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We covered the topic so we can agree on the current lack of liquidity and move on. Any shareholder selling would have affected the stock at this moment.
OK, no problem. I'm not trying to fight, but I think your data undermines your comments. I was saying it is flippant because when a stock goes down if the first thing someone says is the CEO is dumping I take issue with that when the historical facts show very light selling. When he does he usually sells maybe 5-10,000 shares on a particular day. He has built up the company by tightening costs and growing operations to the point of success. That he has maintained a frugal lifestyle and supported himself over several years by selling a very, very modest amount of shares while retaining OVER 90% of his position should be portrayed with accuracy. Your impulse to characterize the CEO as an aggressive share seller was incorrect and thus needed to be addressed as lacking in context.
Exactly what I said. It shows his ownership of shares declined by those amounts and not any more. So what's your point? Less than 100,000 shares sold in a year indicates what exactly? Certainly not exploitation.
and he sold a whopping 80,000 shares or so in 2006 based on those forms. I was just pointing out that your comments could be taken to have more weight than historical evidence would support. I just had dinner with Tim so I don't think this is when he is going to be selling his stock. And since they are doing sold out racing days right now I think if he needs to pay himself an extra few thousand dollars right now that can be handled without him selling into a lull in the stock's trading.
And what provokes such a comment? Do you see Form 4s being filed or not?
And that spread shows the MMs still don't have inventory on the stock, but they will take it down if they can when there is a seller in the absence of buying pressure.
That is a flippant comment. It is the opposite of a heavily diluted stock. The markets are really rough right now and with a stall on buying power in the stock small sells took it down. Just because someone sells their position has zip to do with management. If they are going to sell shares to raise money you think they dump them directly into the market? No, of course not. Those shares would be restricted. I don't have any idea what you are talking about.
2.40? All I see the last 3 months was the opportunity to maybe short it for a sell basis of 2.20 to 2.10. Still, at 2.5M shares, a 15 cent profit is still a $350,000 paycheck for Cornell.
Being short on DPDW now could be financial suicide. But those numbers are quite small regardless and could not impact the price trend of the stock due to that kind of shorting volume for more than a half a day to a day at most. However, if someone had to cover 70,000 shares right now they'd have to pay more than $2.
I logged on this morning and saw 86,000 shares traded and then I did a double take after seeing the high and low of the day was 2 and 1.99. Talk about consolidating on to the head of a pin. Over the course of 2007 this stock has charted like a dream. Just the word BOO will send this rumbling into the 2s now.
I don't know what you were expecting, but I'd say they are so fully active on all fronts that I'm unable to find fault with practically every holding moving forward. Normally, you'd expect maybe one or two out of half dozen to get progress reports, but here we got a bushel of advancements instead of peck. I'm more than satisfied as I know it takes time, but as soon as the first property is joint ventured with a major then it will be a matter of which one is next. Since they say one of them is close to readiness for such an arrangement it seems they are very much on track.
Yes, this is one of my absolute favorites for buying and holding for years. It is important to have at least one really safe stock that can go up 5-20X in the following years, but still provide a measure of safety for your original investment. At current prices, this stock gives even present buyers what should become a very comfortable cost basis for being long. I believe this company has so much on the ball and more than meets the eye is going on than even this robust list of activities outlined in this PR.
One thing I think many will regret is not building a position while the share price hangs around here, because one day they will wake up and it will be over $5 for good. And on the AMEX. This is the stock I might feel the safest about being very long on because it has such a sound underpinning with Kettle Drilling providing operational cash flow while subsidizing the monetizing of their resource holdings. It is a real one two punch that also protects the shareholder.
I raced a DJRT Nascar on Sunday at 178 MPH around the big track at Talledega and it was fantastic. The company was SOLD OUT for the day and it was jamming. The crew and operational procedures were A+. This is going to be a better riding experience than going with the Pettys or Gordons because with Dale Jarrett Racing Adventure you get to pass other cars at full speed and the others just have you play follow the leader (yawn). I hit the big bank turn at full speed and flew by another car and it was a total rush. The regular Nascar racers at Talledega top out at 185 MPH during race day so I was very close to the top speed you could go even as a racer there.
