Destiny Media Tech Inc (DSNY)

[kmikesara]

the only thing that counts with me is whether I buy or sell, the rest is just mind play. So, putting myself in the shoes of those who have sold, there is disappointment at the pace of G2 development. It certainly doesn't help that the cross platform still doesn't include access to Apple's operating system.

As for a large Clipstream contract, that was wishful thinking, and those who are subject to that kind of thinking sell fast when their wishes don't come true.

Then there is the slow pace of PlayMPE increased earnings.

And finally, the coup de gras, a planned reverse split at a time when the stock has lost half its value.

Based on today's price, which is what it was pre-pump last July, I would buy a bunch based on the IP value of Destiny. But the reverse split changes everything for me. Not because it is written in stone that it won't work, but because there is no reason to speculate that it will. What difference does it make if I buy Destiny at $1.25 or $1.50 etc. since all those prices will be squished in the black hole of the reverse split.