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I have no opinion on whether Moran is dumping. I do think he did serious damage to his credibility over the last four years to the point where the market simply does not trust him or the stock as an investment. Unless the stock demonstrates a sustained turnaround in price, I'm sticking with the conclusion that we will continue to head down, probably to at least the .002 level. All the bull hype is the world can't change this seemingly imminent fate, but I'd love to be wrong. However, I won't deny reality to sustain hope.
And crumbling every day
It's more accurate than the flying wedge nonsense touted on the board last week and the giant buzz that erupts every time the stock makes one of the boards. Oh, and let's not forget all the DD hype about target dates and pps going to $10, "exciting news", moon launches complete with space suits, $10 per share, Moran the "hardest working CEO in the universe, mergers, "soon", all of which proved to be also nonsense and non-predictive. At least bear predictions have a consistent record of correctly predicting the trend (other than three very short-lived and minor blips) over the last 4 years.
Wow, almost $5.00 worth of stock sold. We are green. Is this the beginning of the long awaited bull run.
When you are dealing with Moran, being "sure" is never warranted. Look at his track record of questionable and uneven performance, as well as his historic disregard for shareholders, and his almost complete lack of substantial communication for three years. This is hardly the history of one that warrants a conclusion of investment certainty.
Remember, only a few months ago bull longs were adamant that .0172 was only the beginning of a long run that would lead to a share price of up to 10 dollars. Look at us now, back to being a struggling pink stock with a very uncertain future.
We need results, not pictures, rhetoric, and grandiose plans that never happen.
A slight rise and the bull longs go into heat again and for the 10000th time convince themselves the end of their anguish is over.
Don't underestimate the capacity of Moran to disappoint. Tomorrow may well start with a momentary rise, then it could drop sub .003 in an instant.
Okay, I hope you're right and you can have the last word. I'll be here to remind you later where your faith in Dewm took you. Good luck.
I already know and I put no faith in bull opinions or chart analysis for Dewm. I've made money on Dewm, but it was 100% sheer luck. No chart predicted the two day surge four years ago. It just happened and I was impulsive to get out before it dropped like a rock. Since then I've watched with amusement as Dewm addicts "chase the dragon", convinced we are destined for a repeat performance. Meanwhile, Moran could care less about shareholders.
Over four years, if you put your faith in chart reading by bull longs who have advised buying stock on every single day and never one suggested selling, you would have lost a fortune. Their "chart analysis" has called "bottom" at virtually every level up and down. In the end, an investor will likely end up with a Dewm portfolio valued at about .002 per share. Never once has their magnificent chart analysis recommend selling. It's always been, every day, year after year, "buy the cheapies".
Sorry, this is not chart analysis. It's hindsight.
Any pps increase for Dewm has been short lived for a few days and largely based on mob mentality.
The only accurate (likely) prediction for Dewm at this time, not withstanding the silly falling wedgie theory, is that the price will continue to fall. And that prediction has a simple link to the fact that Moran has not delivered in a way to secure market confidence. That's why this is simply a lottery ticket.
Oh really? Can you give any examples where charting predicted correctly for Dewm.
Yes, that's obvious if we simply ignore or deny the fact that the stock has steadily declined from .017 to less than 25 percent of that three year high.
Chart analysis is useless when trying to predict the fate of pinkies - e.g., the falling wedge touted last week as a sure sign of a turnaround from the "bottom at .0055".
Also useless is the periodic bull noise noise based on dewm's position on one or more stock boards.
Stock prices increase based on solid, verifiable performance and market confidence in the CEO. Dewm does not meet this standard.
Averaging down is a recipe for disaster with Dewm. You could be holding for years at the new target price of .002 unless Moran spontaneously becomes competent.
No, the stock is imploding because it is typical garbage pink.
How long before DEWM returns to the .002 level, it's "steady point" before the recent increase?
I did see it.
In fact, I have never once said this is a scam. I just believe Moran does not have the necessary skills to lead this company, sustain projects, or win market confidence. Assuming he can hang on to his license, I think he should work in pharmacy. Maybe Safeway will hire him.
I'm waiting for the "exciting" news you said was coming last week.
Why am I here. Asked and answered many times
It would be great to be on the Dewm bandwagon planning for my life as a millionaire and cheering as a member of the Moran fan club. I'd love to be able to welcome the steady dropping price by telling myself that it's no big deal, only a grand opportunity to buy cheapies. I'd reassurie myself that the stock has moved into stronger, more intelligent hands who recognize the great genius Moran who works tirelessly for the good of shareholders. Unfortunately, reality reminds me this is total bs.
An even bigger gift than the .0055 offered last week?
Low volume,fragile hold on low price. Looks like we are in for another disastrous week. New "cheapies" available soon.
