Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I don't know how low it will go, but I do know it won't stay down forever. It's 2014. Does anyone really think $40-$70 a barrel is realistic for more than 6 months? I'd say $40 is a damn good entry point.
I agree. I'll continue to buy up to $4
There will be so many who look back and kick themselves for not buying in on oil.
A buy out is very possible. It's a shame the 1st g2 launch didn't go well. With prices at 2.80's they could have been bought out at $10 per share.
SD is priced way too low. Anyone thinking .50 is out of their mind. This thing will be back up in the 4's by end of year.
I think we'll see this creep up by the end of the month, but I agree the HUGE jump probably won't come until the Spring. I think they have a good idea of how they want this to go. I don't think they want to announce a contract when the stock is this low. They'll start priming investors and try to move the stock price up before they make a big announcement.
"What that says is I have confidence that our cash flow from Clipstream is coming early in the New Year."
Wow. If this is the case than this will be big. To have cash flow you have to have contracts. The fact that the didn't PR the new MPE hire makes me think they are trying to keep this down. Perhaps until the 6 month freeze expires and they can buy back in at a low pps?
Very true. While it's tough to not have the weekly pat on the back for investors, it's probably best long term to not release news until it's set in stone.
I think value is a reason to buy. We know this isn't going to stay in the .40's-.50's forever. The day to buy is the day before news comes out, not after. The problem is, we have no clue when that will be.
I think a lot of people have tried to ride the waves with this. Buy when it's down and take a quick profit when the stock goes up 5-10%. It will be a lot harder to do that this year as people will be afraid they'll miss out on the big spike. The longs will return. Large investors will come once it gets back up to $1.
These are the exact types of investors who sold to take the tax loss.
Remember this checklist from Htfbs? I think they all still apply to DSNY.
Does the company have disruptive or breakthrough technology?
Does the technology solve a problem?
Is the technology proprietary?
Is the industry or space for this technology over $1B?
Does the product/service impact the consumer, enterprise or both?
Is adoption expected to occur within 1-2 years?
Does the company have a clean share structure and the ability to raise money?
Is there a recurring revenue business model?
Is the company’s valuation less than $100M (or near it)?
Has the company been listed on Pumps and Dumps?
I'm in your situation too. I go back and forth between frustrated about the share price and excited about the lowering my price per share. While I still believe in the technology, you are right. It's time to start seeing some results, even if they are small. I believe the new hires are HUGE because they'll allow Steve to focus more on the product itself. That's his strength, not selling or pitching investors.
There are so many game changers when it comes to Clipstream that if/when they start receiving contracts, this thing will really take off. There is the playerless video capabilities, the advertising, the digital security aspect, and the interactive video potential. But you are right, it's to start seeing it.
2014 the stock had everything going against it. Delayed Clipstream launch combined with insider stock purchasing freeze combined with the retail investors selling for tax purposes took this thing way below where it should be. I expect 2015 to be much better and honestly I think we'll start seeing the momentum today.
Love the volume. Looks like I'm not the only one who expects the New Years to bring a bounce.
How often do they make insider purchases public?
Exactly! Which proves the overreaction to the Clipstream delay has been over the top. It's to be expected with stock's with low price per shares, but too many felt the panic. Like someone else said, the fact that many took the loss for the tax purposes probably compounded the dip, but I can't complain. I've been able to lower my average price per share.
Here's to 2015 being the year for DSNY!
Amen. This is spot on and exactly where we are at right now with Dsny.
I cannot wait to see what happens in 2015! It's funny, leading up to the original clip stream launch the stock soared, and now that they are ready to go for real with he kinks worked out we're scooping up the stock for next to nothing. When this thing pops it's going to be a quick dramatic increase. This is way too undervalued to pass up. Longs will be rewarded in 2015.
I totally agree. While I hate to see the stock where it is, I understand why those without patience jumped ship. Despite the clipstream delay, I have never felt better about buying the stock. This is a can't miss price.
I'm sure this has already been discussed, but has anyone else noticed the trend with the quarterly revenue? For the past several years Q1 revenue goes up, Q2 revenue goes down, Q3 goes up, and Q4 goes down. It happens EVERY time. At least we know we'll be seeing an increase in revenue for Q1. Not sure how anyone can justify selling at this price.
Early spring if I remember correctly.
I agree. I'm not mad because I know there is no news to support an increase. I'd be upset if there were contracts being announced and the price remaining stagnant, but that's not the case.
They are coming, and when they do this thing will be rockin and rollin.
Atleast it's something someone wants to take over....
