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Obviously plenty of people buying now at these low prices are also flipping for a few % points stopping any momentum. Without the Chinese money this will never reach the crazy prices you are quoting, too many shares floating around as well. I still believe they have a great product but no point hyping it up until the money is in the bank. If i was the Chinese i would have looked long and hard at the dilution that took place just before my money was going to go in to the bank/company, perhaps that was part of the delay?. Every one take a chill pill be nice to your significant other this weekend and we will see what next week holds, PS lose the capitals very unnecessary.
I keep reading that this is blessing that the stock is back sub penny so we can buy more. I do not see it like that, just makes it double the work to get out again, way too many flippers and way too many shares flying around at the moment, i take a couple weeks leave and when i get back this thing has tanked i for one am not happy it got dumped from 5c to this level and i have remained silent for the last week but i have read so much BS and second guessing i feel i have to write something, fact is the Chinese deal is not closed and they are leaving it to last minute in any case, find it hard to believe they cannot get a measly 3 1/2 million together for this game changer, without that that company is probably finished, way too much debt, this dilution was done with ruthless efficiency and really hurt the share count it has been sub penny for 2 weeks now, we all know what this company could be but its just not been run in a professional manner, does not matter what contracts they have etc if the are too skint to make any units, i repeat without the finance this is looking in poor shape. Now there are far richer and far wiser men than me and i am sure they would have jumped on this if it was the golden goose. I hope i am wrong and the Chinese are jumping aboard at 10c a share, pretty sure if i was the Chinese i would be snapping this up sub penny. But when you have people supposedly being supporters of the stock but putting in bids well under the ask and happy to get it filled you know your in trouble. GLTA , we may just need it.
Been sitting on the sidelines watching this for the last few weeks, yesterday it was the best thing since sliced bread according to some and today its a turd again, consistency gentlemen, not buying the dilution argument as why wait until it climbs to .035 before dumping if it was at .0165 before, makes no sense. also the $7.5 million is in stages at the company time of choosing not the diluters so unless they are desperate for cash they will pick a better time to draw on the loan i am sure, bottom line for me is the sheer number of posts and interest in this stock. It requires some concrete news or it is a turd, perhaps the silence is golden in the long term or perhaps they are ust full of it, but this is going nowhere until its confirmed one way or the other
2 large after hours trades above closing price 360k @.044 and 342K @.042, tells you all you need to know about the action today
Thanks for the tip, funny how one red day and the usual suspects arrive back.This has lots of things in place to move forward in the the long term, obviously it can drop on lack of news and they have tried hard to drop this today but still less than 1% of float traded so no major sell off happening and it has been pretty solid considering no real news for quite some time, 4c might sound pretty good in 6 months (either way), but i will wait on news good or bad thanks
Lets cut out the pissing contests please, fact PPS is being lowered, whether shorts or MM who cares, on good news it will all go away. news on a Tuesday awesome, News on any other day awesome who cares what day just give us some news when it is something that will move it forward.
Bit more trading happening recently , looked like some pure market BS, down 20% on pennies at on point, this is going to be played with until news, i was be expecting an update on Panama as they are supposed to be shipping units there now acceptance was confirmed nearly 2 months ago. Patience is key but no news no gains.
In the end its obvious some one is selling a few shares cheaper than the ask to lower the price, call it shorting, call it manipulation, call it over selling it is all to do the same thing. DNRG will not move anywhere without some concrete news. I still think they have huge potential but their PR and general IR sucks, hence 2c a share. All this chatter for the stock shows how much interest there is in DNRG but it needs new buyers and only real news will bring that in .
yes the Finra one is more complete and i use it as needed it is also pretty old information as it is always at least 2 weeks old. i was only citing the OTC as it gives a rough idea of the day in question not the totals for the previous weeks. Its all good.Next one is available from Close of business on Wednesday for January 15th settlement date current on getting a little old.
This has everything to do with the wolverine asset 6% holding+ letter to vggl management and the shorts getting a little flustered as there were 2 million + shorted on the last count. Hopefully shorts will feel a little more heat if Wolverine kicks ass and gets some things moving forward.
More posters than buyers at the moment.
I think most people on this board are realistic and are aware DNRG need to deliver on the promises made, this is indeed reflected in the current PPS, breaking up is never easy but i think its time you let this go, so you made a mistake and lost some money, just like the rest of us at some point when stock picking, nobody but the unrealistic or overly optimistic is saying this is the best thing since sliced bread it is a speculative investment which may or may not bear fruit and at its current price i personally feel its worth holding to see if they make any progress. I have no problem with constructive criticism as a board does need to have check and balances but you are obviously hurting and that is making you very one sided in your opinions, this is not having a go or point scoring it is merely my observation. This is an OTC penny stock, they are all roller coaster rides and are always "Caveat emptor" before leaping in especially when not on the OTCBB.
