I wont pretend to know everything and I know some of you dont appreciate my posts at all so this will be my final one.
I was hurt just as bad as most you longs in this decline. I was just like most of you, optimistic when I first bought in a day before the downgrade. I sensed something was wrong when the day before the price went down on unexpectedly high volume. In hindsight, I believe this was largely insider trades, people who knew about the downgrade. You longs that convinced people a day after the downgrade that it was a good time to buy should be ashamed of yourselves. How many listened at bought at 13?
Now we get hit with a double whammy, this downturn. At times I may have sounded like I was happy it happened, but believe me Im not. It was the worst I could imagine.
Ok now this is what I think must happen before DPAC and others recover. At any given price there will be a few sellers all the way down to a certain price level. As long as there are sellers the price will keep dropping on low volume, but very slowly. The price must drop to a low enough point where there will be no sellers. After that any buys no matter how small will make the price go up. This in turn will attract more buyers.
Thanks for the graduate course in supply and demand. Is anybody thinking this damn POS can have a worse week than the one we just endured. This freefall was the worst disaster I have encountered in a long,long time. $17 to $9 in 1 week w/some shithead a-hole analyst coming out rec buy and upping target. Where did DPAC mgmt find these CLOWNS ? You would hope these guys have their sights set on better quality research coverage than from this shitbag firm. WHAT A FUKKIN JOKE !! This thing is margin call city boys. Good Luck