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Well, I must be addicted to this stock. I picked up another block. It's like I cannot stop picking up shares. I'm not flipping, trading or doing anything soon. I like this stock, the potential is huge and I have patience. All the drama and short term price movement is just white noise to me. 6 months from now these prices will seem cheap, 1-2 years a steal and 3-5 years out I'm on my yacht in the caribbean. lol
Actually, wasn't there some time frame of 13 days or such that the MM's had to be compliant before the new regs officially kick in? So this week could be clean up time to get compliant. Who knows we'll see.
Has there ever been a M & A between companies where the top executive(s) were not retained during the transition period? Duforts there for a while but will be moving on within 12-24 months that's almost always the way it plays out. As for filings and such I say 60 days or less. I think most are aware that there are no filings or financials yet. But thanks for the reminder, sometimes I forget.
I wonder if the MM's are starting to clean up their shorts. Seems like they are holding the price at 85. Giving all their buddies a chance to get out? I did a slap for 100k at ask and filled right away.
Ok I can play the game too. You see it is great to have $3mm in revenue because it probably only cost oh......$750k to earn it, so there is a great profit made. That's about a 4 to 1 return on investment. I'll take those numbers any day.
The 8's held pretty strong. That looks to be the absolute bottom. 9's are holding nicely today with the volume. We are all just waiting for news from Elasco or Blu Vu, then we can start the run to the upside.
Your assigning blue chip stock expectations to a pink sheet company. When has any pink sheet co. realistically hit projections when starting out. On top of that I think the Voyager side of the books were probably a mess to organize. Note that the CEO said they had intentions to be done by end of Q1.Reality once in books can caise unexpected delays. Again being a pink I built in a buffer on that time frame.I am hoping something in next 30 days or at worst 60 days. By that time something should be put forth without any further delays. If not then there will be questions about this co. but I also expect they will have some positive news one way or other shortly.
Now that kind of opinion I may not agree with but I can respect. You feel dilution is occurring which may or may not be happening( don't really see the volume for that). But the sky is falling commentary is a bit over the top. I do not see any BS yet as I feel it will take some time to organize properly. As stated I think within 60 days we will see some kind of numbers or PR's or both. If not then I will lean more toward your point of view. But as of now the existing customer base for me is a strong foundation to build on and distinguishes this company from many other pinks.
That is strrictly an opinion based on I don't know what facts. Corporate mergers do not get squared away within 1-2 months, especially involving pink sheet companies. Facts I do know is there is an existing client base of 4000 customers of which 3000 are utilizing their services now with ongoing revenue(this does not even include any oil recycle customers yet)new management with a global vision and business plan and access to funding for expansion. Picture will be much clearer within about 60 days so now is the time to accumulate. imo
Poem, looks like you'll still get a chance if you so choose over the short term. From the CEO response they are striving to get numbers out by 4/15. Once hard numbers are out and with expanding lines of products and future revenue once this breaks and closes over a penny it is never looking back.
We can see that you are forcefully letting us know the glass is half full.
Yea, finally I am fully loaded I usually never triple up but I think long term this going huge to the upside. Tried for the low stuff a couple of times but 077, 0074 0075 is ok. Those prices will seem like the good old days within the next month or two. We'll see.
Taki, I assume you've been trading the markets for years. I'm surprised, frankly your tone sounds panicked, sweaty and almost freaked out. What do you want the CEO to do, put out a puff PR to try to stop a market decline? What can he say that has not already been put out? I think nothing is going to come in the very near term. It's already been said, they are working on financials, plan on reporting and are growing the company. They plan on being compliant when things are ready. Everyone does their own DD and you either like what you see or you don't. I'm guessing you are more a short term trader in pink land so yes you would want more flexibilty for trading opportunities. That's great, but on this one I see big upside growth and will hold the majority of holdings for a while.This is pink land...great risk/ great reward or big capital gains tax or nice write off. lol
From a selfish standpoint I wouldn't mind Gonzo here for one more day until I buy my last block. Where is Gonzo? lol
Carnac, perfectly stated. Nothing significant is going to happen until the financials are put together or some big news comes out.I think your time frame is spot on. I'll assume 60 days as always best to lower expectations.(if longer than that then I would have some concerns) As stated I'm comfortable with the mgmt., industry and game plan. I think they are bringing it together in terms of filings and business expansion and I will still pick up blocks of stock at these levels.I am very comfortable with the risk here and look forward to the reward. We'll see.
I can't complain, I already have a bunch. But I am starting to get the feeling that this is not just going to be a homerun in the short term but this could be the grandslam of grandslams longterm(to use a basball analogy) If I get another chance that's great if not I'm ok. I just have a hunch the sub price will be long gone very soon.
Well I know I am being selfish but I really hope the PPS stays around this range for one more day. Will have some more cash to throw in tomorrow.Please, no hard numbers released on anything. I haven't done this in years but I am becoming so confident that this co. is going to fly that I am really going to not douoble but triple down.
The game plan, diversity of products, right markets and as someone said... the management. In the pinks I think it is true, management is a big part of being successful. I like what I see and am actually getting pretty excited. Great management + great products = $$$
Check it out. It is 5%
Now that is a position. Well if you have that much you might as well pick up another approx. 15mm shares. Then you will have to file a form 13D with the SEC which shows you have at least a 5% controlling interest in DTRO. Then you have a seat at the table with the owners.