I'll write up a more full report later since I'm on the road and traveling this month.
Pick up some more of this stock. The company is growing. Like I said, the day was sold out. The morning session had 80 riders and their families and friends so the orientation training was jammed with other 150 people in attendance. It was full of the buzz of anticipation. That's when I knew this was the real deal. Then from watching the crew put every customer through their paces and get them out on to the track and kicking butt convinced me these guys have got it down and are a crackerjack operation.
This company is lean and mean and moving up. Buy and hold this long term for nice gains in your portfolio.
P.S. Fuel costs are a much lower percentage of operational expenses than I imagined. I'll go over it more later, but basically this is not going to experience a significant impact if fuel costs rise a lot.
I'm not running L2s, but those blocks sound to me like the big guns have recognized the stock is not going to go much lower anymore so now they are stepping back up to the plate to grab their shares before it goes up another level or two.
Greetings. I'm on the road through Thanksgiving so you won't see me post here often. I probaby won't even be able to keep up with reading the posts either. But I hold a massive position in DPDW and am very pleased with the company. Trading wise the way it is channeling into a price range has been amazing and truly a perfect consolidation which has effectively sustained the gains from earlier price levels. We should be in good shape when the news flow revs up again.
During this trip I am visiting some of my investments. I expect to visit the DPDW facilities in the coming weeks. I just visited another one of my investments DJRT which is not as big a dollar investment in my portfolio as DPDW but an important one too. That was a total kick. I took a Nascar 178 MPH around the tracks at Talledega on Sunday. The company was sold out for the day and the operations and crew were A+. That is a good thing to have along with DPDW in your portfolio though DPDW may have more explosive upside overall.
I will report on that other trip on the DJRT board when I have more time and I will report on my trip to DPDW later this month. Keep the cockpit warm and the joystick at the ready flyboys because DPDW's engines are purring.
Relax. This is part of the game and you're going to have to learn to deal with it. Don't waste your time.
One more FYI on DPDW trades and the MMs. The same group we've seen boxing in the Bid & Ask, particularly NITE & GLEN, are still up to their old tricks. Another friend just added that 3405 order this morning at 1.95. They filled at 1.95 this morning and then took it down. Until there is higher volume they are keeping it in a tight trading range to allow some client to accumulate, no doubt. If they weren't doing this the stock would be climbing in the two dollar range since the buying seems to continue to outweigh selling.
Then it was the right thing to do. It means NITE is doing the same blockade tactic I saw them do when I started accumulating at 0.76. They are stonewalling.
It does mean you may have to bid over NITE to actually get filled in any quantity. Once NITE leaves the Ask there it can shoot right back into two dollars thus it pays to get what you can while they are blocking the Ask and that may mean go over them to get your shares.
If you have trouble getting filled at the Ask ALWAYS CALL YOUR BROKER. Then NITE will be pushed into filling orders. IT WORKS. LET YOUR BROKER KNOW.
No Surprise. Like I reported this week, shares are scarce. They would take 3-5 minutes to fill my friend's orders on the Ask. In cases where you think you are trying to get low inventory I sometimes will out of necessity put the order in at the second Ask price above the inside price. So if the Ask shows 1.93, then 1.95, I might put my order in at 1.95. That way if the one at 1.93 has an inventory you'll get it all at 1.93, but if they just give you a partial and move up the Ask, then you're first in line for the next Ask price and will complete your fill usually. This is different than chasing the Ask. It is more a matter of pre-empting other accumulators as is sometimes necessary on a stock like this.
Accumulators of a feather flock together.
