Not sure why we continue to be in a downward spiral but having crossed over the 52 week low line I see this a great time to add to my position. I now hold 12000 shares and I am not scared in the least. DMRC is not going away and it's valuation will eventually reflect its true opportunity in the marketplace. Time for a nice bounce off the bottom!
nice position...i think we go over $30 in next 3-6 months....and I think for more longer term investors (3-5 years) we can look to $80/share. I know it sounds pie in the sky, but if you look at potential of these markets it is more than reasonable.....the market cap on this company is only $140m....valuation could go up 5x and we still would be less than a billion....and yes I do believe that dmrc technology could be that big.
50% of population still doesn't even own a smartphone or tablet...and if you look at the problems of monetizing mobile (that GOOG, FB etc have had) and companies wanting to recapture the relationship with the consumer DMRC technology plays well into both of those...
This puppy fits into the "buy and hold" half of my portfolio. I'll take your "pie in the sky" $80 share but would be more than happy to see it rebound to its' 52 week high of $40. Don't want to be greedy and swing for the fences, i'll take a solid double every day. The best days of this stock truly lie ahead and i am going to sit back and enjoy the ride.