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Re investigation: This all sounds like a set-up to show just how bad WAMU was acting and how noble and good that it was seized and carted away in pieces. I do not think the investigation findings will help us in any way. To the contrary.
Just what assets does WAMUQ still have?
How did you buy them? What broker?
The problem is that these central banking types will talk about impending "bold measures" but not actually follow through.
Yes, the financials have answered my query of last week as to the stock price. No wonder we are so low! I'm sorry I got into this one.
I saw it too. Probably a scammer.
Thank you.
Why_meil: That is the best post I have heard on any board. Everyone on these chat boards: Read it and heed it. My problem is just that I let my emotions run and am not sufficiently disciplined. Otherwise, I follow your strategy and it works. The difference is that I do this while reclining, wearing my bra and thong.
Brikk, your comments are valid and I appreciate a lot of your posts. What I have heard is that: Gulf of Mexico drilling is going great guns; Ike caused a lot of damage that puts DPDW in a good position for lots of work; DPDW has reduced a big chunk of debt; DPDW has lots of business already on the books; the price of oil seems to be stabilizing around $100, give or take a bit; the offshore drilling restrictions are likely to be lifted. DPDW is in better shape than it was when trading was over $1. Taking all those things into account, even if still in the negotiating stage, I would think the market would value us a lot higher. I know that the market can be irrational, of course. But am I missing something else here?
You're right. These ongoing rumors are probably being fed by WM's potential buyers just to knock it down. Fishman and the WM team know it's BS. There is no need to sell WM off until they get the right price - which has to be at least book.
Mistaice: I'm with you on that one. PMCL was likely a scam from the get-go. A good training experience in penny-land because I did not lose very much. But I'll keep the shares just to see what happens. Maybe I should get some actual share certificates to put on the wall, just as a reminder.
So why oh why is this stock trading where it is? This should be well over $2 a share by now.
Well, I am going to hang on to the end just to see what's going to happen. Maybe they are having difficulty perfecting service on some of these bums, to support a final order. But if Pharm Control is showing up, our attorneys should stop agreeing to an extension and move to set a firm hearing, and dismissal of the claims against it.
So, do we have access to the submissions, and find out what they're saying?
There is no reason that the recent decline in oil pricing would reasonably impact DPDW's bottom line, but the market may see it that way. Lots of emotion will hit a stock, fundamentals regardless.
When are the 2nd quarter earnings reported?
I am in this sucker until the end; I won't be out much. But I am getting the feeling that PMCL really is a scam. Has anyone ever actually seen one of their products?
Yeah, I think it was the TKO board (I made a bit of money on TKO, then lost more). Pinkie land is so sleazy, really. But it has a place for "foolin' around" money.
Interesting, Philly. Actually,I heard about the stock on a board from YOU, talking about the PMCL news that they were going to be issuing stock after a split that was going to go for .25 Euro. But that was the news at the time, I don't hold it against you.
I suspected this. On September 9 there will likely be another extension
Yeah, we can hope. What will probably happen is an announcement that the proceedings are continued for another six months.
Well, MY (real) name is not on that list!
Maybe somebody knows something good! But where can you buy this, anyway?
I'm holding my pittance of shares too.
Yeah!
I am inclined to think that it will be continued yet again. But who knows? PMCL's law firm knows - should contact them. But I am somewhat concerned about control24 through an organization called Yevgen Konarev. ???? That name sounds like very bad news for us share (aka "bag") holders.
Has anyone contacted the law firm and asked for general info on what is going on?
I am staying in too, with my measly little 14,000 shares. Bought at 3.5 cents and ... nothing much to lose, so I will check in from time to time. I am just waiting for June and the next OSC postponement.
Okay. Money40 and COLLECT: You guys do that and I will support your efforts to make turn this company around. I might even buy some more shares (from you), to help out financially. Go to it!!
Gee, Philly, I finally decided to take a look at the web site - and it is whacko!!!! "My corpulently swollen . . ." They should hire me to do some copy editing! That might get the stock up a bit.
I'm with you, Philly. I am just going to wait until this all settles out, no matter how long it takes - I do not have enough money in this to worry about, even if PMCL eventually evaporates. But their law firm, or someone at OSC, should tell us just what the current status is, and exactly what the problem is from the PMCL side. I assume that would be public information.
Every week there are hundreds of firms, investors, tinkerers and dreamers who seek out Wal-Mart as a customer. To PMCL's credit, they got through the initial vetting process. But if nothing has happened by now, Wal-Mart has likely told PMCL to take a hike.
Yeah, I got the same Eric Dany report and am checking in to see if there is anything to this. Pennies usually end up dumping on me, but who knows. Maybe this one will go somewhere. I'm not in yet.
We can do this if it is allowed by the bylaws.
These delays are set to allow the parties to do their investgations, etc. etc. This matter will go on and on for a long time
Well, MLK, your call seems to have been right, to date. You earlier said that you would get in around 1.20 as I recall. If so, what is your sell target after that?
Well, the market didn't seem to think this was such a big deal.
I agree with you that it doesn't make a substantial whit of difference any more. What is of interest is - who bought them?
Right! And it was over $3 just a little before that!
I have 14,000 shares.