{"id":136,"date":"2012-06-08T00:52:47","date_gmt":"2012-06-08T04:52:47","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=136"},"modified":"2012-06-08T00:52:47","modified_gmt":"2012-06-08T04:52:47","slug":"domark-international-shares-avalanche-dramatic-fall-continues-domk","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/domark-international-shares-avalanche-dramatic-fall-continues-domk-136","title":{"rendered":"DoMark International Shares Avalanche, Dramatic Fall Continues (DOMK)"},"content":{"rendered":"<p style=\"text-align: left;\" align=\"center\">The turbulent journey for DoMark International (DOMK) continued today as the company experienced one of its worst trading day yet, falling a dismal 22.71%. The drop is surprising for a multitude of reasons. To begin, the company just announced on June 1<sup>st<\/sup> that its wholly-owned subsidiary, Solawerks, had received its first shipment of the highly anticipated new product, the Solapad. The product, a &#8216;revolutionary&#8217; new solar power battery pack that is compatible with all current and future versions of the Apple iPad, is one of the first of its kind and has already received positive critical assessments from the technology community. However, not even such a promising announcement, trading has stagnated for DoMark International.<br \/>\nThe beginning of May was one of the best share price performance period for DoMark International. Between May 4<sup>th<\/sup> and May 8<sup>th<\/sup>, the company\u2019s stock rallied an impressive $2.49, a staggering achievement for such a small business venture. The penny stock remained above the $4.00 mark for a few days before beginning to fall on May 11<sup>th<\/sup>. The first announcement for the Solapad came on May 15<sup>th<\/sup> and included a statement indicating that all packaging was nearly complete and that the product would be ready for shipping by the end of the month. Some analysts wonder if this was done too early and as a way to salve off the initial fall. Not surprisingly, the stock rose close to 10% the following few days, before once again tapering off.<\/p>\n<p>Then, between May 15<sup>th<\/sup> and May 31<sup>st<\/sup>, DoMark once again saw its stock skyrocket. In the intervening time, the company announced the appointment of a new president, Brent Strasler. Strasler replaced Michael Franklin, who agreed to remain on as an advisor to the Board of Directors. The company saw one more increase on May 31<sup>st<\/sup> of close to 5%, reaching a market value of $3.05. However, it was also reported by www.marketwatch.com that during this time the RSI for the company was only 59.04, a strong indication of stocks being undersold. The combination of these two factors \u2013 the transition period between two presidents and the notion of undersold stocks \u2013 played a major role in the monumental collapse that began the following day on June 1<sup>st<\/sup>.<\/p>\n<p>DoMark International is a marketing and management company that focuses on owning, developing and marketing numerous products. Interestingly, as reported by the <em>New York Times,<\/em> Mr. Strasler has a strong financing history, including twenty years of experience in both the private industry and public capital markets. Upon joining the company, Mr. Strasler immediately set up a new comprehensive business plan that included the financing of assets in a more direct way. Such immediate and impactful changes never bode well for the stock exchange, which may explain why DoMark has fallen so significantly in June. Also, it is important to consider the type of industry DoMark is trying to be competitive in \u2013 the consumer-technology market. In such a fast-paced and quickly changing environment, even the most subtle of changes can create ripples of doubt and scrutiny.<\/p>\n<p>Moving forward, the success of the Solapad remains extremely important. If the product comes off without a hitch as it is supposed to do, and if the new president can refinance the assets in a more profitable way, then this fall from grace should just be another interesting node in DoMark Internationals long and inconsistent journey.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The turbulent journey for DoMark International (DOMK) continued today as the company experienced one of its worst trading day yet, falling a dismal 22.71%. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[],"stock_ticker":[],"class_list":["post-136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-cap-stock-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DoMark International Shares Avalanche, Dramatic Fall Continues (DOMK) - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/domark-international-shares-avalanche-dramatic-fall-continues-domk-136\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DoMark International Shares Avalanche, Dramatic Fall Continues (DOMK) - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"The turbulent journey for DoMark International (DOMK) continued today as the company experienced one of its worst trading day yet, falling a dismal 22.71%. 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