Pre earnings the stock was doing well...this is mainly due to the dmrc's fundamentals, market trends, and the upside...but the spike up the day or 2 before earnings was mainly due to 2 bullish articles (one is actually pretty good) that you can find on dmrc's blog or twitter feed....anyway we all know what happens when someone piles into the stock....obviously they read the article, see the potential, read the dmrc traction report and maybe didn't realize that the big profits come down the road not tomorrow...the overall market action today didn't help either....I think the stock will settle around here and continue the positive trajectory...dmrc can buy their stock starting tomorrow as well which could help if there is some kind of fallout from Europe etc
Agreed! Good insight too! There is always a window around earnings where they can't buy, and we have seen the volatility after many other reports. But, they have plenty left to buy cheap shares, and they are cheap! Road show this week! The story will only het better!