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What a crock, I just tried to sell some of my shares at 22 and for what ever reason the company has not reissued the shares under the new symbol yet.
Talk about bs.
As to possible reasons for dilution:
http://biz.yahoo.com/e/110621/dtro.pk8-k.html
might just have needed some cash for the new board member.
Nothing but a guess.
but that has nothing to do with what you claimed earlier.
What does an individuals strategy have to do with whether or not the mm's have conspired together to effect the price of a pink like DTRO?
As for my own feelings so far, lost a little gained a little. Overall I am even. If Dtro would hold at .0011 I would be up.
As I said earlier I find the odds in this gambling arena to be far better than those in a casino, which favors the house.
Stocks if one does their homework are neutral, and is far more dependent on the company one is betting on IMO and current experince.
I just get tired of reading all the bs blaming everything on some conspirital group of mm's who are supposedly manipulating the market. I would love to see some evidence to support this theroy.
As this all relates to DTRO since I find the whole conspiracy theory to be flawed I am left with one of two choices; either people bought news for flipping and were disappointed within an hour of trading and decided to bail for a small loss, or someone within the company is looking for quick cash.
I am of the opinion it is someone with in the company for whatever reason keeping the pps down.
I am actually fairly new to trading stocks. Figured it is no riskier than gambling at a casino and the odds were better so I though I would give it a try instead of trusting someone else to invest my cash again.
That being said I am a quick study.
I do question the implied conspiracy you elude to which suggests that the mm's actually give a damn one way or another about what a stock does..... granted I could just be ignorant in that regard, but I find that pretty hard to believe.
I could see it with stocks like Boeing, Ford, IBM, etc, but considering what exactly we are trading in here I find the idea that big time traders give a rats patooee about what happens with the pps of pinks, there is just too damn many of them out there for the mms to care one way or another IMO.
Unless of course you have some evidence to the contrary to support your conspiracy ideas.
define temporary.
.0008 has been the bottom for around 2 months now, granted it's not .0006, but many on this forum have been saying similar things since I found this forum.
I am just as impressed with the potential of DTRO as anyone here which is why I bought shares before I found IHUB, but this bouncing along the bottom is nothing new in my opinion, especially when one looks at the history of the stock.
Prior to the drop on Tuesday I though we had finally found a higher bottom around .001 then right back down to 8.
Someone is manipulating the price for whatever reason, considering the pr 2 weeks ago about a 300%+ gain in revenue one would think the pps would rise a little bit and settle about .002. However that does not seem to be the case.
So through the process of elimination one can only logically conclude that for what ever reason someone within the company is selling shares for quick cash flow.
Most people just don't buy stocks to sell at a loss.
So if you could define temporary I would greatly appreciate it.
All good points.
Bottom line though is if someone in the company had 60 million shares which they received at a value of .0001 and sold them today at .0009 they took in 54,000 dollars.
You are going on the assumption somoeone shorted the stock 60 mil, I guess that is possible, find it rather odd that would be the case since the stock has really traded much below 0008 since late April. Anyone could have done a quick read of the chart over the last couple months and seen it was improbable that the stock price was going to go much lower than where it has been sitting.
Also since late April the float has traded at least twice so it is highly improbable there are many holders of common stock sitting out there who made much of a profit selling at an average price of .0009
So if it was not somoeone within the company, and it is highly improbable that someone bet 54,000 dollars that the price would drop below the 9's by shorting 60 million shares, then the only other answer is people got tired of sitting on their shares and sold to break even or at a loss.
I am guessing it was someone or someones within the company who had shares valued orginally at .0001 or so and wanted some cash and were sick of waiting for the stock to go higher.
Sure I could be wrong but I think that has a much higher probablity than someone betting 54k that the price was going to go low enough to make it worthy.
You are entitled to your beliefs in the matter though.
despite Deltron being a company that actually makes something it is still in the pinks for a reason. It is a small company with potential but a limited cash flow despite the jump in revenue.
So far the rebreather is nothing but a drain of resources and if the company doesn't start selling them soon it will continue to be a drain on the bottom line.
I will admit I am new to the stock markter arena, but to imply companies that trade in the otc don't dilute stock shares to generate some quick cash is rather amusing. You sound like we are holding shares in IBM or Boeing.
Reality check here, despite the potiential this company has to go somewhere big, we as a nation are in the middle of a deep recession, one in which not many consumers will be dropping a few grand on a new piece of scuba equipment for a few extra minuites of bottom time.
