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dear doug.........................
You yourself told me the balance sheet is a complete disaster. It was pm'd, remember? And I told you and this board, I don't care if they give away free hookers with every "witness" test kit they sell. It does not matter if they are God themself if they have the financial deals they have. The stock is screwed.
Yeah. I can read a financial report. Accounting was a minor in my undergrad studies. So don't give me that horseshit about what a great company this is. It flat out sucks on paper. And it will get worse. Sell those new shares, doug. Sell the hell out of 'em. It still will not help. The end is coming.
e <----- gone to hit golf balls now
keep that thought...............
the sun came out - gonna hit a big bucket!!!!!!!!
easy
i don't buy fundamentals................
fundamentals and market analysis have a way of turning into bullshit. looking at dismal balance sheets, p&l's, and suicidal finance deals are good for shorting. but these cheapies are great for quick bounces. ya on? what price?
e
doug..........................
They release pr's that say little, if anything. They have regular cash expenditures exhuberant of their revenue and cash flow. They regularly lose money. They cut finance deals that, on record, are financial death spirals to anyone doing them and completely destructive of shareholder value. They continue to date, to dilute share holder positions by doubling outstanding shares. What else could matter?
I'm long .0084. But looking at this thing objectively is the only way to hold it. Doing it any other way has you a loser and probably averaged down on top of that. Ya have somethin' against honesty?
easy
hey hogs...........................
how 'bout tellin' these folks what is really goin' on here
tia
easy
doug..................
Again, these otc's are what they are - fluff writers, scammers, and deal-cutters who are destructive of shareholder value. Is DNAP doubling in outstanding shares a good thing? How can it be? You know the structure of these deals. DNAP can join with a dozen of these companies and it won't mean anything until the deals they have cut are undone. If exhausted, a reverse split is the coming fork in the road............... but only after the next 1.5 billion shares are sold.
Until a miracle occurs, duck, bob, and weave.
e
such grand news should................
be setting this stock on fire, ya think................ unless it is painted air. Everyone knows they probably have a deal with whatever their name is. And everyone knows they got a grant of such a meaningless nature they do not release details. It is old news. When they repeat it, it frightens away the buyers they need to hook with new shares. The result is, smarter participants sell.
They need be more creative in these pr's. I know some eleventh graders looking for part time work.
easy
it says what is already known eom
old news = empty pr eom
stockboy...........
i agree......... empty pr's........ but math says a little poop is in this bump.
easy
richie..........................
Yep. La Jolla has their claws in DNAP meat. Dutchess is next. You can trade this thing, but the general direction should be down. With 1.5 billion new shares coming, where else can price go?
easy
gcbr..............................
No. I can see and hear. You are a hoot.
btw......... I' up 40% on DNAP. How much are you down?
e
just tradin'.....................
the next msft. (LOL) although msft would place important data in any of their pr's.
e
you guys are funny eom
oh brother (LOL) eom
zip..............
This copmpany is starving for cash. They are next to broke. All the convertibles and placement share deals require them to sell as many new shares as possible to stay afloat. Reverse split is nowhere in sight for a good while. Sling dem shares!!!!!!!!!!
e
I really don't care if these pr's............
say anything or not. DNAP has repeatedly demonstrated they are bullshitters in this department. As long as they string along some new fish and get share prices up, that's what it's all about.
e
eb0783.................
No concrete facts - dates, numbers, amounts, specifics = typical otc painted air. That pr firm DNAP retained needs to do better or real news needs to surface.
easy
what i like about DNAP................
You can tell the babes you own a million shares and they think you have more money than you know what to do with................. Just kiddin'.
Reverse split seems very unlikely: Too many finance deals rely on new share distributions. If they reverse split they cannot get their finance.
easy
No realtime data, no indicators.............
just you and the math you can do on your fingers. Give up on guessin' yet, boys?
over 22 points without missing a beat............
Volume right along here.............
affords no direction. Considering the technical scenario that is probably best if long. The current series of harami's at this particular price elevation may attract a few eyes.
easy
without fail......................
signal after signal......... and realtime data is not necessary....... just the ability to add and subtract....... them boys have no clue.
daily ES inside-out....................
right so far!!!!!!!!!!!!!!!! a new setup awaits
chart per request.................