Very quite today LOTT, waiting for your next vision i expect, hope its more accurate than your others
You are right in some of your earlier comments, some people have an axe to grind because they lost there shirt and are now all bitter and twisted,i see nothing wrong with healthy skepticism but some posters go way beyond this. This stock still has to do convince a lot of people, i am on the fence but at these prices happy to see which way it goes. GLTA
So much interest already today and market still not open, if it is so dodgy why do certain people care so much, perhaps they are really caring people and only want to save holders from themselves. LOL
Agreed, slow and steady wins this race. I much prefer solid PPS gain than wild mood swings up and down on the whim of day traders and shorters. When the right news comes out this will move to the next level, has been solid in this range considering no real news for a while.
Shorts stepping it up
Date VolShorted High Low Close ShortVl RegularVol
Jan 15 49.77% 0.027 0.0154 0.02659 1,177,050 2,365,168
Jan 14 46.28% 0.03 0.02545 0.02953 389,093 840,711
Jan 13 25.49% 0.0382 0.025 0.033 351,710 1,380,054
Jan 12 11.27% 0.0425 0.0361 0.0361 82,986 736,177
Jan 11 23.85% 0.0435 0.039 0.04 149,284 626,030
Oh my haven't the doomsayers and shorters been busy since Friday, a lot of posts considering markets were closed and this is a "turd" according to some. Firstly i too doubt the S1 filing is behind the current price decline, the fact 50% of Fridays shares were short certainly did. Over the last week it has traded only 5.5 million shares (3% of total shares) of which 2 million were short, and which almost 2.4 million traded Friday alone ( 50% short and 40% of weeks total) as the negativity started to work. Also the price only really started dropping wildly on Wednesday 13th onwards, anyone with level 2 can see the manipulation involved and the endless bashing on this board, agree formerly positive people seem to be turning negative as the price dives , which i guess is all apart of the strategy, pretty daft to consider selling now as its PPS is so low and any positive news will move it forward. It is time for DNRG to stand deliver i agree, lets see what the next release brings, if they do deliver something real watch the stampede back in, if the don,t then it is a turd, but at .025 i am happy to wait and see. I also have to laugh when i see people talking about trading a million shares plus and driving this down to subpenny, only 5 .5 million traded last week and plenty of those were buys when the price dropped, this traded in a range for over 2 weeks and its only from 13th onwards the price dropped off as the short interest increased and drove it down. I will say it one more time only 3 % of the company shares were traded last week , hardly a stampede out.
Pleasing week of consolidation and a solid end to the week, this will definitely lift on some filed news from China. I am also expecting an update on Panama as its been several weeks since acceptance so further orders should be forthcoming on that front,this is not even taking into account any African progress. All in all appears a lot to look forward too in the near term. Mr Jones should be a busy man GLTA
LOL MM getting creative as always 15:15 sell trade of 4102 shares for .0213, immediately followed by sell trade 4102 @ .021 coincidence, i think not, really trying hard to manipulate this down. you sell me some and i will give you them back buddy, nudge nudge wink wink. Nobody tell the SEC ha ha ha.
Its the usual lemmings scenario, how many more times will people fall for it, I am staying long , i have enough of these for me but i will be holding until news in confirmed it may tank then if the news is bad but it will be on something concrete not a shorter trying to make a few pennies , rumor and fear have been spread with the players picking up the cheapies, level 2 showed a lot of buys as soon as it tanked. Still less than $50000 traded today, hardly a landslide, 1% of the shares available pretty quiet day for most tickers volume wise. If it was 5%-10% that would be significant. Bottom line is we all are holding for the promise, Lets see what the next real release brings.
An excellent post with some very good points especially regarding future power contracts and delays at best, the QS quote was woeful and unnecessary. Likely to assist it its downward price drive. I too like you enjoy some speculative investments and will remain in the game on this one until something concrete news wise good or Bad is delivered. Biggest issue driving down price is no new investors as there is no news to draw them in. Daily volumes are tiny.
news and rumors are the major forces driving penny stock price movement. Online message boards and chatrooms play a significant part, and press releases have the potential to cause large price swings. Traditional charting methods just don't work.
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On about $10k, big wow, we all know this is the game its poker time.
My final post for today, there just seems to be an awful lot of interest in this stock, Just look at the number of posters in comparison to other OTCs. Very strange to have so many interested parties on both sides if it is such a "dodgy scam". Also i have no problem with reasoned argument debate whatever side you are on, i am not chastising you if i offer a counter to your post this is the basis for having theses boards. One thing i do detest is posters like LOTT who have nothing to offer by way of insight, opinion, even wit just pure banal drivel. $3000 traded so far today hardly a run for the hills.
We all have an angle, yours is in the negative my is in the positive, but at the prices we are talking about i will not be losing sleep obviously they needed finance in the short term, the 1.2 billion has never been confirmed and would be in stages be over the much long term in any case, not much good to them if they cannot pay the bills short term, pretty sure they are not the first OTC company to take unfavorable short term finance even if it still values them at $75 million which is considerably higher than its current $7 million, even a toxic financier needs to get their money back and pretty sure they wont be dumping shares at this price. As always time will tell, if i am right big up, if you are right some you win some you lose,i have done enough DD to know at 3c this is a reasonable play with a decent upside.
