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Ok here is why...The test of the NECI equipment went exceeded all expectations, therefore Time Warner Cable is ordering units for nation wide distribution and they are just one of the companies ordering. This means that DTMG is going from a R&D company to a profitable company and this is the fly in the naked shorters ointment. There is currently more shares shorted than legimate shares to buy..ie more shorted than allowed in the company charter. Now with all the pressure from Congress, the SEC and lawsuits the days of naked shorting are coming to an abrupt end. The shorts see the writing on the wall. So to recap...valuable product that has strong interest and sales coupled with short covering means significant price movement.
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Looks like the naked shorters (MM"S) have lined up for yet another goal line stand at the .15 level! DTMG breaks throught this goal line stand like it did the .12 and the .14 stand and another but, more serious round of covering will commence as the short positions unravel!
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I see trading today to either confirm the bearish enguling pattern or to deny it. If we close above .13 today then its up up and away next week. if we close below .13 then we will see some profit taking for a couple of days then up, not a reversal of the trend just some profit taking. As we near the end of the month an 8k will come out and all will be made clear on the move to Delware (voting is over this will casue the shorts to start covering as certificates must be returned for new ones and the shorts don't have any!) and other items of major interest. Since the month is winding down the time crunch is happening for the shorts. I believe they are going to be in for a nasty surprise. You might want to joint the group via http:// finance. groups. yahoo.com / group/ Datameg longshangout/ Just delete the spaces. Good things are coming and within 40 days we are all going to be smiling ear to ear baby!
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Profit taking is over on our way to the next leg up. It has gone up four straight days. Today was good upward pressure, time is growing short for the MM's who have naked shorted DTMG. Giddy-up!
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