Any stock I mentioned, post my opinion about or my DD is not a recommendation to buy, hold, or sell. Trade at your own risk.
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Still don't believe in technical charts?
Looks like the Smart $$$ are taking advantage of this sell off (just on a brink of a take off??)
Major Holders:
VESTERGAARD STEVE 11,555,110 Jan 31, 2013
VANDENBERG FRED 995,708 Jan 31, 2013
KUMAGAI YOSHITARO 625,079 Jan 31, 2013
LANGS LAWRENCE JEFFREY 300,418 Jan 31, 2013
Fidelity Small Cap Growth Fund
1,620,269 shares $3,775,226 Oct 31, 2013
http://finance.yahoo.com/q/mh?s=DSNY+Major+Holders
Thoughtful post and conclusion, Westify.
I believe all in good time...
(I also appreciate your original and well suited analogy).
Re: Do web developers using pc? Just noticed Microsoft has multiple ads (with incentives) marketing new apps to developers.
http://www.webdeveloper.com/forum/forum.php
Yes FT, this DSNY's history is good to remember/to learn for old and new longs:
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"...90% of dot-com companies went out of business during that time.
Not Destiny, thanks to Vestergaard and only Vestergaard the man work his but off to stay in business and put his own money into the company and therefore save a lot of our shareholders a lot of money, where any other CEO would have walked away."
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Run-do-not-Post, yes, I remember! Everyone was very positive, except you!
Short and to the point, Wise (Freedom)Thinker!
True, the illustrators do, but not the web developers. I've already done a research and posted it a while ago on the board. The comments from a web developers forum: many are using pc. One post from the one, who is still in school, said that 75% of students and all instructors are using pc. Microsoft made some latest improvements to compete with mac.
There are 170,000 members just on this forum. I think we won't have a problem at this point attracting a good %% of them. In the meantime Destiny team is already working on Mac version.
So at this point this is a minor negative, which will be eliminated completely in time.
Re: Advertising. I've emailed Steve and here is his response:
"We will be starting advertising later on this week. I expect we will start on Bing and Yahoo first".
"The initial advertising will be search engine ads which are text. We're also expecting to run our commercial in the Clipstream format on streamingmedia.com, possibly as early as next week."
Here we go... Cheers!
star, your dissecting of these negative post and reasoning behind them is sensible, intelligent and well justified.
The only criticism I agree with in these negative posts it's the lack of massive advertising campaign. To launch such campaign also takes some time. Steve was cautious to start it prematurely. Now that he's confident about the final product we should see the campaign starting shortly.
Star, I like your conclusion:
"I hope none of the sellers get an unexpected power outage, which happens frequently, just when the announcement comes out and they miss the big jump in price and then have to chase the rising star." lol
Well said, Phil!
Finally nice to see some rational and positive messages on the board!
TTommy, here is from Steve's email after the CC: "Right now, we are sitting on an extremely valuable technology that works and that customers like, that should make investors a lot of money." "Things are going well here and as expected. There is no business reason for the stock pullback."
Thank you stpioc for your fare assessments.
I agree that Steve has to finally step up the massive advertising. The sentiment on the board has turned very negative just when the G2 is finally ready and free of bugs. It is already being tested and gets VERY POSITIVE FEED BACK by several large co's. After waiting so long and finally getting this amazing disruptive product, everyone decided that it's time to throw in the towel.
To me it sounds crazy, but this is nothing new.
"Buy when there's blood in the streets, even if the blood is your own." Warren Buffett also warned, "You pay a very high price in the stock market for a cheery consensus."
Thank you for sharing Z. Good to know.
stpioc, you're absolutely right and his intent is obvious to all longs here.
My response was a way to discredit all and any of his future messages. It's aimed to inform any new prospective investor, who still had not done their DD.
brook, I understand you very well. It's upsetting, but take a look from a different angle.
Currently Clipstream is launched and perfected. Destiny still has a strong cash position.
The stock should be at least $2.75.
It just shows how undervalued pps is.
Giovanni, your posts show a TOTAL IGNORENCE and luck of basic knowledge about the co. I've quit reading your posts, because it's useless waste of time and will not respond to them individually.
