DMN 0.00% 0.1¢ datamotion asia pacific limited

trades 1/4 to 15/04/2011, page-3

  1. 15 Posts.
    My uneducated, ill informed and cynical view is this:

    Those that had at .003 or less have sold down because of the road block (wheel spinning) at .004

    Those that came a little later (with stars in their eyes) i.e. .004 expected to cash in on some quick money and the hype i.e 25-50% gains. Sadly they got to the cash grab late. Most thought they could make it in a day or two, some where hoping T+3. But the sellers kept coming.

    Because of the road block / wheel spinning of profit takers selling, t+3ers, those who did not want to hold for a long time and the long queues (this was a big factor) people got out break even. Also there was less hype (the party had wound down).

    Better to sit back and watch for the roadblock to become unjammed and reneter at same price (or with profit taken) rather than holding.

    Gotta be quick though. Good luck and hope the party fires up and you all get three bags full. I will be along for the ride good or bad.


 
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