I love posts from people telling me how terrible it all is, its a penny stock , not for putting the kids college fund in but for being a speculative investment, this is being played, of course it goes down on no news, all penny's do. the earlier price spikes where on news and not sustainable as they were not concrete, like you said fluffy. this needs solid news and some confirmation and it will move , as for your 10% for $7 1/2 million even that values the company at $75 million or over 30c a share. This is without news
How many were sold at that price, a few $ worth thats all and i mean a few. More like it was a sideways move by the players. It all happened over a few minutes after the QS post and ended up back where it started,
As we all know if insiders sell they have to file, not sure they would wait for it to sink this low before offloading do you?. The current sentiment in the market as a whole is perfect for shorters, MMs, hedgers and general mischief makers. Most are holding as the volumes tell you, why would you sell now? as i have stated before i would wait on news, good or bad and the market will correct itself, at the moment its pure manipulation and not true trading. No fresh buyers, only news will bring these in.Without these 2 price will be manipulated down simple.
That is what they want to do by playing this game, i have seen this so many times, it nosedived 20% this afternoon on a paltry volume, one minute there is a line of 10 buyers at .031 and then all of a sudden they are all at .025, this is not retail trading it is computer bashing, once the few trades they could do dried up it came back and the spread was 30% between bid and ask. Expect more of the same to weaken your will, today seemed a little desperate and obvious on their part, perhaps they know there are not many actual sellers and are keen to try and get something before the end of the "quiet period". As for the QS PR this afternoon it was bland and nondescript because of this "quiet period" so nothing of any meaning good or bad can be released.
LOL, good luck trying to get filled, huge queue to buy, volume less than a million traded, purely a game, when i see decent volume i may have to reconsider. But plenty of longs waiting it out hence low volume, less than $40000 traded, sell off don,t think so.
Agreed, this is driven by MM computer algorithms, if you put in a bid close to the ask it will change as the computer adjusts, remove it and it will return to normal, i have tried and witnessed this several times on this and other pennys.
Seems like quite few are viewing quiet period as a negative. I personally do not mind waiting if the news turns out to be substantial, the drifting backwards is certainly spooking lots of people but the volumes are tiny in the real world, not too many buyers at the moment as most have their fill and are in waiting mode, meaning the price can be manipulated down on these small volumes. There has only been 2 days since November 20th with over 2 million shares traded and that was not much over at that, the weak will fall away, playing in to their hands of the people buying up at these prices and giving LOTT an excuse to spout more of his drivel.Look at it logically at its current price would you not kick yourself if after the quiet period something pretty tasty was not only announced but confirmed, no one is getting rich selling at this price. I am holding firm, you make your call good luck you whatever way you go.
volume too low to make a meaningful judgement. MM can do as they please no buying pressure as people waiting on news less than $20k traded
I am with you on this one, i think they are still holding to get proper rich.
Ok , deep breath everybody. Can we stop having crazy price predictions on one side and doom and gloom sub penny on the other. Lets look at what DNRG is, it is a development stage enterprise currently trading at 4c on a pretty low daily average with potential to move a lot higher.It has had a few day trading spikes on much larger volumes which have given people unrealistic expectations of huge spikes every few weeks on great news. fact is it has been quiet for a while, a lot longer than most people would like. Could mean when news comes it could be massive and move it forward longer term, could be more BS fluff to keep people quiet and it will spike for a day or 2 and straight back down. Could be terminal and it crashes and burns. All depends on your angle how you want to look at it, and we all have one don,t we. Whilst this has drifted back, the last month it has been pretty much in this range between 4c and 5c, volumes are weak, its poker time boys hold or fold. At its current price i am willing to hold for news. As for claims it was a massive sell off by insiders in June, i am sure they did sell some but they are still holding an awful lot they did not get rid of, and even now 4c is a lot higher than it traded pre June so i am sure they would still be selling off plenty if that was the case. Most of the trades were likely the usual day trading firms and toxic finance holders pumping it up and then dropping it like a hot potato on to the great unwashed. GLTA whatever your angle
Oh so right, that is the truth. By the time most people find out the real play has already been made
You are right the volume is too low to be a realistic sell off and i saw the .0032 bid and solid .0038 ask earlier with just some lone muppet asking 10k@.0032. This may be bottom but i seriously doubt it will move above .004 until solid news and the skull is removed, been a while now and who would buy with that still in place
Whilst the release is welcome it is still not meaty enough to move this forward, there is very little of real substance merely a few steps that bring it closer and i think it was released just to keep people quiet for a while, it will need real confirmations and of course the financials to be straightened out before this really moves. I still firmly believe this will be very successful if all that has been promised is delivered but this is too fluffy to make it fly.