OK my mind is officially blown and if you have the CEO calling up people and saying stuff like that and that turns people on all I can say good luck y'all. Whatever my opinions are, they have been fact based, but I won't even try to compete with rumors and innuendos ever again. Go ahead and pump up the volume if you want. I know I'm hated by many for telling the truth, but I'm not going to slug it out when stuff like that is happening. It is so out of line according to my perceptions of what is acceptable conduct by a company that if people actually think that is a good thing I won't spend another minute trying to convince them past this message. Have fun with this telemarketing pump job by the company principals themselves. I knew it would take something to finally disconnect me from this brokedown shambles and that was it. Yuck!
LOOK. Higher Lows ALL THE WAY:
http://investorshub.advfn.com/boards/quotes.asp?ticker=DPDW&qm_page=55109&qm_symbol=DPDW
Click on 3 months.
See each dip continues to be bought up and each retrace bottoms higher than the one before. This is trading like a real powerhouse.
Bid Support Armada. You gotta pay to play.
That is true. All the 504 talk came from the gossippers and was never declared by the company.
However, no form of any kind was filed either it seems. The last Regdex was several years ago. I'm not sure how they pulled off their share sales in fact. It seems highly irregular doesn't it?
Speaking of 504s, somebody should total up all their share sales and see if and by how much they exceeded $1M in proceeds in a one year span. It seems they diluted almost 9B shares in the past year. If the average price exceeded 0.00011 then they may have violated the regulations if all of those shares were sold via 504.
What did Stern say that time?
Is Stern still officially representing INXR or not? Anyone?
Perhaps they are being tested for several months by the same trader test group that ran RealTime through its paces before release.
For DPDW shareholders who entered in recent price ranges or lower will have a Lower Cost Basis. LCB + Patience = The recipe for success in a strong buy & hold stock like this.
The Lower Cost Basis becomes a form of a mental hedge unto itself int that it allows you to see paper profits erode on interim retraces at higher levels without worry. And that allows you to ride it into 2008 as a true market hedge. I do believe this theory of it being a hedge stock should hold up well with offshore expenditures being a rising tide that lifts DPDW's boat.
Also, I've reached the stage where going long on something that will very, very likely produce at least a 3 bagger with less risk is probably better than a possible 10 bagger with high risk. Though I think DPDW can be anywhere from a 3 to 30 bagger from here I like the support this stock has to insulate against undue risk.
The problem with some big plays is they are fragile and subject to fantastic drops from profit taking. I think DPDW will have profit taking days, but the ownership base should allow it to grow and breathe without excess capitulation each step of the way. The early institutional ownership of this stock is huge for that reason alone. It means DPDW should be a solid investment vehicle if it continues this way and not just a big gainer.
FYI Getting Filled is VERY HARD NOW. A friend waited on a fill at 1.98 for several minutes. They rounded off the tape at 2500 when it was more.
And now it just took them 3-4 minutes to get filled on a 4093 share buy at $2 (tape shows 3 fills at 500 and 1 at 2593).
THIS IS GOING TO BLOW. NO SHARES AVAILABLE
Solid. Rising on low volume. Inventory getting tighter and tighter. Kewl
Actually Art, they have to sell at whatever price they can get for the shares. They are not selling them to conventional financiers and not even to feared toxic debt machines like Cornell which would be a step up for INXR. No, they sell to guys who convert their investment on the open market for whatever they can get and I am sure they drive a hard bargain on what they are willing to pay INXR for those shares. If the stock were trading at 0.0005 tomorrow those guys would still demand shares at 0.0001 to guarantee their profit. That is how it works. What the average sale price is not in question and I agree with you it could in aggregate be higher. But I believe you are misreading the filings intent because when they state a range of 0.00005 to 0.0007 WITHOUT declaring WHO they sold HOW MANY of those shares to for WHAT PRICE, it means they are burying the fact most of their shares were sold at the bottom end of that price range. Do the math Art - It comes out to roughly 0.0001 per share.
