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Reduced my position to 40% of what I had formerly. I think I'm to the point where I'm moving on. Some will be glad, and that's fine. When I sold today, I felt like a huge weight lifted off my back.
I'll always keep a little stock in DPBM just for old time's sake, if for anything else. Probably, I will also continue to follow the CCs and definitely the blog (this place is a riot). It's a fun stock due to the treasure hunting aspect. In fact, I have to admit that I've had a lot of fun learning the details about stocks the past 6-7 months that I've closely followed DPBM. Lost quite a nice chunk of money, but I learned many valuable lessons. Most of all, I discovered iHUB. This place is incredible.
Bottom line is that it's time for me to make my money back. :) Just feel like I can do that quicker elsewhere...
Good luck to all! I hope the stockholders of DPBM especially do find all their hopes and dreams. :)
I see now. It's posted on pinksheets.com. Perfect. Thanks, gotta! :)
Hey, yardboy. Do you know how to locate the Transfer Agent? I'd like to call and verify everything myself just to be sure about the structure.
Very interesting... about stock chat boards: http://investorshub.advfn.com/boards/read_msg.asp?message_id=15686855
Particularly the blurbs about the Plebes/Bashers/Sycophants/Stink-Bombers/Enforcer.
Anyone know anything about VSTR restricted shares? Looks like this stock started trading around July of last year (first signs of real volume in September). Any likelihood that we're coming up on any 1 year restrictions about to be released?
Wondering if the merger is happening in late August/September for a reason...
VSTR. 4 million float w/ reverse merger in <1-2 months.
I've got that one in my watch list. Right now, my new lotto ticket is VSTR. 4 million float with possible reverse merger in <1 month. Company has a yield sign too on pinksheets.com (as opposed to the stop sign or crossbones)... it definitely appears to be a legitimate company. I LIKE.
4 million float AND a reverse merger as opposed to 150 million+ float is almost a no brainer for me. I ALMOST sold everything today (DPBM). I actually had the order out and canceled it after about 15-20 minutes.
Depending on Wilf's performance in Monday's CC. I'm in or out. If he says something to reel me in, I'll be around another week. Otherwise, I'm selling everything but a paltry 50K. Regardless, I need to free up some cash to try and make back my money (found a nice prospect). Lost too much on this one... that cursed deep wreck schooled me. I never expected those guys to pull a fast one. I WILL NEVER, EVER, EVER-EVER-EVER again rely on the "inside" track. Oh well, you live and learn. So is life.
You still seeing that same account dumping? I'm curious if they are out of shares or if they have enough for consecutive days. Consecutive days means a higher chance of the company selling rather than some disgruntled shareholder.
I'll be very impressed if they do that. I'm not being sarcastic either. In my opinion, if they decide to display their numbers, I will feel much better putting money into the company since I will have a better idea of where it goes.
All restricted stock is locked until Feb. of next year. Wilf mentioned that on a CC. I think he said his is the first to open up too... but I can't recall.
This is a new thing that pinksheets.com is trying to put out to protect small investors. Most companies have a stop sign. I saw some stats yesterday regarding how many companies has the stop sign/yield sign, etc... I'll see if I can track them down again. What I remember is probably 60-70% have the stop sign (but I wouldn't quote me on that in case my memory is foggy).
A lot have stop signs. Heh... doesn't stop me. :) However, I would like to see Wilf post the new info.
Thanks, Taz, for posting! This clears up a lot. Hope you find happiness in your new jobs. :) We certainly appreciated everything you did for DPBM, even though it may not have always seemed that way.
squidster, a few are strongly fighting to destroy Ed's credibility. If Ed's credibility is maintained/destroyed, it definitely affects many's perspectives on this stock. Therefore, these "personal" issues, unfortunately, are pertinent.
Based on the new rating system on picksheets.com, DPBM has a STOP sign. I guess there are 4 levels. Cross and bones, stop sign, yield sign, and current.
