Good post JFM … I agree with you. I am also more upset for some of my family who i got in at close to 2 and to whom i promised great things. DSNY management has certainly been a little naive in their handling of this potentially blockbuster technology. Let us not forget though that this is just that though… potentially blockbusting technology. While I have lightened my load a little (had too much and currently like XXII better) I still think the downside is fairly limited and on a longer term risk-reward basis this is a good one with massive upside if they get this right. No debt etc too. Would also load up the truck if it cracked $3. We have all had a tough time with this one but I ultimately think patience will be rewarded.
The decline DSNY has had is almost a perfect .62 Fibonacci retracement of the advance from .6. This is not at all unusual which suggests DSNY is suffering from usual, ordinary problems.
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