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I agree with you TS, congrats on holding strong. Sticking with this ruby for a while. Only OTC ticker I continue to invest in.
Huge!!! Congrats to the DNRG longs! Only the beginning of a great journey.
gradady, I've seen stocks move 100+% on no news especially on the OTC exchange. Patience will pay. One PR giving us an update on Rubicon deployment or financing will change everyone's perspective here. There is a reason this stock flew from subs to .30c and continues to hold those gains since.
Watching for .035 bounce. If that support gets wacked, I really don't know. Fairly new stock not enough history to determine.
20k?! They say never invest more than 5% of your portfolio into any asset. You are either wealthy, crazy or both lol
That's the difference between my strategy and most day traders. They go all in, wait, sit and complain as the stock they bought goes under their cost. I buy week after week on its lows and continue to dollar cost average until eventually my proceeds and cost meet in the middle.
It really is lol I just find it interesting. A baby can't get milk without crying right? Maybe this facebook raid will spark some interest.
Looks like $DNRG's Facebook has a few shareholders wondering where is the update. Yahoo msg board also has people voicing concern over the companies developments. Interesting to see where this goes.. I'm not anticipating news till mid November. This is accumulation period before the next breakout IMO.
I don't think this is being manipulated *to an extent*, the trading volume has been below $150K in cash by the day which is a joke in the markets. Average 9-5 Joeshmos have $50-100K in their 401K's so manipulation is not really a factor. Also, if insiders believe this company will blow up it doesn't matter if you buy at .04, .05, .06, etc. The profit margins on their positions will exceed 100% if this enters and bases in the .teens/.20s.
Dilution is a slow process *to an extent*, so its not as impactful as some people perceive it to be.
I just think MM's are finding a technical floor since the volume has been very low since that 09.15.15 PR and it looks like .03-.04 may be it.
Just my opinion as always.
Long & Strong $DNRG.
Replying so I can check my post history year end and see where this is trading at.
Thanks TR makes sense, and yes I agree. I have bot at every level (.05-.08) since my initial buy at .08 on 9/15. Every purchase I make they chop it down a notch lol. Tomorrow funds clear so I will get my first batch in the 4's and see where the market takes her.
Stock is shot. Oversold on every indicator I use for tech analysis. Almost at my .035 support test. If it breaks that, I really do not know where the floor is.
All I know is that when I search for $DNRG on social media, I see other traders pumping their stock by comparing the insane momentum this had in June & August to how their stock is currently performing. There is only 1 DNRG =)
I was actually going to ask that this morning. I was looking at my L2 and saw DINO, never saw that MM before.
Investing 101; never put more than 5% of your overall portfolio into one particular investment regardless of your net worth.
But to answer your question, based on technicals, if this cracks .035 support who knows where the floor will be. That is what I am watching for before I make my next purchase.
Being dragged down with no company update. Just the name of the game. Unfortunately will not have ammo till next week, but who knows where it'll be trading by then at this rate. Long & Strong.
10 day average volume** not 10 day MA
I agree, in retrospect the sell means nothing, but compared to the securities 10 day moving average (460K according to TDA), it was a nice sale. It was actually in the green today after that for a good hour until someone sold 10k shares lol
I just think it's funny reading on the Yahoo msg boards, people are calling this a scam. Why would Obamas Power Africa Initiative choose DNRG as a private sector partner with a bunch of other solid companies? Doesn't make sense to me.. Is it a scam because it's under their particular cost or because they sold at a loss? Don't get where these conclusions come about in peoples minds.
Long & Strong $DNRG
https://www.usaid.gov/powerafrica/privatesector
Nice rebound after a big sell off in the AM. Would've preferred closing green on this heavy of volume, would've created a nice doji, but I expected it to end in the red.
Every week I been doing the same as well. Slapping the ask little blocks at a time on every dip, I have buys at all levels now since my initial investment on 9.15.15. As soon as I make my purchase, I initially put in a GTC AON order at .45c so no one can borrow my shares (supposedly that works). Looking so forward to this next press release, should put us up to date on all developments since Al Rushaid PR. All IMHO.
Not that this may mean anything, but while searching for $DNRG on twitter I saw another post..
#HashFund @HashFund · 2h 2 hours ago
$DNRG PR TOMORROW PER MY SOURCE.
Yes I agree gap will fill eventually imo. Tiny floater made this pop 25% on little to no volume.
That's why DD & tech analysis are the gates to paradise. Blocks off the noise & keeps you in line. You can tell a trader (not using investor, way to legit of a term) isn't doing well by his quick judgments on intraday stock movements. Patience (pay-chance) is the way this game works. Let them enjoy the beauty of 25-75% day swings while competing against hyper trading software and hedge fund algos. The emotional intellect that I sense from their posts are enough for me to know where they stand as traders when given those high % opportunities.
