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They are taking you seriously now I bet.
Thanks very much Sam. One thing I might add though, when this is $80 I will maybe consider paying taxes on it. Just FYI. Otherwise, yes sir, these are the kinds of stocks that transform the lives of investors. There are two kinds of brainwashing in the markets in particular that work against the individual investor's ability to develop their steel determination and free will that gives them the conviction to ride the big winners to true wealth.
One is the old brainwashing that says: The little guy can't beat the street. That's funny. The whole reason an iHub exists in the first place is there are people who don't believe they have to settle for 12% a year from a mutual fund and can do it better themselves. But there is a dark side to that drive for self-determination which is an impatience that can lead to manic choices fueled by lack of true decision making.
Penny stocks attract independent thinkers, but it also attracts gamblers. And we all know gamblers without a technique give it all back to the house eventually even if they have a lucky run. So you have penny stock traders with technique who feed off those others without a backbone who follow whatever is hot. Somebody is making money on the penny stocks, but many are not.
So you can beat the street because the street still habitually overlooks stocks on the OTC (forget Pinks, just skip them entirely) until they are moving up towards an uplist or after that. This gives you repeated amazing opportunities every single year to identify future successes and get them cheap and become wealthy. It actually is the most traditional form of investing applied to the area of the markets that is perceived to be the least friendly to investors.
This microcap space is where the true stock picker thrives and accumulates and wins. When the street and the penny stock pack always disbelieves future blue chip companies cannot be bought for a buck that gives you a phenomenal edge. It is the truth, but only each person can experience the truth by developing their own conviction and seeing what it is to ride a 20 bagger.
A 20 bagger that goes from sub-penny to a penny and then collapses is NOT RELATED. I cannot put a quarter million dollars in a sub-penny. I got close to trying it with one pink and it was just greed that let me diverge from my already well established micro-cap investing strategies.
You need a great stock, not the cheapest stock. Don't ever forget that. People get lost fantasizing about multiples from bad companies with depressed share prices. Instead you should be looking at blue chip prodigies going places you can safely park larger sums of money in for a longer time frame.
The second aspect of modern markets that fuzzes peoples minds is the idiotic notion that Buy & Hold is dead. Dumbest thing I have ever heard in my life. Seriously, you have got to have rocks in your head to believe such nonsense. If you are a trader, trade, but never think it is the only way.
Buy & Hold works especially well in the microcaps BECAUSE you have the unusual advantage previously stated, which is: Nobody believes you until it is too late to own it as cheap as you bought it. By the time people start catching on, the earliest entries are gone. To buy a DPDW now at $2 is very, very smart because the trend, the future, the outlook, the foundation are pointing to something extraordinary now.
This is a good strategy for many, which is to buy a stock like this after a strong trend confirms the long term outlook and has already removed various risk layers by the time you enter. So it just becomes a matter of your percentage potential vs. risk. You bought this under a buck, you get a bigger multiple than the new buyer, but you all win. Because you are all investing.
The shareholder base is the second most important thing after management. Of course, the business is the valuation driver, but management is your guardian and deliverer of results. Seek them out in the cheapest stocks and invest in them. It is pretty simple really. Even the most elaborate DD in the world is no substitute for picking the right team. Pick shady people or inexperienced people dealing with shady people and you can find yourself mired in penny stock conspiracy theory wars. Pick a solid, experienced management team doing their next grab for the brass ring and buy them and hold on for your rewards.
The modern buzz environments mitigate against patience and Buy & Hold. Most want to be a trader it seems, but the majority of the big guns make their multi-millions going long. Going with the flow is a big part of trading, but sometimes the same can be said for realizing you have a winner and can load up and go long with that smart money flow that forms the rising tide around your boat.
It is so true, I can't tell you how many times I've seen this. You literally have to be higher priced for many people to even believe the stock is worth owning. They could be deep pocketed individuals with absolutely no constraints on what they can buy (unlike some fund charters), but if you tell them you have an amazing 75 cent stock they just will not buy it! It could be gold plated and covered with diamonds and they won't believe a stock that cheap is not a piece of toilet paper. But then tell them about the same stock at $2 or $3 and they just may be curious enough to look at it. Happens all the time!
