Get out while you can ladies and gentleman. This will sink further.
Without wanting to sound like i'm pumping up my own tires, read my post from the 24/3 on DMX - i pretty much said exactly what DMX admitted yesterday. They're way, way short on managerial expertise, they've burned cash pursuing dead end initiatives, acquisitions have fallen over and they've got operational problems everywhere. The BCD business is propping up the rest of the operations, which look to be struggling.
You know a company stinks when the environment it operates in is hugely favourable (which the waste management industry is) but the company itself has issues.
This is a sick puppy - the extent to which this company is struggling will be revealed when they put out their FY07 results in September, and personally i'd take the opportunity to get out now whilst the market's still running hot and before the results are released in a few months.
DMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held