Two quotes they can learn from (not just philosophy, works as a strategy as well):
Warren Buffett: "The stock market is a device for transferring money from the IMPATIENT to the PATIENT"
George Soros: "If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring."
Bingo! Someone is looking for a day thrill and is losing their patience (pay-chance).
Like Soros has said, "If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring"
TS - it's all coming together. The Rubicon is a game changer in the Fuel Cell sector from what I read last night. Once a PR comes out in full detail regarding the development and manufacturing of the technology this will go above and beyond our expectations imho. I will continue adding on dips till I reach my share count goal.
Interesting action at the open. 25% pop instantly.
Some exciting times ahead folks. Read almost every post on this message board tonight.
http://www.qualitystocks.net/messageboard/viewtopic.php?f=22&t=23056
I may be the only one who wants news to be delayed for a week or so, MM's continue pushing her lower, just so I can load up more. Wishful thinking I suppose.
Saw this posted 1 hour ago on Twitter when searching $DNRG..
#HashFund @HashFund · 1h1 hour ago
$DNRG
target entry <.07
target exit >.19
short term >.48 medium term
#HashFund
______________________________________
#HashFund @HashFund · 1h1 hour ago
#HashFund please wait til 3pm to start slapping that ask on $DNRG
Rumor of big news coming tues or wed
Buy on bid if you can
Have a great weekend TS! See you longs next week same time same station.
Even better post TS. Lots of traders are young, naive and yes I was one of them, the worst of them actually. From 2012-2013, my portfolio performance was horrifying until I finally found my edge ( which I've hinted here many times ;) ). On top of that, year over year my accountant asked what the heck was I doing making all these large transactions! A reporting nightmare as well as day trading your money against hyper trading software and big money hedge funds. Sometimes I would strike gold, feel like a million bucks, most of the time I would lose and break even for the year. Day traders never admit their mistakes, only the cream of the crop do.
"If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring." - G. Soros
If your gut tells you this is a good investment, continue dollar cost averaging to lower your basis and enjoy the ride when it pops. That's all I do and it has worked wonders. Day trading just was never for me. To much emotions involved and so little time to analyze a situation. My largest gains were when I dollar cost averaged for weeks/months until my proceeds exceeded my cost.
https://www.usaid.gov/sites/default/files/documents/1860/PA_2015_Report_V16_TAGGING_508.pdf
Page 11, DNRG on the list. There for a reason.
imo.
In my opinion, I'd give it 10-12 weeks not months before you know where this company is going. It's fairly new in terms of issuance of shares. I only have a 3 & 6 month chart to work with for technical analysis in terms of significant volume and price action. Prior to June there wasn't really any movement. That's what made this stick out for me when I took my initial position. It has room for growth if the right deals are made. No ceiling if it breaks .33c.
Without any news release on current updates/future developments & with the influx of short interest and lack of heavy buyers, this will probably retest 3 month low of .035. May not happen of course, but I am expecting the worst at this rate.
I will reload at that level to lower my basis by 40-50%. Biggest unrealized loss to date this year. Key word is unrealized.
Best of luck longs. Looking forward to any news. Still holding strong.
Used to it Thundersteel. Been through it over the years =). I keep adding on the low of the week to lower my avg cost basis, continue doing it for a month or two, eventually proceeds break my cost and I am in a surplus otherwise if my gut tells me to move on I wait for a deadcat and cut the loss at a minimum. My strategy is as simple as that. Works almost every time unless like I said before I choose an atrocious stock. To much down the pipeline for Dominovas for this to continue.
Still waiting for at least one green day before I purchase my next block. Still holding.
On point Thundersteel. The problem with new (mostly adhd prone millennials) investors/traders is they are looking for a fast buck and get frustrated when the investment/trade does not go their way.
Power Africa seems to be showing up more and more on social media. It's becoming prevalent and people are standing up for the cause. Like I said in a prior post, if Dominovas is really doing what they say they are doing, this is a gold mine.
I agree, the Rubicon maybe just a concept, but the financing involved and the big names associated with this company will make the stock price react positively IMO of course. Any positive news will send this up to that gap @ .13 and hopefully will base from that point on until further developments come about.
Buffet said it best, "The stock market is a device for transferring money from the impatient to the patient."
If what is going on REALLY is going on, it would be an honor.
Hopefully long enough where I can accumulate 500K @ a 25%-40% discount before it gets to .10c. Only 390K to go!
That would be miraculous ozzz.. How do you base that thesis?