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They will use the closing price for the day before the split, so it will be below that
If they use the closing price on May 29, which was .0052, then the new reversed split price would be around .97. Any thoughts on that?
garrox
Well Dave so much for the 1:50 or less we were hoping for :
http://ih.advfn.com/p.php?pid=nmona&article=58119076&xref=newsalert
Ouch, 1:188 split
DMPD L2 shows 10k at .0034 and .0035 with 50k at .0036
Not much to move things here.
http://www.otcmarkets.com/stock/DMPD/quote
This is ready to go...
http://www.stockta.com/cgi-bin/analysis.pl?symb=DMPD&cobrand=&mode=stock
Definitely not going to take much at all. I think we've gotten rid of all of the flippers at this point. Could prove to be very fruitful to those of us who waited this out.
I agree and it doesn't look like it will take much to move this up. DMPD
Is it me guys or is this starting to look pretty good right here? I feel like we are tightening up and getting ready for a big move...
Much appreciated!
First IRIS has six divisions that are in the profit and they are moving one into that comp[any.
I see them actually moving there whole company, but it is also possible they are moving another division as well.
They have filed an SOS with there state and it is for a reverse.
I have done very well on 100% of my reverses the last three years and the best went up 10005 as long as they were less then a 50.
Right now it I all to do with patience and now the filing has cleared the flippers out with no intentions of ever investing rather just gamblers following there favorite sheep dog herder.
Now we actually have people who know how to read a filings and look for value.
We now need to be patient on the buys and make a free share here as we wait for the SEC filing now.
Take the time to read the curetn filigns and be ready for a wait and see the next filing.
New to this board. Enjoyed reading the professionalism of the board. Is it your opinion that STOA is still in play with merger? Looks like This could be a good alignment as well. Editing as usual. Just trying to dig around for some good DD. best of luck everyone.
I agree and now adding more real researchers and not just 25 and 50% flippers here. the power of the wave is always strong and timing works for the long and mid term followers.
looks like someone snapped up a nice chunk of DMPD this morning.
DMPD .003's printed! $240 gets us through them to the .004's!
DMPD looking strong early today!
the sos spot only did us well to clear out the ten minute egg timer flippers now and have them leave the building now and now we return to the value of the float and the filings as they stand right now.
DMPD 2.3mm volume in the first hour.....bid creeping up...almost to the .003's!
I agree! DMPD filings with merger news and this move today is peanuts!
looking great again and we will see more now.
no filings yet and watching for them now.
DMPD decent early action in the right direction!
$157.50 clears out the .002's DMPD puts the .003 at the ask
I really think the SEC filign will not be too bad here and be just enough to clear the way for a great opening for IRIS also ahead of the sec filing we will probably see a few runs anyways as they do not worry to much when they come to push them back up again.
I think you're right, Ali. Going to try to be patient and wait for the picture to clear. I'm still confident in my position.
Yea I was hoping for the same
Looking forward to it! DMPD
move to the ask I meant to say
I think we have seen the bottom here now and for those who want to ride out the news and also the D filing on this stock they will do well the next couple of months as long as it is less then a fifty multiple.
Was just noting on Friday that 180,600 was bought on the ask @.0018 then the bid moved to 219,400 @.0018.. those add up to 400k.
I figured someone was looking to add while waiting for news... Just making a further observation that he\she got filled... was hoping sellers would hold strong and make he\she move to the ask
but that didn't happen.
Yea what was that buy all about?
Looks like the bidder didn't have to move to the bid to fill his 400k DMPD
Finally got a chance to sit down.
After looking at the only action of the day. A buy of 180,600@.0018 and the bid now sitting at 219,400@.0018...those numbers add up to 400k.
It appears to me someone is hoping to pick up a small chunk prior to news.
Sellers need to hold strong, make him\her move up to the ask to get filled. DMPD will move up fast with news.
4
Personally I have done very well on reverses less then 50 to 1 and made as much as ten times my low buy.
Added a few more shares now on the panic and now sit back and enjoy the filings.
here is one on presplit drop and another below that.
30 to 1 at .002 to .03 then .28
40 to 1 at .003 to 1.20 to over 4.00
Not selling either my friend. "Patience" will be rewarded :)
GM DMPD hopefully we get some news soon regarding the merger with IRIS.
I personally will not be selling at these levels.
Another thing to consider is, since the STOA agreement was announced first, that maybe it hit a snag?
Being as DMPD didn't release any details of the agreement as STOA did, we don't know how/if it relates to the STOA agreement or not.
This is all speculation of course.
We won't know exactly what is happening until DMPD releases an update on their agreement with IRIS.
4
Agreed! Looking to add at these levels. Now worries on this end.
dave we don't usually see this / mgmt is operating out of their home.
there are no filings as of yet and with the low float and all free shares here I am not selling.
I have done very well the last two years on small splits and do not run scared.\
Looking for bottom now and will add more shares just like the SANT reverse split as well as the OGNG reverse splits which I made a ten bagger on after the new3s on reverse and bought presplit at .002 and it split to .03 and then ran to .25
Run and sell if you want as most on IHUB have no clue anyways.
watch for the filing and like the STOA were they placed there trash business this will go back up and fear is no place in the market.
It's hard to do much of a forward split at where it's at....
So we don't know if it's a forward or reverse split? Why the gloomy faces... this could just as easily go in our favor.
I am not positive of the required timelines but I have seen companies not file those forms until the day before the split takes affect.
yeah crazy lol
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