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You forgot a 0, I think you meant .0001, and when it does I will be competeing with Ron..... only kidding, but I will buy up a bunch.
I sent Dustin an email a little while ago asking him why there seems to be a coordinated effort by the company to keep the stock price low on the release of 3 pieces of positive news in 3 weeks.
Guess we will see what he has to say, if anything.
Yep..... that's where I have been for a couple of weeks.
My heart goes out to those that are far more invested than I am. This company on the surface looks like it should be pushing into the penny range right now and going for new highs..... I just don't get it.
Believe me I would rather have been wrong and not been able to point it out to you.
Well guess I had better break my own rule and transfer some money over so I can average down when we hit .0001 tomorrow or Friday.
I agree, it makes absolutly no sense. All I can get from it is a dilution on someone in the company's part.
It just blows me away how we go from .002 to .0008 on 3 pieces of good news..... just don't make sense.
no, not the first I noticed, just the first time I felt like saying something to you.
I remember how proud you were that you got in despite some of us frustrated with the falling price.
I am happy for you!
I am okay with the price, I am only down 10% at 8, been sitting on this stock since March. Nope not as long as some, but long enough to be extremely frustrated with the way this stock is acting.
Ron,
That assumes those selling are here. I agree with you, I do. I just don't get why this stock keeps falling on what has been a string of positive news.
My only guess is someone in the company itself is dumping shares.
Not as excited about the stock price falling anymore I take it.
I find that odd, since you were so excited about getting in when some of us were expressing dismay at the fall of the price. Maybe now you are beginning to understand my frustration when you were so excited about getting in.
Ohhh goodie news, do we hit
0005 today?
probably not vanish, but 0001 might be possible, with more good news.
I agree it would be nice to end the bleeding.
My point though was before any news was released 2 wks ago the stock was climbing. Since news was released first the approval of the apps and then the latest news about text to call, we have seen the stock tank.
It seems everytime we get news which should be a positive for the stock, someone comes along and intentionally tanks the stock.
I don't understand it at all, I watched the l2 over the last couple of weeks, and it seemed like the whole float traded about .002, yet here we sit today struggling to stay at 0009.
All these cheap stocks are coming from somewhere, I don't know too many people that intentionally lose money by buying high and selling for a big loss.
Do we really want more news?
Everytime news is released the stock goes down. The stock was testing 002 and spiking higher before the news came out about Apple approval of the aps, then the stock went down after news.
The stock was retesting 002 when news came out about Text to Call and look where we are now less than a week later.
I don't know if we can afford more good news. :)
Maybe it was.....
I know that Ron is heavily invested in this stock, and I have seen him post something similar a while back, so I was asking more for clarification from Ron, than anything else. Assuming you are not Ron under a different user name I will presume you are guessing that is what he was expressing.
To be honest all the praise I keep seeing for Dustin and the way this stock keeps tanking, when I see someone saying something like that I don't automatically assume they are being sarcastic.
Especially since I really don't know anyone here except from a few posts on this forum.... I don't know about you but I tend to take posts at face value and not read into them what I think is there, or what I want to be there.
So you maybe right, I just don't know for sure, that, that was his intent.
I understand! That is the long haul.
I was hopeful that we would hit a dime for my own sake, now I am hopeful for yours!
I will not deny that, that is a strong possibilty, but until you actually sell off it's not a loss, you are just down.
I realize you probably know this better than I, just saying.
Everytime I have sold a stock that I thought I screwed up on within a week it takes off and if I would have held I would have at least broken even or made money.
I am still hopeful this company will go back to the pennies.... hopeful being the key word.
You have my heartfelt condolances.
For your sake I hope this company is eventually succesful.... much sooner than later!
You aren't even close to alone. About 2 weeks ago the whole float seemed to trade in the 18-22 range.
Personally I'm only down 11% but it's still frustrating. I was real tempted to sell when it hit 21 and I am really kicking myself for not doing it.
I do feel sorry for those of you that are down so much. On a positive not, based on the history of the stock if you wait awhile it will go back up and you can at least limit your loss.
I am still hopeful this company will be successful, but that hope is waining.
A gift from Dustin?
Can you explain that one to me? I realize I am not even close to as heavily invested in this stock as you are, nor have I been sitting on it as long as you have, but I am left wondering how exactly watching the stock go from the low 002's to .0008/9 is a gift.
My goal is to invest in companies who's stock price will rise, not sit flat or lose money. I am completely baffled as to how you see this as a gift, unless having your money/investment make less than it would in a savings account is a gift in your opinion.
Between the apps being approved by Apple and the Text to Message being announced one would think this stock would be going up in price, not down to the basement.
I don't know about you but a gift to me would be seeing my investment grow in value, not shrink because someone dumped a few dozen million shares on the release of good news.
Actually I wish there was a way to figure out who at etmm was manipulating the stock and break their friggin legs. :)
Closing above 50 is all fine and good, but if someone is going to keep tanking the stock it doesn't matter what it closes at.
I am by no means even a rank amature in understanding the stock market, never mind pinks. However, as soon as we hit 002 someone came in and tanked the price.
It's happened that way everytime this stock starts going to 2 or better.
one would think the timing of the news release and the news itself would have been enough to get this thing moving, but it seems someone has a strong desire to keep this stock below 2
Wow, this is pathetic.
