Looking at DDSS when I woke up this morning, I decided to put my money where my mouth is and buy some shares.  Back on February 17th, I had mentioned to pay attention to this stock and, more importantly, its volume.  However, with the decrease in volume, there was also a decrease in closing price.

Last week I purchased shares at 1.57 and figured that maybe the stock would drop a bit lower but wasn’t really worried too much about it.  I just wanted to have some shares on hand because, quite frankly, I don’t have a whole lot of time researching the market.  I work pretty long hours and most of the time the only chance I get to check things out is after the market is closed for the day.

Of course, the stock dropped, and this morning I saw the opportunity to purchase more shares pre-market at 1.44, which I did.  With the stock closing in at 1.48 today, I can see DDSS being back in the 1.50s range for the next few days.  After that, I would look for it to come back down to the low 1.40s before shooting back up again.  I see a lot of similarities between the GNVC and DDSS charts:

Notice each stocks’ graph after each of their massive drops.  I see DDSS right now being where GNVC was at February 1st, close to a support level.  In the coming days, I see it going up a few cents (probably around 1.53-1.54) before coming back down and retesting that low 1.40ish support level.  I may try to swing trade this one if the opportunity presents itself.