daytrading sep 4 pre-market, page-7

  1. 8,658 Posts.
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    Regarding DML....

    My fundamental view is no matter what theories the threads throw up...and there are plenty....is that the company is VERY undervalued (.80c/share according to the experts) and IT IS the funding uncertainty that is holding down the price.Remove the funding un-certainty and away it will go.

    And I am sticking to that view.

    So to trade it,I am taking a very cautious approach and only taking a very small position and I will look to add to it on good news and a positive price movement.

    Sometimes I find it a little easier to add to a winning trade than to hop on a high flying rocket.....should that be the case with DML over the next week or so.


 
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