3 million on volume, and we're back at 0.01. WOW. Just like old times... I wonder if Wilf really did just say that he planned to stop selling just for that last week in July. I thought he said the selling stops completely... maybe I misunderstood him. Anyone else remember?
One of those nibbles was me. :)
I tried earlier... just got shot back down again. Somebody is dumping their shares, methinks.
Bravo, brezzlin. Appreciate the perspective. I agree wholehearedly. He chooses who to lift up and who to lower.
Right there with ya.
So, the real question on my mind now is whether anyone will end up selling due to this latest revelation.
Picasso mentioned the flights, but he does not think Wilf is a crook. To me, that could mean, whatever Wilf did in the past, he may be trying to fix it (or has already). I definitely don't want to fool myself, however. Wilf has a golden tongue.
Hmm... wish I knew whether news would hit from the DR in the next week or so... that's about the only thing keeping my teeth sunk into this stock right now.
Hmmm... this is what I seemed to pick up from the posts over the past few days. The deep divers were trying to scam us, and Wilf figured it out... or at least was smart enough to prevent them from doing so. On top of that, it gave the investors something to rally around and likely produced sales. If Wilf knew that from the beginning, I'd say we definitely have one smart cookie on our side. Either that, or he's just lucky (or I over analyze everything... <-- likely this).
I became skeptical when they claimed they had silver bars. Due to the circumstances, however, it seems we'll never know. Might be better that way...
FWIW
Thanks for the clarification on the lawyer. :) I've been patiently awaiting that one. Fortunately, it's not as bad as I thought. The news isn't what I wanted to hear... but it could have definitely been worse. When something is in the dark, you always expect the worst.
Hopefully, there is an explanation to the flights. There must be, or Wilf wouldn't have been dumb enough to put them on paper. Perhaps, this is why we have so much "family" working for us now. It was the only way out of that mess.
In at 0.03 today, fortunately... couldn't get in at 0.02 (been watching for a few days now). Might buy more tomorrow depending on the opening. Only way I could get anything was to "smack that ask." LOL
Curious to see how this unfolds... GLTA.
Well put, brezzlin.
Whatever will happen next? :)
Pink E: You out there? Any thoughts? This gets crazier by the day. Makes my weekends boring by comparison... heh...
Good to see you back and posting, capted! :)
For some of the others:
I agree that iHub is for real pro/con discussion. If you want to solely pump the stock, go back to the DPBM blog. On the other hand, if you want to try and discuss the latest points of view about our investment, please do not hesitate. capted often spurs new, interesting topics. In my opinion, iHub makes the stock market like a modern "type" of the wild west. I LIKE IT. :)
Some thoughts:
Is "Capt." Joe another of Wilf's relatives/friends? How and why did he get hired in the first place? If most want him ousted, it seems he must have some kind of a hold on the old man... curious.
I am glad to hear that Randy stuck up for his work, however, even if he wants him out. That seems odd. Hmm... interesting issue, this "Capt." Joe.
capted, the former operations manager, said the boats were in another company's name.
BRHI looks very interesting... hmm... thanks for the post.
There appear to be a few good shell plays right now around... probably see more sooner investigating them than waiting for this to become a shell (IF it ever becomes a shell).
What did your nephew have to say about the convention? Good things? Did he say anything particular about DPBM and their presence? I have no idea what Randy is like in person. Hopefully, he is a charismatic fellow.
This company's stock spiked last fall. I agree that we will likely see another similar situation in the coming months. I'm definitely watching as I intend to sell most of what I have at that time. Fortunately, this stock has been very good to me over the past year. :) However, I do not understand its long-term potential and do not intend to hold. Some of the previous statements made here though seem to incline that there is definite strong growth in the near-term and long term. Any fresh thoughts on this (since the last post was in May)?