I thought this was good news, but it appears not good enough.
Dustin might be learning some pr skills.
Hey just so you know, I haven't decided if I need all the features of a paid subscription, and my pm ability expired so I can't respond to your last message privately.
but I am not sure what that means, I will assume it is a good thing though and say thanks.
another 6 m, LOL I take it you are
thinking this is going somewhere soon. :)
I don't mind taking risks, I just started playing the market a couple months ago, and I told myself I would start small and either build it or lose it..... kinda like a night at the casino.
Overall I am about even, I am down about couple hundred bucks on a few stocks I am sitting on, but until I sell I realize I am not down or up, and I think they will go back up. In fact 2 of them have started moving north again on no news, nothin big but up.
If I am successful in this adventure who knows where it will lead.
What I am getting at is eventually I hope to have gained enough knowledge and cash in my account to be the risk taker you are. :lol:
I have pyhsical assests I don't want to cash in if I don't have to so I am not going to invest anymore cash out of pocket at this time..... don't get me wrong I have thought about transfering more, for a couple of stocks, that I would like to buy more of, including this one, but I have reached the limit of what I am willing to lose at this point in my newest adventure.
What are you trying to take over control of the company?
LOL
no problem, the rebreather was one of the things that attracted me to dtro.
I know a little about the diving world, even been down in a Mark 5 and have used a rebreather before. :)
I used to know a guy like this, he had his hands in a lot of different things. I am not saying this is the case, just what it reminds me of.
He would back a business with cash and let the people he trusted run it, as long as it made him money he was happy.
I know more than a dozen realestate agents in my area trying to figure out how they are going to keep making a living.... heck part of the reason I am learning the stock market is to try and make enough to not worry about how I am going to make a living when my money runs out.
I don't know if it will always be a pink, I do think it has potential to reach and even pass it's old high of 15 cents. I just don't know if I have the patience to wait that long. LOL
When the housing market tanked he probably thought long and hard about what he was going to do to keep himself in the lifestyle he had grown accostomed to being in real estate for the last 15 yrs.
It's a matter of being able to pull people together with the right skills if you can come up with the capitol, 15 yr in real estate is kinda like the old stero type about used car salesman.
I agree, that's what I was talking about, I just realized I didn't mention that (10K).
It would be nice if a big contract for the rebreathers came into play, whether with the Navy (seals) or with the oil/mining industry.
How much they cost will be the determining factor for scuba. Rebreathers have been around for more than 30 yrs, they have just not been cheap enough to attract the weekend diver. Heck they were too expensive for most industries, hard hat diving (surface supplied) is more cost effecient, especially on deep dives with mixed gas.
Military used them because of the stealth of no bubbles.
I know I am not, and I don't think Mack is either, we are just being realistic about what is going on instead of spouting pipe dreams.
I want this thing to take off as well, would love to see it break up to a dime, heck I would love for it to pull a LEXG, I could retire if it did.
But wishful thinking doesn't make the line move north.
I hear ya, one would think with the cloud tech, the phone apps, and what ever else they are involved in this company would be much higher.
I can only specualte that it's in the pinks cause it's relatively new in the above mentioned arenas, and that eventually it will move north where it should be.
I feel for those that bought at 18 or higher and are sitting here watching this thing go down and bottom out. Hopefully the bottom will stabalize about 15, but I am beginning to think 000's is possible, especially if people start dumping to get some of their cash back as this stagnats for the rest of the week.
I remember when I first bought this stock, it went up for a day then tanked, I almost sold then, but decided to hang on and wait it out, even bought some more, but it is frustrating to watch it just bounce around when it should be moving north..... anyways off my rant.
if some decent news doesn't come out you could be right.
Now if only we could get some decent news and get this thing moving north again!
Not pimp, but what the heck.
If you are patient and don't mind being in the red for awhile this will eventually go up, that's just a matter of time.
I wouldn't have bought the stock if I didn't think it has potential to go much higher, I just think it's going to be a while longer.
I think this stock is undervalue, and should be sitting higher, but for some reason it seems to have a hard time moving into penny land. Eventually that will change, it's just a matter of how long you are willing to wait.
I knew this was coming Friday at 330 est.
In fact I even made a post about right before the last news came out. To little too late.
Though the CEO maybe good at his overall job, he sucks in regards to releasing news, which if any comes out today will be about 345 est. and unless it's really awesome news it will do little.
If he would have released the last news Thursday night or Friday morning this stock would have broken through the resistance at about 22 and been moving north past 3 onto 4, but all his release on Friday did was delay the run to the bottom.
I will continue to hold what I have, since even if it hits 9 I am still even, but Dustin really needs to work on his pr skills if his intent is to get this stock out of the sub pennies.
Just my opinion.
LOL
I bought this stock in April thinking I was getting in low at 005 and then the next day it tanked. I almost sold it for a big loss, then decided to average down a couple weeks ago and now I am in a decent position I believe.
I could be reading it wrong but I think on Monday it will gap down. If you look at the l2 there was a 12 at 410 pm.
So though I think the stock will go higher, I think it will start low and hopefully soar right back up like it did at 330 today.