In fact, even prior to the product release the stock could have gone to half a penny or more, but we all realize now they were dumping directly into every rally this stock had in 2007 therefore killing any hopes of sustaining gains in the share price. If they had even the slightest patience they could have gone to the market with an offering of just 200M shares for sale at a quarter cent, raised $500,000 to cover their burn rate and then let the stock breathe. Skipping their incompetence as developers and managers from an investing point of view, as a trader I find their stupidity in dumping stock to be beyond comprehension. They could have had the whole ballgame with the stock sitting maybe at 3B and trading well and the company with some cash. But they have proven themselves to be trigger happy on the dilution button and for that alone they deserve our untempered scorn.
This proves they have sold for below the lowest possible bid before. It makes it comprehensible now to see how their selling of billions of shares in recent months could have been done at rock bottom prices perhaps below 0.0001. That can generate great inertia in the stock because if somebody gave them $100,000 to buy 2B shares at 0.00005 that seller can progressively unload them for a quadruple at 2 or, at worst, a double at 1. The seller makes their $100-300,000 gain while the company pockets $100,000. Seems like a small amount for that kind of massive dilution, but they've done it before so I don't see what would stop them from having done it again. This puts unnecessary selling pressure on the stock. The stock tanked after they promoted it again this Summer. I don't think there is any doubt why.
This shows INXR diluted some of their shares in 2006 for LESS than 0.0001, the current bid price, just so people understand what they are willing to do when the stock is in the cellar like it was then also. And you can see they progressively sold their stock for less and less as it rapidly lost its value.
Issuance of Common Stock - During the year ended December 31, 2006 the Company raised a total of $135,835 from the
sale of 1,378,000,000 shares of its series A common stock to multiple investors at prices between $.00005 and $.0007 per
share. During the year ended December 31, 2005 the Company raised a total of $98,600 from the sale of 55,946,000 shares
of its series A common stock to multiple investors at prices between $.0002 and $.001 per share. During the five months
ended December 31, 2004 the Company raised a total of $95,050 from the sale of 35,000 shares of its series A common stock
to multiple investors at prices between $0.10 and $5.00 per share. In addition, a total of 11,000 shares were issued in the five months
ended December 31, 2004 to repay a $6,000 loan.
First post on iHub and you expect to be treated with respect with an attitude like that? The answer o pot stirrer is quite simple:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=24124153
But thanks for asking.
Since you asked for the filings to enhance the discussion, what is it you wanted to dicuss about the debt and their claims of "No Debt" Bizzy? I provided the information you requested. What do you wish to contribute to that? Thank you
Good Morning!
Filing for period ending 12/31/06
http://pinksheets.com/otciq/ajax/showFinancialReportById?id=12184
Filing for period ending 3/31/07
http://pinksheets.com/otciq/ajax/showFinancialReportById?id=12185
PR stating "NO DEBT" 2/20/07
http://biz.yahoo.com/iw/070220/0217604.html
I trust people don't need any further hand holding to determine they were already carrying plenty of liabilities during the first quarter when they made their false claim of carrying no debt.
What did the claim in a PR that they had NO DEBT mean to you? They issued this statement in a February PR at a time filings now show INXR had over Two Million Dollars in debt. How is that not a lie? Please explain.
That is possible. Maybe they do want to keep going. But they can keep going without taking care of the current shareholders. That is the whole point of what people are discussing. In fact, ESPECIALLY if they intend to continue with their business, it will take more money to do so PLUS they have big debts to service and all of that takes MORE MONEY.
They can carry on, but since they don't seem to have any income (and the third quarter might show $10,000 in subscriptions which is a drop in the bucket and does nothing to prevent expenditures from deepening their losses), how will they be able to afford to carry on?
That is what is being considered: Even if they continue to stay in business how will current shareholders survive another round of fund raising, i.e. dilution?
The short answer is you can stick around, but you will never recover your losses post-split.