Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I agree, Swanee . . . I'm trying to raise a little cash right now in case MKRS slips back to the teens.
I've been good. Hope you have been too. Go Giants.
Looking forward to that news release . . .
That's just erroneous, doctor.
A company either meets the requirements of the OTC or they don't. If they don't, they don't get accepted.
Furthermore, this was relayed in a hearsay post. Someone posted on a bulletin board that they spoke to someone who said they spoke with Berman and that Berman said blah blah blah blah blah.
If none of those blahs turn out to be true, nobody is liable for having lied. There is not one reliable word in that post, and because someone took the time and effort to post it, it was their intention go perpetrate unverifiable and undependable "information."
One of us is right and one of us is wrong, doctor.
I seriously doubt that the MMs know any details about DECN.
They just match buyers and sellers. They don't give a damn about the details of DECN because they're not invested in it, i.e. they don't hold any shares in it. It's their job to match buyers and sellers.
They will sometimes sell shares they don't own to a buyer (sell it short) because they know they can lower the price when they want to cover.
MMs don't "hope" for this or that, they make money on the spread.
That doesn't make any sense at all. When you short, you sell stock you don't have, so why would they short stock they're holding?
You're right--damn right--that MMs will short DECN, that is sell stock they don't own because they know they can cover at a lower price.
Maybe MMs hold stock in liquid companies--like JNJ for example--but they're not going to hold stock in stinkie pinkies like DECN. If they were holding stock in DECN, that would make them investors and not market makers, and I assure you that noo MMs have invested in DECN.
MM's don't want to short from their own inventory.
ORIG . . . Check it out Katfish
Somebody chewed through them, for now.
Every penny is a struggle. Kudos to the .13 sellers who just wouldn't go down to meet the .12 buyers.
EDIT: More .13 sellers stepping in. .145 looks like a hundred miles away.
Walmart?
If that hefty commission is anything like that healthy compensation, it probably doesn't pay too much.
And one of those share holders is me! A completely unbelieving shareholder. I wonder how many other of those 500 shareholders are only holding those worthless, stupid restricted dividend shares that we can't sell. I believe there are actually a lot less than 500 actual shareholders. Shareholders like me don't count.
If JNJ spend countless attorney hours and money fighting to prevent this product from entering the market, then it must of been crucial to thwart DECN at all costs. They (JNJ) must of known the level of disruption an alternative strip could have on their future market share.
I'm loaded with this stuff, bauls. I sold 15% of what I had @ 6.30, bought it all back at an avg of about 5. I was just disconcerted by that newsletter. I'm all ready for the running hard part.
So what's with the newsletters spreading gloom? This one is calling CETX a buy at 2 with a target of 4.25.
Englewood Daily
Hey Keeps, How ya doing? How are all those shares you so suavely scooped up in the .50s doing?
there always seems to be a surprise lurking behind every corner.
Indeed, nonsequetotr.
FIFTEEN CENTS!!!!
That will be huge accomplishment for DECN
That's a healthy price.
That's only 2 stocks, Swannie.
Yes, Gary was really hot on it.
I emotionally wrote it off as a loss a long time ago, and it's been dead money for so long, just pulling out some cash ($800) was like finding free money. And I won't have to see it in my portfolio any longer.
Eight hundred bucks . . . I can take a little trip with that.
For the first time since 2008, I own exactly zero shares of eipc. With the proceed I received, I'm going to buy a new pair of pants . . . at Banana Republic.
For every DECN silver lining, there is a cloud.
Would everyone who owns 100 shares or less please raise their hand?
This isn't cleansing the shareholder list. It's cleansing management of its managerial responsibilities to its current shareholders.
Let's see how the people who own tens if not thousands of shares of DECN fare when it merges into another (worthless) entity.
You did not explain how it wold be positive. You only said it would be positive.
That's not what investors care about anyway. Nobody invested in DECN because management was going to cleverly get rid of (or one might say screw) small shareholders.
What happened to the huge share price increase when DECN received an enormous settlement that would pay for new products, production, marketing and distribution of its products and immediately and positively effect DECN shareholders, large and small, following it's devastating defeat of JNJ?
The only shares I own in DECN are the phony, worthless, deceptive restricted dividend shares, so my life wasn't effected in the least by whatever it is management is supposed to have done on Friday. Will I lose those shares because I am only a small shareholder? Oh no!
It's a beautiful day outside and that's where I am going.
People invested in DECN because they believed that they had a superior product over JNJ's and that it would massively outsell it AFTER DECN received a huge settlement from JNJ that alone would cause the sp to soar and also fund the production and marketing of its product. Oh, they were also going to be introducing new products. None of that happened, the share price is floundering, and now a little bit of stock manipulation--reverse splits and forward splits!!--is going to be a real positive development to shareholders, when most people know that reverse splits for penny stocks almost always spells disaster.
I'd write LOL myself, but this has stopped being funny.
Most of those test strips aren't compatible with OneTouch meters.
Thanks for the in-depth explanation of what those non-negotiable dividend shares are all about, ranger. When I first tried to sell them, three or four years ago, one of the brokers at Ameritrade explained to me pretty much what you just wrote, though not as thoroughly. At the time. I just shrugged it off as yet another example of management's perfidy towards us small shareholders. I only brought it up because Dr. Zem recently posted that those share had been released and that he was able to sell his for the usual commission that Schwab charges for all of his trades. The next day I tried to sell mine on-line and received an automated message saying that those share were non-negotiable. The amount I would have received would have been so small that I wasn't going to bother to pursue the matter other than post on the board the fact that those shares were still, as far as I'm concerned, worthless. The only purpose they serve is, when I look at my portfolio on my brokers site, I am reminded how much fun I have participating in this thread.
I think that gap might get filled, and I plan on being there when it does.
For the record, I just now attempted to sell those DECN dividend shares again but was informed that they were non-negotiable. Darn. I could have bought myself a modest little lunch with the proceeds.
Hmmm - I seem to recall others who reported the same as I.
Not MY issuing agent. DECN's.
More obfuscation, Doctor. I pay only $8 per transaction to TD Ameritrade but they told me that there was a fee of about $400 to release those crummy shares levied, not by my broker, but by the issuing agent.
It was, as accurately described here previously, a way to give free shares to large shareholders (i.e. hedge funds) and further hoodwink small shareholders such as myself into thinking there was goodwill coming from management.
In my estimation (IMHO if you must), DECN management is as dishonest of a company as I have ever invested in.
I wonder how many of those 411 shareholders are like me -- stuck with a handful of those worthless, restricted "dividend" shares that I can't sell and serve only to clutter my portfolio.
I don't mean to sound greedy, but I was hoping for a little more exuberance.
Yeah, only about $1.75 billion traded so far today and it's up over 1%. This stock's a money maker.
You've been consistently accurate predicting the action, baulsdp . . . what's going to happen today?
With the Nevada court case looming . . .