she may be close following yesterday's volume), there is a good chance to see DNDT rise quickly from the subbies to multiple pennies. Just a couple months ago, we saw .06 on a small mini-run. My expectation is for higher gains this time around, as this already-profitable company has several other acquisition announcements expected to occur in the near future.
DNDT also has the same management team as JAQC, which was once at these same levels and broke $1.00 earlier this year. DNDT is working towards the establishment of a major, international holding company, and right now appears to be a great entry point for investors.
Daily Chart:
Besides this primary seller through ATDF, there are very few offers of any size below .03. Once the seller is done (and he/she may be close following yesterday's volume), there is a good chance to see DNDT rise quickly from the subbies to multiple pennies. Just a couple months ago, we saw .06 on a small mini-run. My expectation is for higher gains this time around, as this already-profitable company has several other acquisition announcements expected to occur in the near future.
DNDT also has the same management team as JAQC, which was once at these same levels and broke $1.00 earlier this year. DNDT is working towards the establishment of a major, international holding company, and right now appears to be a great entry point for investors.
Daily Chart:
My posts are my personal opinions and not recommendations to buy or sell securities. You are responsible for your own investment decisions.
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