DMX 0.00% 1.1¢ dmx corporation limited

speculation, page-14

  1. 1,066 Posts.
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    Zinpin, i don't expect to change your opinion because you're clearly in love with this stock (perhaps with some justification - i realise that even now DMX is still triple what it was 18 months ago), but you need to take off the rose-coloured glasses for a minute with this one.

    The most dangerous thinking one can have towards a stock is along the lines of 'oh well, it's sunk this far, surely it can't sink any further!'. That thinking gets people into trouble so often.

    DMX can and will sink further. The problem with this stock is that it has no positive momentum whatsoever and is going through a period of upheaval - i only browsed through the presentation, but they said they're going to be restructuring for the best part of 18 months. Alarm bells should be ringing.

    If they get everything right, they might take off again. But the downside risk is so much greater than the upside risk that it's not even funny.
 
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Currently unlisted public company.

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