DHSM - $0.15 is a great level for it to be setting
Post# of 99175
DHSM - $0.15 is a great level for it to be setting up for higher levels. Additional news should push us back above $0.20 quickly. Wouldn't be surprised if this sets up above $0.20 prior to additional news. I see value around $0.20 to $0.30 with Friday's announcement. Once license is granted, the revenue from the on-line gaming will help pay for the brick and mortar casino in Belize that is planned.
There are a few big shorters hitting it hard trying to protect their already large naked short interest positions.
A true forced buying could push this to levels realized when LEXG was experiencing a series of buyin notices ordered by Merrill and Penson.
A few market makers consistently sit at $12 to $13.20. Is that the peak PPS for an ordered buyin?
My conservative PPS play is $2 to $3. $6 possible with additional news and investor awareness. Will need a number of factors to come into play for the other side of $6 to be reached, with support.
Bid sitting pays off when things are quiet.
Good Luck!
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