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Replies to #761 on DSS Inc (DSS)

Chas1961

06/24/13 4:11 PM

#762 RE: Hulkzz #761

From the man who trades EWST and Yippy. Thanks for the input.

coolerheadsprevail

06/24/13 6:57 PM

#781 RE: Hulkzz #761

Like I said in an earlier post, DSS was junk, this was stated while it was over $3.50 per share.



If you believe DSS is "junk", why do you continue to hold shares?

No one is surprised that there was a correction following a blistering runup from the 2.1x-2.2x range to the 3.4x-3.5x range in such a short period of time, especially when there was no real news.

But to say that a stock is junk simply because it experienced a much-needed correction and failed to continue up in a 45-degree line is simply disingenious.

Even after getting beaten down the past several trading days, the sp is still up over double-digit percentages from where it was before that torrid runup began. Those who bought and held early on are still in the money; those who traded the volatility are exponentially more pleased.

What exactly were you expecting the stock to do that you view this correction as reflective of DSS to be such an absolute failure? Have you read the JP Moreno report? If you believe DSS to truly be a junk stock/company, I would be sincerely interested in your perspective as to what aspects of JP's report you either find to be in error or that you simply disagree with. There is no right or wrong answer and this is NOT a trap question by any means. I am always interested in hearing contrarian viewpoints.