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 am sure that everyone here knows it, but in my short time playing with OTC stocks the only PR's that have impact are ones that indicate dollar figures. Even these don't always have the effect one would expect. (RVGD is a good example)
This just shows you that MOST of the trading done OTC is on emotion, not TA, FA or with much if any DD. The last 3 PR's DDI release were substantial to anyone that understands. I agree it is frustrating to watch our investment bleed, but then if you look at the company the PPS is far undervalued.
Every company in pennyland has a good story. DDI is one of the few that is a real company doing real business with potential to move upward. I have seen it stated by many in other forums that DDI is one of the few companies that trade OTC that is for real.
At this point our tolerance for loss is being tested. Just keep in mind, it ain't a loss until you sell.
Hi Sue,
You always have good information for us. It will be interesting to see what comes out of the conference and what you can find out from the CEO. I am sure you can get an eye-to-eye with him.
Thanks for keeping us updated.
I think it is. IMO it is just one more step toward uplisting.
Pre market trades starting already
The freight train is startin to get some traction!
Good close on that 100 shares @ .72!
Not really using it as a benchmark Goose, just information. I know I don't flip DPDW...trying to accum.
As I said, green is always more fun than red!
Only 1 MM left on the ask at .77....premarket
3 x .73 1 x .77
Good Morning All!
Doog, I agree with you. If there was some reason to doubt this company I might doubt my position. IMO there is no reason for doubt of the company or positions. Its no fun to see red all over, but no reason to whine about it either. Green is always much more fun.
The joke with my family is I should start a stock service whereby I charge people to tell them what stock I am about to buy. That way if they are in it they can sell or if not, they can get ready to buy. Seems everything I am in goes to hell in a handbag immediately after I buy! LOL
I know this is serious, but a little levity can ease fears and frustrations. Fear and frustration will only add to the problem. Strength and reason will prevail sooner or later.
I see us going down some more this morning just on fear alone. By the end of the day we should see a hard bounce off between .55 and .60 back up to green or better.
Good morning all DPDWers! Lets hope to see confirmation of reversal today. It's Friday, you never know what can happen.
It is 5% on OTC and they have 90 days to report it
GM All! I agree Rhino....today is going to be and up day in Deep Down!
for 2.18 on that 437 block I would have hit the ask...geesh...LOL
nice block at .81
Looks like smoke signals again!!!!! LOL
We will be back above $1.00 by weekend unless there is news.
According to my figures the bottom should have been around .75
We went a little below that but quickly recovered. It should be up from here on out now.
Watch for the bounce now!
I really don't think this is a case of someone knowing something we don't.
As good as this company is remember this is still penny land and a lot of trades are made on emotion no reality. I could be wrong but I have gotten caught up in the "oh my gosh, I am going to loose all my money" syndrome before.
Shaking out the weak hands Chev.
Sulpher that is a good chart.
Too bad it only has meaning for longs. Take out the spike in Oct. and you have an obvious uptrend. Seems I remember somewhere in sasticis that you throw out the unusual high and low and go by what is in between.
Does that apply here?
Good morning all!
Don't forget Countrywide Finance. Went from $45 to $6.00 in the last couple of months.
I tried to look up some info on Tuohy Brothers last night....very little details about them around the net.
Brikk,
It will be interesting to see if any institutional holders file an increase in holdings in DPDW after today.
Everybody should have gotten their fill today at these WalMart prices.
Tomorrow should be very interesting.
Many are in a panic over this dip. Look at your charts, they predicted it to happen....bottom around .76
Then look at your chart again and see where the bounce goes. This doesn't even take into consideration any fundimentals.
Mid 70's will be a double bottom. Watch for a HARD bounce!
Just keept singing the song..."Time Is On My Side"...!!!!!
If we can't hold above .85 today I think we will revisit mid 70's before we go back up.
Looks like nobody was anxious out of the gate this morning...gonna be a good day!
Time is on our side.
I would just like to say a couple of things. First I am 51 years old and traded my first stock ever in my life last August. Obviously I am no expert nor as experienced as many on here. I have leared a couple of things in my short learning experience in the market.
(1.) You are not going to get rich quick unless you just get lucky. Your chances may be better at winning the lottery.
(2.) Time is on the side of the investor. When I first started I was chasing stocks all over the board and loosing quickly. I work hard for my money and don't like to give it away so I stopped, sat on cash for a while and just watched. Unless there is some inherent reason for the company to falter with time you will make money. How much money you make is directly related to the patiences you have and your ability to control emotions. Since I have taken this approach I have made back what I lost + some.
If DDI was faltering in some way now would be the time to get out; however this is not the case. I may not know the stock market but I know business and DDI is in the business of doing business. Having lived within 130 miles of New Orleans all my life I also know a little about the oil business. I know you don't develop a client list like DDI has and not know what you are doing from a technical and business standpoint. There are many companies in the oil service business that do well and never have more than one or two clients that are not even major players. DDI has a client list that reads like a who's who in the deep water sector. It doesn't take a real smart fellar to figure out that time is on the side of the investor here. This is NOT Flipper land unless you watch him swim by one of DDI's products.
Brikk,
How is it that somebody slaps the ask for 10k shares and the bid drops...LOL
We need to break .95 and hold today to really start moving up. Of course news trumps all.
Looks like a wall holding at .92 but we all know how fast that can fall with a few slaps!
Good morning all! Today is going to be a good day in DPDW world!
I would say they are most definitely a customer; otherwise they wouldn’t be listed as having access to an inventory database.
I was looking at that this morning doog. From what I know DDI and Mako both provide storage yards for equipment storage to customers. From my experience with electronics the facilitator usually provides a way for the client to keep track of his individual inventory stored at the facility through a database. Nexen being on that list means DDI or Mako is storing inventory for them.
This is strictly a fundamental stock right now.
If you look at the potential the company has it is a good buy, actually a steal at the prices it is trading at now. If you are strictly technical then the picture is not as rosy.
With this company fundamentals trump TA every time.
Institutional owners don't have to report unless they own 5% or more total. They also have up to 90 days to report after breaking the 5% threshold.
Notice ARCA is on the bid but not the ask
The definition of MM for some of us that don't understand all we know about them...
A market maker is a special type of broker whose function it is “make” the market for a particular stock. The market maker will hold a certain number of stock shares in his or her inventory for the express purpose of being able to sell them to the person bidding to purchase them, or will add to his or her inventory by purchasing stock from a seller offering stock shares. In some cases, the market maker may just match up the buyer and seller of the stock shares.
A market maker takes no commission on the sale, but instead makes a profit from the difference between the bid and ask price. The potential seller of the stock sets the price at which the share will be sold; this is the ask or asking price. The potential buyer of the stock will offer or bid a price at which the stock will be purchased. These two prices are rarely equal, and the market maker will only make a trade when there is sufficient difference to yield a profit in the sale. On heavily traded stocks, in which hundreds of thousands of shares trade in a single day, the market maker can still make a handsome profit even if this difference is very small.