Someone asked me to put up an annotated chart for PHMF.
Be reminded this thing is otc and games come and go in volume. Conditions can change quickly as volume games erupt. I have seen a few bouts of large hands selling during the last ten days or so. New shares or someone big getting out? There are no volume patterns indicative of new shares, so for now, I'd say it is a big player getting out. ("Convincing break" is usually around 3% of price elevation)
General technical condition is bullish.
eb..............................
thanks. i knew i read 96 somewhere. and that will be private placements of new shares (at a discount of the 5ma close). gotcha!
easy
seems i read 96/4 somewhere eom
gcbr..........................
Until DNAP makes it to this level they will have to stick with convertible debenture and warrant deals of loan sharks.
e
SVSE and REV.......................
look decent, add MBTG to that list, although all experienced longer term adx turns.
retro..................
it still has the effect of shorting, it's just more covert in execution.
e
thanks eom
quick chart view...................
This particular setup is one of my discoveries that another board here on Ihub has favored enough to include as promising technical insight on the intro section of that board. It is seen here in a 60 minute chart of DNAP.
This setup is often indicative of a more prolonged trading range being underway. Other tools are necessary to manage such a position but this mathematical occurance is probably good news for longs.
Other notes include a brief retrace to the last plateau which happens to be a fib ratio. If this holds it is more good news for longs, in the near term, anyway. The only thing missing is volume. Some might argue a bull flag is forming in this recent stall.
weekly ES/NQ inside-out.............
both have afforded entry zones for longer term direction
uncxman........................
A harami at resistance on higher volume usually means change. A low volume harami is likely to be a breather. Sorta like my brother on the phone late at night. I'll look at it a little deeper later on.
easy
recent inside-out ES 60 minute has.....................
been generating great opportunities. The trouble is users need monitor a few chart durations at a time. At any rate, the scheme works pretty good.
aaaahhhhhhhhhhhhhhhhhhh...................
harami at resistance but on lower volume
e
ann........................
They hedge through convertible instruments or those designed to short positions. What was the guy to say? They not only raped my company but my wife and daughter too? These finance companies don't do this to be nice. They do it to make lots of cash. And their means are not friendly to share prices unless a miracle happens. I'd like to learn more about this ratio that keeps popping up. Do you know anything about it?
easy
doug.............................
and Dutchess is a $35,000,000 suitor of purchase? That can't be right, can it?
e <---- gonna try hit a driver i got recently
doug....................
But the last Q or K states a new venture with La Jolla is forthcoming. There were convertibles made in 2003 and 2004, and seemingly will attend more in 2005. I did not look beyond 2003.
Do you know the details of this "Dutchess" thing? I just saw how outrageous they were in other easily seen stuff and quit looking.
I'm not saying this company is a scam. I hope not. I'm an "investor" now. But desperation does not qualify any offer as what should be done. Especially when it's common knowledge what convertibles are used for in this market. I just get this picture of a bunch of guys sitting around a table who won't give up their board jobs and keep sending their shareholders down the river because they like being who and where they are.
pr's saying nothing stinks of not being able to respond to shareholder concerns or are throwing fluff to gain interest among potential buyers of shares, new distributions or otherwise.
of course, all the forementioned could be wrong and these guys really don't know shit from shinola when it comes to business.
Go DNAP!!!!!
e
doug.............
they've sold their financial soul - convertibles, 12% loans, dilution, paying debt with shares and nothing to show for it............ convertibles alone are disaster. they have a full board who must be paid and do get paid, although they are flat broke. they speak of growing square footage, blah, blah, blah, the list goes on. their financial reports are full of footnotes warning operations may cease at any moment. they openly profess no one will loan them money. their operational costs appear exuberant for the overall condition and revenue stream. instead of focusing on one or even two elements of business development they continue in multiple directions. they profess this could stop at any time too. it's just piles and piles of swinging in the dark......... like a child in a candy store.
e