The float is going into long term strong hands. They are not buying a million shares for a mere double.
Dollar Volume is your key statistic for today. Very impressive now to have MORE Volume than before at a HIGHER price than before. 2 aspects of dollar volume growing together is velly good.
Yes, the markets have told us clearly DPDW below a buck was artificially low and now it also needs to be valued way higher due to rapidly forming circumstances.
Perfect storms become recognizable to many when they start to gain critical mass like we have here so this is a steamroller right now. Many more want to be on board and are buying rather than risk missing the ride.
TIMBER!!! = COVER!!!
Hopefully you can learn to buy when you have quality staring in your face and master your fears. Good luck
THEY ARE SHORT!!!! Look. They are all playing a resistance point and forming a wall.
My experience was buying the crap out of the Ask when they do that is your best chance to accumulate size. If you are looking to build your position before this starts running to 2.50 use these guys against themselves to benefit yourself.
They are shooooooooooooooooort. Buy from them and hear the fire sizzling in their pants as you do it.
Wow, they are really cavalier to have shorted this stock this week. Some of them want to accumulate too I'm sure, but basically you have got them by the short hairs now folks so don't be afraid to add. We have all the confirmation we need to know a minimum 50% gain from here is in the works.
By 10/26/07 2:29 PM EST
Deep Down inside, actually.
And if you really want to bump it up hard it helps to have a big bottom.
It would not be necessary. It might happen, but it might also be folded into another PR confirming its closure. The 8K was sufficient if that is it on that item.
Now people know: DPDW is a Ditty Boy stock.
DTYBOI = Don't Turn Your Back On It
UTT is a cute game DR can play indefinitely and come out smelling like roses.
The game is called Up The Target. It goes like this
Up the target
Wooosh
Target met
Repeat after me:
Up the target
Wooosh
Target met
all the way up the ladder
And the conversations will go like this:
DR Client: "Hey Rosie my boy we just met the $2.50 target, should I sell?"
Dahlman Rose: "Are you crazy? We're upping the target again, this is uplisting. Keep adding."
DR Client: "Hey Rosie, we uplisted and just hit your $8 target, should I sell?"
Dahlman Rose: "Don't touch that button until I tell you to. You want to make big bucks right? This was just the set up. Add to your position or just hold.
DR Client: "Wow, you were spot on. You upping the $20 target now that it has been met?"
Dahlman Rose: "Yes. You can take out your principal now and ride the rest. This is going to double in the next 9 months probably."
DR Client: "I love you man."
I just heard the sound of iHubbers creaming everywhere.
Excellent. Good move on your part. Nice confirmation from them. This is going up from here.
Terrific. It is VERY UNUSUAL to already have 2 reputable firms issue INDEPENDENT analyses and Buy recommendations when a stock is at these price levels.
To have had one recommendation below $1 was great. To have a second one already pre-$2 is remarkable.
Buy & Hold. These firms are not coming on board to lose face.
P.S. The usual expectation when seeing a report on many companies on the OTCBB is they are paid for by the company. But that is not what is going on here. These are firms that pay their bills by making money making recommendations for their clients. You can be pretty sure their analysts have done a hard core walk through with the company before issuing a buy recommendation.
As always, follow the smart money.
I think I saw on the cam where Jeff Goldblum walked into that contraption. There was some white light and ever since the only thing I've noticed is the occasional horse fly hovering around there.
1. Among many previous points made by myself and others in the past were:
(a) Promises of transparency
(b) Promises of conservative share structure management
(c) Products promised
(b) Features promised
2. Among those points it was made clear shareholders had to demand transparency.
3. When you got only partial disclosure recently, but not the mechanisms for full verification that presented
A NEW ISSUE of:
4. Full Verification is Transparency, not partial disclosure without a third party transfer agent.
5. Which leads to WHAT's NEW? Well the fact insiders claim to hold shares now, but you can't verify it. THIS IS A NEW ISSUE that arose with the recent unverifiable disclosures made by the company.