If you look at the stock price and ignore the facts, it's easy to get down in this stock. But if you consider the big picture AT ALL, it's hard not to be extremely bullish about DSNY.
I can't help but look back at this....
http://www.globalsec.com/market_news/research/capitalmarket/Destiny_media_08272013.pdf
Even without clip stream, this should be over $1.20
People have overreacted to the clip stream delay, here's to hoping they overreact at he first contract.
lol we'll remember this 6 months from now.
Any predictions on the CC later today?
I think this is about to turn the corner. The potential alone should have this stock at $1.50.
Yes, but you have to have the product available for developers to use it. Developers don't dictate stock movement, sales do. Once it's 100% ready to go, we'll have an idea how disruptive this can be. I don't doubt that if it can do what they say that it will be VERY disruptive.
You can make arguments that the launch of Clipstream was initially bothched, but to say it's a bad solution or that the problem doesn't exist is crazy. Tough to take you seriously when you say the problem doesn't exist.
If that's the case, it will be VERY significant. I don't think Q4 has beat Q3 ever.
Because an announcement indicating exactly how quickly the contracts could come could be any day. This won't be a steady increase. One day it will be .50-.85 and the next it could double or triple with an announcement. After that we'll continue to see steady increases. I want to be in when the big jump occurs.
A reason to add? The value.
After the original launch of Clipstream, (which never got off the launch pad) we knew there would be a setback. Six months after launch we'll see a contract. I think some speculated the big hire was the official launch, but I think it was probably about a month later. If we hear of contracts within the next three months I'll be surprised, but they will come eventually.
We've seen the bottom. Looks like DSNY is getting off the mat.
The current stock price is basically the value of Destiny Media without Clipstream. After the failed launch, the potential is no longer being seen in the stock price. If there was 0% possibility of Clipstream working, then $0.50 would be an accurate price per share. However, if Clipstream doesn't completely flop, we'll look back and realize this was way undervalued.
While it's not good to over promise and under deliver, the complete 360 in communication strategy has been the driving force of this seeing such a dramatic fall. Even the biggest believers want a little pat on the back every once and a while.
I'd compare the confidence situation with DSNY to the situation with Johnny Manziel and the Cleveland Browns. When he came out of college Johnny Manziel was Johnny football and had the swagger. Browns fans loved it. Highest selling jerseys ever for a rookie. But when he didn't earn the starting job right away people started having their doubts. Seeing Johnny giving the money sign instills more confidence in his ability than seeing him holding a clipboard even though he's the same player.
So Steve, get out the champagne, start rolling up some bills in the bathroom, and let's get this thing back up to $1.20's before the contract announcements come.
This is exactly how I feel. I'm not worried. If this goes deep into next year, then I'll start worrying. I think we'll see it creep up even before we hear the announcement.
At .50 I'm extremely bullish. Take out all of the potential (I know that's a dangerous word but still) of Clipstream. PlayMPE isn't going anywhere. We all assumed it would fade, but it's growing.
Clipstream is going to launch, it will begin to bring in revenue, and will have a chance to explode. I attribute the decline in the stock price to the complete 180 degree turn the company took with it's messaging. They were hot and heavy pumping it up, and now have gone with a more conservative approach where they seem to want to under promise and over deliver.
I know some who want to dump their stock would like DSNY to start hyping itself a bit more, but those of us who are in long term might benefit more from this approach.
Inconsistency leads to panic. That's what we've seen here.
That would make sense for announcements based on the timeline we've seen.
It's been an awfully long time since we've heard anything from this stock. This could be really good, or really bad.
Thankfully it looks like we've hit the bottom. I just hope we creep back over a $1 before contract deals are announced.
Hang on boys and girls. It's about to get fun.
I purchased more today as well. Loving life right now.
WOW! Just checked in on this. Excited to double up. I still feel $1.00 is a steal, tomorrow I'm loading up.
If you don't have the stomach get out today. I'll be ready and waiting.... How long until one of those Penny Stock sites gets in on this though? My only fear is that they'll jump in- have it rocket up- and eventually cause more instability. If you are a 1-3 month buy stay out. Longs keep scooping them up while you can.
Let's be honest. When they brought in the new hire we all knew it would take some time to rack up some sales. What has changed from then to now to justify a decline? We all knew it would take time. The company has said these deals take up to 6 months to finalize.
Seems as if a lot of people have just been holding out for news that was never going to come during the time frame they expected. This stock has been frustrating at times but right now I'm not even angry. Time to load up.
There is no doubt in my mind that one year from now we'll be laughing at all the shortsighted individuals who sold. We criticized the company for holding our hand and now that they've finally started to hold out until real news comes we freak out.