So the jealous bear stuck its foot out and the bull tumbled down the flight of stairs one more time…
Undaunted, the bull got back up, blew hot air out of its nostrils, and fought its way back up. It was quite a display of bullish and “hopeful” energy. A feeling that nothing could stop this train from heading North.
$DMRC came back to life quite a bit today with volume
Could this be a bottom? Really, it may just as well be. Why? Well… in about a month from now, at the dawn of November, we may hear something about a name of one of the Big Five retailers that is testing the Digimarc Barcode system. Will it welcome the new format with open-arm? Anticipation and expectation may drive the price up from here. I’m looking forward to watch the story unfold.
The rest of the team corrected a small bit. As a result, my port gave back 0.5% with YTD losses at 3.3%.
LRAD, DMRC, ORBC, IBIO and 6% cash.
My 2 cents.
Wisdom from Warren Buffet:
“With a wonderful business, you can figure out what will happen; you can’t figure out when it will happen. You don’t want to focus on when, you want to focus on what. If you’re right about what, you don’t have to worry about when”
Categories: Daily trading Journal