jds
I was told the management team met with institutional investors and brokers many months ago. It doesn't necessarily lead to anything, but it could.
110% support? Is DPDW going into debt to give Steve 110% support?
(Just kidding...)
Down 70% from the high is fair to say because it was at a high level for more than a month. From October 12 to November 14 it closed above $1.70 and there were nine days during that period it closed above $2.00. From October 1 to December 14 it closed above $1.00. Yes, it may have gotten there on hype but very few people were saying at the time "This is all hype. The pps is going to drop two-thirds to a realistic level."
There has been a ton of constant selling for over three months now despite positive news and frequent PRs. Who would sell the stock of such a valuable company? Someone, apparently....
I wish everyone good luck, but buyer beware...timing and manipulation are vital issues.