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Wednesday, September 16, 2009

DMRC

DMRC IPO'd in October of 2008, and after a brief fall, held a floor around 8, and has been slowly moving up since. As you can see, there is a big volume spike in June, so it's hard to see today's volume on this chart. The high of 14.23 was breached today.

Here is the past month. Today's volume is high in relative terms, but still only about 50k. I haven't had to check the float on this, but it must be pretty small for 50k to move it this much. It is interesting how in the last month it came to a dead stop every time it hit 14.


Here are the earnings. About all I can say about this is they are expected to get "less bad".

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