Yesterday it was posted about the shares, float, etc... The authorized and outstanding are getting close which mean an r/s as management has stated will or can occur.
My speculation remains the same as a few months ago. It's been very quiet on the news front and then, there will be (or could be) something positive which in my opinion will be the catalyst for price movement along with an r/s.
Something in line with: "Blah, blah, blah, money. Contract. Funding. Bright future. Get listed on Nas. Blah, blah, blah." Followed by more news (usually they come in groups) And then, "We will have a r/s of (fill in the blank)."
Good?
Bad?
Guess I'll see. Not that I'm all that happy with r/s as most I've participated in only drove the stock price down, but sometimes if the news is 'real' the stock price does go up. But when has DNRG actually come through on their 'good' news? By my count, never. I started to lose faith when the college fuel cell did not get installed. Sure, they gave a reason of, "Megawatts instead of kilowatts," but I felt that was another way of saying, "We didn't have enough money to build the Rubicon for the university."
And since it really does not matter to anyone but myself, I'm invested in this company to the tune of $20k. Just think of all the pizza I could buy with that. Or, I should say, couldhave bought.
And yes, good luck as lately that is what investing in penny stock really is all about.
