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what was up with the 1.75 spike today??? I was away from my computer...was there any reason??
I think I'll put an order in to sell at 1.70 just in case lol
what the heck happened today?? I'm at school so I can't muck back through the old posts...
I have the touch of lead with this thing...I sell when I think a downturn is coming and it spikes up, I buy as it settles back down a bit, and then it falls off the face of the Earth lol
Actually that's true...I actually have no idea how much of the price of gas is accounted for by transportation.
it doesn't matter how much oil we find, our refineries are at max capacity. We could find 2 billion barrels of oil off the coast of florida tomorrow and it won't matter, because we can't increase our gas production any more over what it already is until we build some new refineries. Hell we were at capacity before Katrina, and some of the refineries still haven't been fully repaired from what I understand. So we're still at capacity, albeit an even lower one now.
looks like a few 25000's rolled off too
lol I was paralyzed at first because I didn't want to miss out on any big run up...then I realized every big run up lately is followed by a dropping off the face of the planet, so I should sell on the runs and wait for it to crap the bed again
YOINK! Sold at .58 the other day, just bought back in today. I wish I had thought of this earlier, sell on the runups, buy back in when it settles down.
Tom did you ever get in touch with DR? I was looking for a post on it yesterday and didn't see one, unless it got buried
Observing a downtrend isn't whining. And I can't call DR right now, I don't have access to a phone where I am.
Well many of us have lost too much to cut & run at this point. And some people here are starting to wonder what the management is doing. The decline doesn't appear to be due to volatility, but rather manipulation, if most of the posters here are to be believed, so asking why they're not concerned about this seems to be a valid question
I have a right to be ticked off at the manipulation and possible dilution that's going on. Being 'doom and gloom' when we're down 75% or whatever since January is vastly appropriate. You can't turn around and say that everyone going overboard with positive predictions several months ago was ok, and that now people being upset is NOT ok. If you have one, you have to accept the other. And I wasn't exhibiting a poor attitude, I was asking Tom if he'd call DR and see what they have to say.
PLEASE get in touch with them...even with a turnaround by July a ton of us will still have lost a massive amount of money. Thanks tom!
well like someone said earlier, it looks like a bitter ex director is dumping shares lately. I'd wait on the dollar talk for a while. I was getting flamed a month ago for saying we wouldn't see 1.20 again for a while, and we were only 30 cents away from it at the time. We're about 50 cents away from 1.00 at this point.
more cheap shares diluting the price, that'd be my guess for how it'd test .20
darnit...it's too bad how this turned out. I was hoping that after about 18 months I'd have made enough here to pay for my 2nd year of grad school. Maybe someday I'll be able to take my earnings here to pay for my 7th year of med school :P
man for a second there I read that as we were currently at 2.50.
In other news I predict that there will be strong support at 0.00 ...I really can't see it going any lower.
my point is, that long term couldn't you do better with other companies. If the value of the company isn't reflected in the stock isn't that a sign that something's wrong? Yeah, there were 2 major acquisitions...look after mako we bumped up 25%, and then dropped like a stone. I'm not scared to lose what i put in to dpdw, I'm just curious as to what everyone's motivations for staying in at this point are. As I said, I'm down so much I may as well.
well true, buying NOW is a good idea probably.
I remember something you told me quite a while ago though, not in reference to DPDW though, "If an OTC smells like roses it's usually sh*t" I guess I have to just file DPDW away into the looooong term portion of my portfolio
I meant profit for the individual, not the company!
So you really don't think in the time it's going to take for this company to turn around and return even a modest profit that you could cut & run and do better with what you have leftover elsewhere? I'm just curious as to why ANYONE would be in this thing right now, unless they're just initiating a position, or they're stuck at a 3/4 loss like I am right now. If you're even 40% down, isn't it obvious that in the time it's going to take for you to get your money back you could be selling off your holdings here and investing elsewhere? Just saying
See this is more realistic than the 'oh we hit a bottom we'll be back at a dollar before earnings' talk I keep hearing here. I wish more people would reason like you are. Even the 'regulars' of this board seem to be WAY overboard sometime with predictions of either doom, or prosperity.
What % are the longs here hoping to make? Given the fact that most people here don't seem to be concerned about the absolute slaughtering we're taking in the short-term, what are your individual hopes, % wise for what you hope to make off DPDW? There are a lot of seemingly educated investors here, couldn't you have made a lot more money elsewhere in the time it's going to take this stock to turn around?
75%, sorry!
we also had support around 1.20, 1.00, .90, .65, etc.
at this point even with a great filing we won't even be back to .75 cents...ugh
I wish I could cut & run, I'm at 85% loss right now. Seriously though, every time I think we're done dropping we drop more. I'd be better off selling here, and waiting for this thing to hit .25 so that I can double my position.
few weeks back people were saying break through .90 and we'd be on a roll...we got through 90 and we're back here at .65...let's wait and see this time.
I don't get why it's not getting scooped up at these prices. Does everyone else know something we don't?
lol so it was people on this board doing the 113's? seriously? haha
well it's official, with today I'm actually only breaking even on the shares I bought in mid summer of 07...ugh
haha really though do you think there's anything to be read into it?
so who IS hitting with those 113's?
exactly...it'll move...when it moves!
exactly. Couldn't agree more.
Also, I know it's all opinion and wishful thinking here when someone says "we'll turn around this week for sure", etc. But honestly, none of us KNOWS. We can all say it'll turn around this week, or that week. Or that it'll backtrack this week or that week. But it doesn't really ADD anything to the conversation here. It gets rather noxious actually. Why don't we save the conjecture for posts that involve an actual chart or hard evidence to back it up? Then we could focus more on the equipment being put out by the company, and the PRs. Seems like we put way too much effort into arguing over whether we're going up or down on a given week, when none of us knows.
Well that's nice, an even close....almost makes up for someone hitting my car in a parking lot and not leaving info!
yesterday was very quiet too....are people on vacation?
the point of the board is for intelligent discussion...people arguing every single day that it's the last day we're going to be descending in price gets old, redundant, and pointless after a while. Just as people saying we'll never be above a dollar again is pointless.
absolutely, you just pretty much said concisely what I've been rambling on for about my last 15 posts with.
Just as people saying it's disconcerting and alarmist when I or others say "we're not at the bottom yet", it's just as noxious (for lack of a better word) when other people say "oh here we go, we hit the bottom, tomorrow we're turning around" every day.
hahahaha
just a note; I'm not pessimistic on this company in the longterm, but I feel that a lot of people on here are trying to talk each other into the notion that we're only a month or two away from being back at 2.00. (hey with the 10k maybe that's correct) But I'd rather err on the side of caution, that way if it's not back to 2.00 anytime soon I'm not panicking.
getting back to 1.00 is proving to be difficult as well Chev, you have to take that into account.