DSS Inc (DSS)

[Chas1961]

Where to start....

CHP I will give you my absolute best scenario and I know you already understand I am just one "opinion" in this.

"I know that there are numerous theories as to who is buying down at these levels (i.e. shorts covering in advance of the closing of the merger; accumulation of cheap shares by HF's or other savvy speculators; etc), but the $64M question remains: Who the hell is selling at these ridiculous prices???"

First you need to clarify what "selling" constitutes? Are you asking me is selling on the ASK (which is what someone is willing to pay for the stock) and consequently someone is willing to sell to them or are you asking me if someone is on the BUY which also coincidentally someone must sell to them). Thus is the quandry of all investors. First, I absolutely believe 90% of the last 4 trading days has nothing to do with retail traders. I am willing to bet that all traders and retail types were taken out when it went from 2.72-2.50. You now have two types of retail investors left. The ones that bought on the hype between 3.10-3.45 and those that bought in early between 2.20 and 2.40. Now which of these groups is really going to sell at this point? IMO not many, if any. That leaves us with the MMs. (I will address that in next post). Who would buy at these levels? Well I would if I felt that the merger was good and that I was at or near a bottom. In my very humble opinion this is about where DSS would be if there was no LTG involved. I am basing this on $17M revenue, $2M debt and 20M float.

Next post will address my opinion about MMs.