I have been buying this stock for many years. it goes up up up and then down down down. The company is healthy and has been around for nearly 60 years. You have to play the stock game. get in and get out. sometimes it take a few months but DTLK will be back at 12 by December and a 35 percent profit for those who buy in now.
Considering the low daily volume of the stock, DTLK should stop paying bonuses and directors' annual payments with shares, and instead use cash.
Otherwise we see what we're seeing now. Large awards, then every quarter, days of sales by the C-suite as they reduce back down to their beginning-of-the-year holdings.
Every single time I buy a stock, it drops like a rock. 10,000 shares of DTLK at around $9.20's last week. Boom dropping to below $9.00.
I should start a blog where I pick stocks and you can then make guaranteed money shorting them.
Looks like regular scheduled sales by C-Level execs. You do know that execs can't just randomly decide to sell all of their shares tomorrow? There is a process and time period that have to follow.
DTLK is being beat up for not transitioning to the new flash storage solutions quickly enough, so #$%$ is going on that the stock falls on a day when they announce a contract for a $5M Flashstack installation, which is the largest of the dozen they've performed?
I really don't understand what has happened to small cap stocks like DTLK, how they've fallen off the radar and the way they seem to be daily manipulated by small-volume algorithmic trading.