Nothing in the preliminary quarterly to scare the horses from...

Nothing in the preliminary quarterly to scare the horses from what i can see.

a pity though that yesterday's 12% rally in retrospect has leaky vessel written all over it.

that said, there had to be a catalyst for a TA breakout rally and it looks like we've had it.

there's a lot to like in the quarterly, which extended key metrics from the previous quarterly. Debt reduction is awesome. Could DCN now be said to be rolling in free cash flow. If it isn't right now, it will be this calendar year.

the proposed NTM merger looks like a masterstroke, yet until this is consumated its successful passage must be considered a significant risk to DCN.

taking that into account then i was happy to buy a typically modest parcel at 46 first thing this morning following the clear TA sign of a breakout, which heralds a potentially stellar year for DCN.