Check out the link. Kind of says it all on the strange volume and price action. Next week should be interesting.
http://jsmineset.com/2011/02/25/new-rules-will-cause-panic-for-shorts/
This link provides a great picture on why shorts will start to freak out shortly.
Can't wait to see how this all plays out over the next few weeks.
http://jsmineset.com/2011/02/25/new-rules-will-cause-panic-for-shorts
I think these new Finra rules are shaking up the old way of doing things. Supposedly limiting naked shorts, something about some MM's are not allowed to be MM in certain issues. Who knows? But some of the boards are saying trading is acting kind of funny.
Of course we all know any new rules will be twisted around to MM advantage within a short period of time, they'll find the loopholes.
I'm sure he is. He agreed to the merger but was smart enough to keep himself in the mix. I am sure he sees how this co. is going forward with growth and expansion plans and wanted to be a part of it. As for his position, I really doubt Vince and Wison would allow him any large voice at the table. It's probably in a VP capacity with limited responsibilities. Many times mergers entail keeping key executives for a time. Eventually the controlling side squeezes them out. I have gone through a couple of mergers over the years and that's how it always played out. But if you are concerned than don't invest.
You're not kidding. Pinks all over hit with big volume and down. I'm guessing some sort of MM games for what ever reason.
So just to clarify, you are saying that for all intents and purposes a new business entity and new management that has been in business for all of 2 months has a lengthy history of dumping shares? By all means please provide links or examples.
Just a thought and I might be wrong. But isn't that new rule about reporting shorts effective as of today? I'm looking at stocks I hold and others I am following and it seems like almost all have big volume and are taking hits. Also like stated here, it seems like Buys are posted as sells (to cover possible short covering?) Anyone seeing this or have opinions? There couldn't be any market manipulation could there? ha
One way to look at it is that previously the company plan was to compensate employees and consultants with stock as many pinks do at this stage. Maybe there is now enough cash coming in to compensate designated parties with actual proceeds from incoming revenue. Saves on dilution. Just a thought.
I'm guessing there is going to be some PR after mkt. closes, this volume is huge. Good or bad? Who knows. I say neutral to good news of course(at least I hope so) lol
Well, something is coming, that's for sure with this volume. Could be as simple as announcing the dropping of the E if now compliant or.......a major contract announcement. ha We'll see shortly I'm sure.
Another way to answer is that we will have a nice tax write-off. No big deal. Maybe you did not realize but this is a pink sheet stock. Not a blue chip. But with a large existing customer base, cross selling lines being created, substantial credit line, new aggressive management and blue print for growth......hmmmm I think I'll buy VYGO now in the subs before it cost me. It's called risk vs. reward. At these prices little risk with good possibility of a big reward.
The PPS range is going to run between 001-0015 until some definitive news hits. The pieces are in place regarding product. At this point news of a contract is what is needed to make a significant move.I think it will come from both divisions in time. Any Elasco news should provide a steady stream of revenue growth. But something about the BLU Vu rebtreather technology tells me if news come from that quarter than a royalty contract with all OEM manufacturers or a govt.(military) contract will make DTRO rocket up in share value. Maybe both. Have a nice position and will keep adding a little when extra cash is available.
Wow, big volume with an upward bias first thing in the morning. Maybe more news is to come this week.
Great point. Funny, I did notice the notes coming due in late 2011 but did not attach significance of due dates. I believe your analysis is spot on. I felt things could be ready to pop sometime next 30 days,, quarter or sometime this year. Your analysis makes sense and seems to put a time frame on expected news. Let's hope DTRO surprises us and gets news out even earlier. If not I'll keep adding on dips and wait till the hoped for big pop by the fall. I like that this stock is not being artificially pumped, let's move on merits of substantial contracts/ Go DTRO
Ok, it looks like the co. is hanging in there but there is no significant news at this time.They have a year or two to lock down something on the Blu Vu side with the rebreather technology or they lose control of the patents. I tend to think there is something in the works. Also hope something is coming on the Elasco side. I'm patient , have a good size postion at great price and may add on occasionally. As with all pink stocks, it will come together or it won't.But based on longevity of Elasco and upgrade of rebreather technology with Blu Vu I think DTRO has a good shot to fly.
Nice layout of DD. Kudos
There is definetly something coming. You don't have a huge jump in volume to over triple the recent daily average within 2 hours.
People in the know are loading up. I'm guessing either news AH today or before the bell tomorrow. I think penny land is coming.
Yes, I saw the franchise opportunities block. I don't remember reading about it before. I love it. Will provide for a much quicker expansion. MMmmm franchising, say like Jiffy Lube, 1-800-got junk etc. Damn, I hope no big news comes out before next week so I can load up a bunch more.
Buyers will come around when the website is up, paperwork organized and see the revenue streams.....smart speculators see the potential before all the official news hits and load up at cheap levels for the big score. I'll add more as soon as a business transaction of mine closes next week. I actually hope it stays flat for another week or 2.
Sorry guys, but I sold out today. I still like the stock and think it will work but the time frame for results is a little too long for me. Needed to free up some cash for a couple other opportunities I think will be much shorter term. Good Luck to all.
Filings will be out when all paperwork is merged formatted and audited to fit compliance guidelines. Hell, existing companies in business for years delay filings sometimes for months. This is a new entity merging 2 companies. Like I said, probably next 30 maybe 60 days until we have some kind of picture.
One thing I do know is they 3000 customers now, expanded product lines, new mangement, great strategic partners and agressive forward looking business plan. Once this train leaves the station you can forget buying in the sub-pennies.