The fact is previous issues raised by skeptics were proven to be fully justified. Not only was the OS diluted heavily, but it was maxed out even beyond most skeptic's guesstimates. The severity of the dilution still leaves new unanswered questions, one of which I clarified today and which IS NOT REDUNDANT, which is:
WHAT IS THE VERIFIABLE FLOAT?
Without that information, this has no odds attached to it even as a risky gamble.
This is a new factor that was not well addressed before.
Yeah, you know what the real problem is for me now? If you choose to remain holding something and you know it is an outright POS run by deceitful management then at least have the dignity to NOT pump to salvage your losses. Take them like a man (or woman) and move on or speak your mind if you wish, but to pump when you know you were wrong is VULGAR.
Simultaneously, it is also VULGAR to crush the truth when you know you held the wrong thing and supported the wrong people.
To keep pumping when you have figured out you're holding something full of lies and deceit is wrong. I've walked away from things before when I realized they were unsalvageable, but this is the first time I came back to tell it like it is.
And it has been dead on the money to call out these hucksters. Any who heeded the call and sold are sure glad they did now.
But if you still hold a steaming POS don't try to duck the truth by crushing it. Deal with it. It is called a mistake. Some people would rather pass on their mistakes to others, i.e. pump to new victims so they can buy their shares than admit defeat.
$1+ moves would be expected with various kinds of possible news.
Right and now you've become nothing more than a stooge propping up a corrupt organization. Way to go with the deletions of ON TOPIC posts while claiming they are redundant when you don't like them, yet you keep tons of goofy fluffy moronic messages by know nothings who contribute nothing more than further delusion. You are descending into total collusion and as such I consider you in bed with a fraudulent organization. Admit when you are wrong or just walk away, but don't aid and abet their continued deceit and lies. It is revolting. Show some integrity and let people speak the truth without trying to rub them out like a dime store mafioso.
I agree. It is hard to reconcile. What I do not see stated openly is the reality the company kept promising transparency WHILE they diluted. Why is this brushed under the rug? I don't get it. They strung people along and many cooperated saying:
Patience
Wait
Good things are coming
But that ended up just being a smokescreen while they were diluting.
It is one thing to argue patience, but it is another to keep doing it when the previous efforts were clearly rewarded with nothing but betrayal.
How can anybody trust this company again and suggest patience is in order?
It defies logic to do so.
Only AFTER they were done did they admit it. And this is considered tolerable and workable by some as if the company is still otherwise a worthwhile enterprise.
Not relevant. The topic is INXR and their policies.
Diverting the matter towards a different topic does not address the fact that until the TA is ungagged there will be no verification of the share structure, including the vital aspect of how much is still held by the insiders.
They revealed they awarded themselves billions of shares, but you can't verify if they still hold them.
That means you don't have a clue if the float is billions bigger than even some optimists think it is.
Changing the subject to say Pinks are a gamble is not a realistic response. Sorry, that is not the point. And if you persist in shrugging your shoulders about the real issues and saying it is all a risk and a gamble and if you don't like it move on, then I'd say the issue of the size of the float goes right to that point.
You don't know your odds, do you? At least when you play poker, there are odds on another Ace being dealt to you. But here you don't know for sure the share structure, just what you are told. We know what you are told in the past is not something you can bank on.
You want to gamble and know your odds? You still need to know the float and you don't have any idea until the TA is ungagged and the insider positions are verified.
Again, phrasing it in terms like normalcy is not useful to shareholders. It is not a defensible point of discussion. I don't justify my behavior because somebody else did something. I choose what to do. INXR chooses to gag the TA. That others do too is completely irrelevant to shareholder concerns and should not be excused by such comparisons.
