Hey Rich2rich, Thanks for you amiable comments with regard to me. While I think it is pretty pathetic that DRGP's stock is hardly trading, in a way its not really surprising. There's virtually no PR going on. The people that have bought into DRG own as many shares as they want...and apparently those who have shares for sale, don't seem to eager to sell many more at current levels. Kind of an equilibrium of sorts. Ironically, if the price would go up or down the volume would probably increase dramatically.
That being said, know that I am still a believer and am not the too concerned about invested dollars at least not yet. :)
DRG will trade at the level it deserves. We've all seen devolopmental stocks trade a lot higher...I know...but when you on Nasdaq and ASE and NYSE...these companies generally trade in relationship to their sales and earnings or at least potential and projected sales and earnings. In time even while we remain on the BB, DRGP will do the same. If we're break even to profitable we will warrant a higher stock price. What credibility does Melissa and company have in the eyes of the investing public? Not much. While I do think she has righted a sinking ship, we have not yet seen the proof we are looking for.
How will that credibility be returned? Audited financials. Audited financials. Audited financials. Consecutive audited financials. I think it is really that simple. The proverbial proof will be in the pudding. We have probably all made investments that were short term and momentum based. This is not that (understatement of the year). I've been away most of the day, but I don't think DRGP even traded today....hardly all week for that matter (before posting I saw your next post about DRG trading $257 worth).
My all time best investment. $10K invested in 1996...returned in 2007-2008 $142K. It was a private placement. If I had been able to sell it in the mean time I would have...but couldn't. Because I couldn't I ended with an almost unbelievable return (1420%) that realistically was life changing.
My point is that time is our biggest ally. If DRG delivers like we expect, (I know big IF from your perspective) time will be our biggest ally. What's going to happen? Are we going to sell out for .10 for a 200% gain? Perhaps? for .25 and a 500% gain? Maybe. Or at .50 for a 1000% gain? Duh. How about a buck? Who wouldn't?? Wouldn't that be wild?
What's going enable us to make wise decisions in this regard? I think it is having a larger and wider perspective. If DRG is successfully carrying out its business plan...I wouldn't recommend selling a share. Knowing myself, I very likely will...but where's the big money going to be made? By holding and patiently waiting.
B-M was great idea. The shareholder letter talks about moving to a high exchange. I hope to wait at least that long...but I think bigger money will be made after the move.
Yeah, there are some pretty big questions and certainly some room for improvement...but look how much DRG has done in the last year and half. What is it going to accomplish in the next year and a half? Therein lies the most important question that should determine our investment choices.
Enough of my rambling. Randy
News 
Market Data 
Discover 
