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The Dolan Company Message Board

  • msgalaria100 msgalaria100 Mar 20, 2014 10:36 AM Flag

    who

    So tell me who is buying here Just guess ??

    Sentiment: Hold

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    • Buying here too. Keeping some powder for tomorrow and Monday if they take it down any further. 1 week target is 6 cents. Can't believe that 500K shares would have cost me a million dollars before their last ER. Dolan screwed the shareholders as expected of most CEOs in this position. He rather hold onto Discover Ready and make money for himself as a private company than sell it off and save the shareholders (and whatever he owns of the public company). What a shame since this is still a cash flow positive company....

    • Market makers have to keep the market operational and they have to buy and sell in order to provide liquidity. Some buy for a bounce since it does not require much capital to gamble on it and BK cases always have some bounce from an unknown bottom. Then there are shorts which now have to cover. And there some who may think as you do and think there may light at the end of the tunnel. I think it will close somewhere between 3 to 5 cents.

    • I just bought 10000 shares. I know it's a gamble but who knows