Daybreak Oil and Gas Inc (DBRM)

[maverick one]

Thar she blows under 4 pennies LOL- god oh mighty I better get off this thread and head back to my majors like right now.

It was predictable. The reason I came here many years ago was because I thought it had potential to blow up with the giant size of the kern and someday be trading at $1.00 + and be a larger acquisition target with a nice payday.

Oh well I threw over $90,000+ at this...it is what it is.

No alternative to sit back and watch see what happens when oil recovers which it will eventually.

Might take a year or it could take many more...this will just sit in my accounts and when it's time fingers on sell buttons obviously in many trades because it's thinly traded it will not be easy or quick to sell this once it recovers.

That's if it does.

Like I said this was structured all along IMO to benefit accredited shareholders and insiders with a small amount of dividends yearly and anything left over was sucked out like a vacuum.

The paid pumps were for accredited to unload perhaps commons we had opps to do same but we held-that's the way it goes if we held which we are dealing with now.

It's not JW's fault if commons held, but IMO it is his and the BOD's responsibility to steer this company in a different direction that's a positive one for all.

They need to unload the terrible financing and high interest rates and start operating in a different financial theatre.

That's why investors turn to shorting to get their money back and try to recover their $...completely legal and a necessary tool that can be used quite effectively when wielded correctly against the forces of downward trends. When PPS gets pushed down that at times forces companies hands since they use their stock to attract capital and makes accredited think twice about dropping their money into it. Sometimes to force a change of direction, someone has to take the reins.

JJ- this had serious potential but IMO it's kind of flat tire here for now. There is always a possibility it can recover however.

It's just time-we'll see how she shakes her ass.