We have to look at the long range picture. Historically, DEWM price surges (and I think there have been three - the big one four years ago, one where it went to .005 range and this latest that took us to .017). None of them were able to demonstrate sustainability. The big one was over in a matter of days and the stock tanked. The latest one suffered the same fate, but it took a bit longer to crash. You can't applaud todays minuscule pps increase as a bull trend. Look at the week - down from .0055 - that's a huge percentage drop that won't easily be won back.
I'm sure the market is well aware of the house of cards which is the infrastructure of this company. Moran's reputation is also a major impediment to attracting buyers.
No, it's not looking good. There is no recovery from yesterday's blood bath. Continued excuses for pps crash are little consolation for those who bought the "cheapies" for prices all the way to .0172. A million for .0172 now has a loss of $13,600. We know from long past experience that Moran doesn't care about shareholders, he's known for grandiose ideas that never materialize, and he's capable of going silent for years. Seems like a recipe for disaster, not liftoff to the moon. Even the mighty superhero falling wedge can't save this dog.
Sounds like yet another chance to buy "cheapies." What could possibly go wrong?
Where the super hero falling wedge. Guess it’s a no show. Only the falling screw showed up. Bogus worthless stock analysis is about as valuable as bragging about dewms board position
Could be doomsday
You forget to mention the upcoming CEO "spectacular" year end report, the moon launch, even more pictures of Moran and the countless new adventure Moran will think about as he works on his big project to turn lead into gold
What could possibly go wrong?
There's always a couple of lucky folks with good timing. I was one of them four years ago during the two day surge to .032. One can look at any stock, imagine perfect buying at the lows and perfect selling at peaks, at correctly say they made money. This, of course is extremely unlikely as the stock market is generally unpredictable - for example, the hype last week that the falling wedge was predicting a Dewm surge - turned out that was nonsense.
I have no trouble with the idea of gambling on a stock. In the pink market it's always a lottery ticket. But let's not pretend that Moran is a good leader and Dewm is a solid investment. It's a lottery ticket and nothing more with a virtual certainty you will not be a winner.
Get serious. Tell that to the folks that bought two days ago at .0055.
There is virtually no volume. Today's giant surge is built on a couple of small sales. It's probably a couple of die hard bull longs who have convinced themselves that Moran s the real thing.
One poster claims to have over a million shares. If this is true they have taken a big hit over the last while and have lost 1.14 million dollars. It's hard to sustain the bull myth in the face of such staggering loses.
Key word "could" which in Moranese translates as "no"
And the markets reaction. A big "no."
This company does not print without being paid. That's why they are in business.
Notice how Moran tries to pull a fast one by trying to link Dewm with the 2.2 trillion dollar industry. Really? We all know he's not a player. I might as well claim I'm a gold miner cause I bought my wife a pair of ear rings.
Not news. Read disclaimer. This was a paid pump. Read story carefully. As usual, it has no facts such as how much was invested.
That differs from my understanding that Moran is unable to deliver, the stock is crap, and the market does not trust him. I think that's why the price is in freefall. More to come.
Its very comforting to know that all is well even though the stock has dropped to 1/4 of what it was a few months ago. It's all games and manipulation. Anyone who bought 1 million for 16000 should be very relieved to learn that the current value of 3800, over a 12000 loss is no worry. Yes, great comfort.
Those that bought a week ago for $5500 must be ecstatic knowing they have only lost $1700.
Yes, DEWM is clearly the stock of the century and Moran is the man, the hardest working CEO in show business.
I'm just waiting to hear someone post that "this is a good thing. shares are now in stronger hands". Total garbage stock, incompetent CEO.
like the facts
A sad scenario is unfolding before our eyes. Only a week ago bull longs were ecstatic cause they claimed to have scored the "cheapies at .0055. A few weeks before that .007 was touted as the absolute bottom. And y'all know the refrain. Today, .0043 will be hearalded as a steal or a chance to average down. Time to learn the lesson.
As always, every drop is cheered by the bulls, confident that the "falling wedge" or some other mythical creature will save them from disaster.
Welcome to the sorry world of DEWM, the poster child for why you should not expect a pinkie to propel you to the big time.
We are witnesses to a classic pinkie meltdown. We all know that there is a 99% chance of losing your money when you enter the fragile pink circus. Dewm, like so many others, managed to find folks desperate to think they had found the pot at the end of the rainbow. They were/are willing to ignore history and bet all on Morans style of tabling grandiose plans, but delivering little.
I ignore predictions and hints at insider news. They are at best deceptive, at worst, illegal.
What time do you expect today's "exciting" news to arrive?
Oh so you think I am responsible for price drop. Wow! Move over warren buffet. I now control the market.