This thing could go out of business just as quickly as it could explode, and it's crazy not to recognize that reality, not to mention the possibility that someone within the company dumped a butt load of shares today to generate some cash flow.
I too would love to see this company succede, and I am extremely hopeful the rebreather tech proves viable and they are able to obtain a navy contract with both the teams and divers since right now other than the oil industry that is the only entity that is going to be able to put in an order big enough to make a real difference in the viability of this company. IMO
However, I am not going to pretend the other foot can't drop and make what I am holding worth even less than it is right now.
I don't disagree, after seeing the news last night I thought today would be a good day, can't believe we didn't go up.
I hope that last nights ppr was not the BIG news we have supposedly been waitng for.
On the other hand I looked at the l2 for the day and at least 3 9 million blocks sold in one purchase, so someone is interested in acquiring millions of shares all of a sudden.
Wow, a little more that a 1/6 the float traded in one day and the pps went down, unbelievable.
Guess the company needed some cash, what a joke.
It might be wishful thinking on my part, but it almost looks like we have reached a new low.
Well, considering the sell volumn was more than twice the buy volumn I would say we ended okay..... could have been much worse I think.
only problem I see with that is I don't think it will go that low, unless people just start panic selling it should settle about 9..... just mo.
could be worse, we could be back at 0008 again. If something doesn't come out soon we probably will be again by Friday.
I don't think we will go much lower than that, actually .0009 is where I think it will bottom out, the only positive thing I am getting out of this latest bump up is the number of shares that traded means unless someone is willing to take big losses the bottom will rise above .0008 when it hits.
they need to come out with something. Supposedly we have been expecting big news for over a month now..... at least according to those who have been in contact with the IR dept.
They need to get off their duffs and put up.
I have been reading that since I found IHUB. I hope you are right, the question is when? Is it next yr, in the next 5 yrs, next week, next month, tomorrow?
It all sounds good, but dreams, wishes and wants, don't add up to anything.
Heck I would love to see this go to 10 dollars a share, but what I want and what is happening today just don't add up.
yes and no.
If the SEaL's decide this is viable then it won't be effected by budget cuts, spec ops has always gotten what they deemed necessary for their missions.
Which is why of all the choices I see that is the most likily canidate IMO.
and???
I am too, but I am realistic about what I see, not what I want to see.
I don't disagree.
Yet, here we sit with the pps declining instead of climbing. It is rather frustrating to keep reading from people that supposedly have been in close contact with the company that news will be any day, and still no news.
You can repost old pr's until you are blue in the face, it doesn't make current events change. And all the pr from the website you copy and pasted is at this point is wishful thinking, until someone signs on the dotted line.
Yes I know where it's from.
Don't get me wrong, I am hopeful this takes off, I have been slowly increasing my position in this stock because of the potential I see. However, I am also realistic about what is and is not likily to happen especially considering the economic realities our country is currently facing.
Which is why I listed in order of the possible buyers of said tech that I believe may happen. Just cause I am interested in a Barret .50 cal doesn't mean the price point meets my desire.
Isn't that a yr old pr? I realize it sounds great, but until someone actually signs on the dotted line all that means nothing. Especially now that states are cutting back their budgets.
I would still wager the best bet right now for Blu Vul is the Navy and a contract with the SEaL teams and possibly Navy Divers. Next guess would be a contract with commercial diving outfits working on oil rigs, and then some kind of mine safety program.
I am not personally holding my breath that the rebreather with be a big sale at this time to either the Coast Guard or the civilian diving community.
Now that's weird, for the last 7 minutes or so UBSS has the bid at 12 and NITE has the ask at 12 yet no shares are trading, do they not communicate with each other?
LOL; well there's that too.
however, there's no big sell off at the 9's or lower which would imply (MO) that we have finally reached a new low as long as someone in the company doesn't go on a selling bing.
It almost looks like titl has reached a new low. Those holding are hesitant to sell below .001 and those bidding aren't jumping at the 1's.
Looks like about 9 million shares trying to be bought at 9.
I believe it was a seminar not an exhibit.
One can buy a membership here for l2 which shows otc trades for 30 bucks a month, I think they still offer a free month to try it, there is probably an ad somewhere on your screen for it.
Buys vs sells: all this really means is instead of the stock trading at the ask it traded at the bid. As an example if the bid is .0011 and the ask is .0013 and the trade occurs at .0011 it is considered a sell. If the trade occurs at .0013 it is considered a buy.
If you click on the trades link at the top of the screen for the stock in question it will show you trades vs sells, those in black/other imply it is unsure whether it was a sell or buy.