Chewybac, from MAXJDA's post a while back:
CC PLAY BACK
712-432-3903
CC#
2152034
0#
I actually meant to publicly reply to this:
I agree. I'd like to know if the title is in DPBM's name or if we are "renting" them. capted is the one that posted this originally. You may be able to locate his post from a few days ago and a few weeks back. However, the gist is that we supposedly have 4 trucks and a tractor trailer purchased for the company. For what, nobody knows (even capted).
This walks a fine line with me, and I'm not really sure how to take the boats being in Wilf's primary company... then again, I am confident that Mike knows what he is talking about. Mike (Piazza) talks to Wilf frequently, and he seems to be fairly intelligent. Therefore, if he is still in the game despite these circumstances, I feel the need to stay in for a little while longer in the least.
I missed the CC today... had to catch the playback. I wanted to ask about Tammy and Taz, but it will just have to wait (or never be asked). The questions about the divers satisfied my curiosity enough. I'm very glad to hear that we have 4 people still diving in the Keys (since Joe is working on the Deep Scan). For some reason, I was under the impression those sites were going relatively dormant. Also, we still have one deep diver, and it sounds like Wilf worked out a fairly solid plan for the quick-hire of other deep divers when needed. I'm glad to hear also that the archaeologist thinks that the extension on the deep water wreck could happen any day. The fact that Wilf cut costs despite this possibility calms my nerves and seems to prove that he is running a tight ship.
I don't really know what to think about 4 trucks on the payroll. The only thing that makes sense to me is that this is cheaper than rental cars. With the company flying around all the time, it does somewhat make sense to purchase vehicles to avoid $300+ rental fees a week. 5 year payments on a 20K vehicle are much less than renting a vehicle for 2-3 weeks.
Very anxious to see what the DR brings in the next two weeks... it sounded on the call as if we would be able to see photographs/video of artifacts within a week or two. This is MUCH better than having to wait for a couple of months for the DR government to catalog everything.
Believe whatever you want. It doesn't matter. :)
Sure, you are right. You are always right. You know what... you are SOOOOoooo correct every time you speak, it scares us all. If that's what you want to hear, fine. Just go away.
Agreed.
If anyone thinks we should avoid a balanced view at the stock, then go somewhere else (I reserve my positive only comments for the DPBM blog). I will certainly do my best (which is nothing to brag about in this case, that's for sure) to continue to look at this with a balanced approach.
I agree there are good things that are possible. I'm not saying that it's impossible for this company to make a profit.
However, the fact that two of our BEST divers just quit really concerns me. Those divers (Tammy and Taz) were the individuals working the Key West sites, and they've been there for a while. Losing them and their knowledge is not something to be happy about. On top of that, their supposed reasons for leaving is very concerning.
I agree that the Expo is good for us. It will bring in investors, surely. Also, I agree the DR prospect is enticing. I can't wait to see how it develops. Seeing the Scipion emerge from the blowers in all its glory will truly be fascinating... and will hopefully bring in a few investors.
On the other hand, I'm very concerned about the cash position of our company. The only reason we aren't selling stock right now is because the CEO is putting his own money into the company. That can be a good sign, of course, since he is so willing to sacrifice for our company. Then again, it is also a bad sign that we have to rely on him to float everything right now.
If you ignore the bad, you are a fool (and I really question your motives as you are likely just on a last ditch effort to raise the stock). However, if you ignore the good possibilites, you are truly unable to weigh this gamble carefully.
I'll keep my honest opinions to myself. I decided to do that a few weeks ago. No one truly listens to each other anyway (there are only a very few individuals on here that I even pay any mind). We will all believe our own illusion (whatever that may be... even if it is very close to reality). It's every man/woman for himself/herself as far as I'm concerned, and that's been my impression for a recent while now.
All I can say really is... good luck. We all need it.
LOL. Nice one, Dutch.
Heh... that's right. I sold and bought back in low. At this point, I'm down <50% whereas when you showed up last I was down ~70% or more.
Dude, you seriously make me laugh. Keep it up. You're a riot.
Oh yeah, I also bought more stock than I had previously. :)