That is not true. They do not ALL START the same way. You cannot refer to iHub forums as a reliable source of information independently of your own research. Here, read this article to bone up on the various Pink Sheets:
http://www.thebullandbear.com/articles/2005/0905-pink.html
Then go learn about how there is a move to create a more highly credible breed of pink sheet companies now that are truly transparent:
http://www.otcqx.com/otcqx/home
For people to suggest you are "working on" getting anything done with Doug & Drew is not really relevant anymore. We all know one phone call ungags the TA. Do you need to beg them another 6 months? There is no lead time for a decision like that. They just have not wanted to do it for their own selfish reasons. We know that because they only revealed their dilution close to the full OS of 10B AFTER they did the dilution.
There is no excuse for it to be gagged any further. You can't convince rational people otherwise and apologies for them trying to get their act together is no longer tolerable either.
I will tell you one more reason why they may not want to ungag the TA now even after revealing the full extent of their massive dilution. It is because they may not want you to know how much they still hold personally. How would you feel if very little of the OS is still held by them personally and they actually sold most of it? How will you know except by verification by the transfer agent? You won't and you can't and nobody will take them on their word until it is ungagged.
It is called Managing Growth and Preparing to Scale
The Plot Thickens ....... To be continued
You may do better with short term if you are successfully trading, but if you are handling large sums of money and investing a quarter million in a stock that goes up 10-20X and make $3-5M profits in 24 months on that you might feel differently.
Seems a $4M profit taxed
40% = After tax net profit of $2.4M
15% = After tax net profit of $3.4M
An extra million dollars you get to keep there.
And that is just one item in a larger portfolio.
If Ironman is up $50M they retain an extra $12.5M after taxes on Long Term Cap Gains basis.
So it depends on your level and money management techniques, but unless you are trading your way to $5M in profits each year the guy who put in a quarter million to $3M here is most likely going to be holding for over a year.
15% LTCG
Roger, this was beaten to death today, just read a little please. The shares are restricted. No need to reply. It is in prior posts. Look at Chevy's reponse from the company for confirmation.
Correct, when Ironman is ready to take profits and sell they can arrange a block sale to a big institutional investor who wants to take a position in DPDW at that time. Say the stock is at $25 and they want to sell one third of their position to a big mutual fund, they'd do a block sale that you may never see hit the tape.
Maybe it adds half a million to the FREE TRADING float, but the rest is restricted as discussed earlier today. Half a million added to the float over the next year is marginal with the volume on this stock.
You can pretty much guess that anything less than a $15M profit on their investment will be a letdown for them. They are looking to make upwards of $100M+ if this mushrooms. I did feel a twinge of envy when I saw it announced. I have a bunch, but not a million plus shares. They are going to do very well for themselves.
Thanks. Now people can take it to the bank that Ironman is on board as a long and pro-DPDW this next year.
I think that is a given. They have the local approvals in place. No reason to put millions into the company until that is secured. Now that it is we move on to the big game that will result after the financing goes through which should happen now without any hitches I can foresee. This is as close to a full-out Buy Heavy recommendation as you can get. But some will wait for confirmation of funds before they do. I may be wrong about the market reaction to that news, but based on the type of shareholder base we have here (confident and patient long term growth speculators) there is little reason to expect many to sell on news. Therefore I believe you are faced with the choice to buy cheaper now or wait for confirmation and pay more later, perhaps 20 to 30% more.
One thing about PPs to keep in mind. They are rarely done to manipulate a stock. They are done with the hopes of making money long term on the money invested. It has a one year plus outlook by nature. They are almost always done at fixed prices and may also include warrants to buy the stock and that is often at some percentage also based on the current trading price. There is no hard formula.
I love warrants. I have warrants of companies that are hundreds of percents in the money and I still have not exercised them because I think they will be worth far more in the future just by being patient.
But notice Ironman did not get warrants. When you see a financing without warrants that is pretty bullish. It means the buyer considers it a good value straight up without any added incentives.
P.S. You can find a detailed post by me about Private Placements on the DPDW board if you search the keyword or look through my posts.
You're welcome.