LOL my average pps is pretty good, I am still in the green, I am just making an observation.
not so sure faith has much to do with it. I am just remembering what happened last month, and though this seems to be happening much faster it is very reminiscient of that little trading episode.
Personally I am in for the long haul, will probably buy more next week if it gets back down to 001 or lower.
wow, an hour in and the sell off has begun. Very very odd.
Actually I am guessing it's just the opposite. Ree's are going to be worth more than gold since they are used in almost everything these days.
What gold that is found is just icing on the cake, REEs are what will really pay off long term.
No, but there hasn't been news yet this time either. :)
My point was and still is this is the same hype we saw last month when the pps went up to 24 or so, then was walked back down over a couple weeks.
Hey I hope you all are right, I have been slowly building my holdings and even bought another 400k this morning. I think this will eventually take off, but I just get a chuckle out of the hype because it reminds me of the same hype we saw everyone saying last month.
I am all for waking up one of these mornings to find this gapped up to over a penny, and I would probably pop a boner if it climbed to a buck or higher.
I would love to see it happen, I just find the hype to be very amusing.
I am hopeful that all your positive vibes are well placed, in fact I added more to my position today on that hope. However, as I sit here reading through the message board I am reminded of this time last month (or so) when we were moving up with a lot of volumn, and the speculation of news soon to be released.
Again I hope you are right, but in the month or so I have been holding and accumulating shares I can only remember the same enthusiasm a month or so ago when we were in the same position, and then watched the price get walked down over a couple of weeks.
I will believe that when I see it......
That might interest me in taking some profits though.
I don't plan on freaking out, I am in this for the long haul at this point.
I just found it odd that so many shares traded at that level so quickly.
So ya'll have a little insider trading going on.
News has been expected for about a month now.:)
Got anything more than that?
That was a weird 10 minutes of trading..... something is going on, more than 15 million shares traded a 1 in the last 10 minutes, does someone know something we don't?
If and I stress if that is the news, I am not. As I said much earlier the rebreather is what caused me to buy into this stock. It has been in development for a couple yrs, so I am guessing the seals have been testing it. If it meets or excedes the current gear in use and the price point is viable this should be what sends this stock way north.
Yeah making wheels for skate boards can be profitable, but it is not what will make this company grow.
However, a self contained breathing system with better scrubbing ability than what is currently on the market has a lot of potential if marketed correctly.
A rebreather would/could be sold to the mining industry for situations like we saw last yr in Columbia (I think it was Columbia) where the miners were trapped underground for a month.
I don't see it as a viable replacement for most scuba applications yet, a lot would depend on how long air supply is in relationship to current methods and cost to consumer. However, if it can be cost comparable for regular scuba then this could eventually be marketed to various occupations in the diving world as well as weekend divers. Much will depend on price point.
With that being said I do still see it as being a very marketable product to the specops community not only in the US but to our allies who have similar mission requirements as our SEaLs.
Anyways I am hopeful that the news released will be acknowledgemennt of a US Navy contract for the rebreather.
A navy contract would make sense for the rebreather tech if that is viable.
Especially with the current ongoing world climate in the middle east. A rebreather which is bette than what is currently in use would be ideal for SEaL ops where a team needs to recon a harbor or plant some limpet mines on a ship.... just saying.
SL has a 6 month rainy season. DM is probably right in that their are 2 months that are wetter than the other 4, but it doesn't take a lot of rain to turn dirt to mud.
Look at what's going on along the Mississippi, and in Montana. Rain plays hell on dirt roads (transportation) which will have a bigger impact on this whole process than it will on the dredging.
I am not trying to diminish anyone's hopes, I am just being realistic about things that everyone Long should take into consideration if there is a delay in production numbers, which I think will be the case.
We are a month into their rainy season, I have seen 2 days of rain shut down job sites for a week in the Seattle area.
I am not concerned to much about the effect it will have on dredging, but on transporting the stockpiled material from the site to a port, for further shipping.
All that will play into the reporting IMO.
Based on the pictures I have seen from sney, I am guessing the first two pictures of that site are indictive of the roads that sney will be using for the majority of its travels.
I doubt that their site is off a main paved road.
this pic is a little later than the first 2:
http://www.flickr.com/photos/pirobet/2700647713/in/photostream/
In case anyone is wondering why I keep brining up the rainy season of which is from May until October.
http://images.search.yahoo.com/search/images?_adv_prop=image&fr=slv8-swat02&va=rainy+season+of+sierra+leone