Consolidation is all part of the trading game. Anyone who thought this would be trading above a nickel by now obviously knows little about trading. This traded in trips in the middle of September and as low as .0023 seven trading days ago. This had zero business trading in high .02s this quickly. Nothing but MMs and stuckholders setting this up for a major fall, creating a plethora of new bagholders, while they made away like bandits. This will have a dead cat bounce eventually, but not before this is back trading well under a penny. IMO.
STAY STRONG, HAVE PATIENCE, HOLD EVERY SINGLE SHARES until NAKED SHORTS COME TO ME. That is what I tell myself.
These consolidations are part of the technical charts and fundamental events.
I love consolidations. Consolidations make FUTURE RUN STRONGER and BIGGER.
Technically - NO STOCK will RUN to DOLLARS until it CONSOLIDATE. So, those holding through CONSOLIDATIONS will BE THE REAL WINNERS MAKING MILLIONS. TSN* ran from $.0001 to $2 with CONSOLIDATIONS. $DBMM doing JUST THAT. Those who have patience will make MILLIONS HERE.
Fundamentally - Form 211 got APPROVED by FINRA just last week. CHILL. Now, the next step is to supply all the needed information to OTC Markets so they can drop the CE and trading resumes in GIANT USA market. It takes some days or a week to all get done. DBMM said they will issue PR in the next 2-3 days and they did today. As per today's update they are submitting all the needed info the OTC Markets to drop the CE. Now - once DBMM do that today or tomorrow, it might take a few days or even weeks. I DON"T care. I have patience. I will WAIT. I am NOT GIVING EVEN 1 share to NAKED SHORTS here. HOLDING 100% OF MY $DBMM STOCKS. PERIOD.
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