Please do your own DD on this company. There is plenty of info available.
Those, who don't believe in tech charts for OTC co's could be easily proved wrong, at least in DSNY case. Just look at the chart's past indications and it's correct predictions.
The current weekly two year chart indicates:
1. We are solidly in the Golden Cross territory (VERY BULLISH long term formation).
2. Both the 50 and 200 MAs are pointing UP.
3. The Bollinger Bands are indicating Grossly Oversold. In two years one can see the similar formation occurred only once, a little over a year ago, when the stock went down to 0.57 cents. Since then the stock has never went that low again.
4. The Williams %R is indicating a very strong BUY. The only time this indication had been this strong, when the stock went down to 0.30 cents two years ago.
Mike, you're a very bright young man and I've always (until recently) have enjoyed reading your posts.
Recently the sentiments of your posts have decidedly changed. They've been having an unreasonably negative slant.
Hope it will change.
BTW: who are you agreeing with the $1 downside?
I understand being agree about $15 upside, which has been mentioned by other posters before.
My point Mike is once again you're talking about downsize only. How about $15 upside? BTW, your yesterday's prediction of this morning sell off did not happened.
I hope you've read an excellent post by stpioc #7532. Your $1 downside is unlikely to happen.
With the HUGE short squeeze it's hard to predict the upside potential from these levels. What is your prediction, Mike?
Mine is somewhere between 300% to 1000%.
Funny analogy, but very accurate!
Mike, with all due respect, I understand that you want to re-load at the lowest possible price, but I wish you would stop the obviously negative posts. There are a lot of good things are happening and are going to happen to justify much more than the current pps.
Once again:
The million $$ customer is not necessary the only catalyst that would propel the pps.
If we'll get partnerships and a heavy stream of mid-size (developers) and smaller buyers (automated, credit cards), it would be enough fuel to raise the pps for now. These buyers, as Steve has alluded some time ago. are the most profitable for the co. He's planning to implement Clipstream's adoption reporting similar to the current MPE Real Time Stats.
If the numbers would grow rapidly, it would keep the investors happy and pps higher.
Steve made it clear that the possible 5/1 split is an insurance to get to NASDQ. He wants to take advantage of SM in February to get the investors votes.
Just in case we'll need the RS.
No warrants, no options to worry about, no extra 1.8M shares are going to come to the market. The shorts are very disappointed.
Thank you, FT.
Nice CC summary, renne.
Yes, Pete.
Clipstream has 7 pending bulletproof patents.
Steve has made sure that the patents were unbreakable and took unprecedented measures to assure it. One of the attorneys, who worked on these patents is a top NYC patent attorney.
Agree. Nevertheless, lets do not forget estimated 5M to 45MM shorted DSNY shares.
Does everyone understand what would happen to our 10M float once we move to NASDQ?
Steve may have enough votes at the SH meeting to get going with the RS. That means that we may be on NASDQ in early March.
In addition we know that some funds would MUST to buy Destiny and other institutions would WANT to buy it. Steve also mentioned today that he hears from a number of companies wanting to buy stock, but can't because we're on OTC.
I really like your paraphrasing "tim(ing)is money".
It's also well known that timing the market can loose you lots of $$.
The million $$ customer is not necessary the only catalyst that would propel the pps.
If we'll get partnerships and a heavy stream of mid-size (developers) and smaller buyers (automated, credit cards), it would be enough fuel to raise the pps for now. These buyers, as Steve has alluded some time ago. are the most profitable for the co. He's planning to implement Clipstream's adoption reporting similar to the current MPE Real Time Stats.
If the numbers would grow rapidly, it would keep the investors happy and pps higher.
Steve made it clear that the possible 5/1 split is an insurance to get to NASDQ. He wants to take advantage of SM in February to get the investors votes.
Just in case we'll need the RS.
Steve doesn't read the board. I've emailed to him some rational questions that were posted on the board for the CC call.
Thank you, DD!
See my links in this earlier post.
mac, I agree with you that we won't see more income this time, as Steve has told us to expect Clipstream income impact next qtr, not this one. Same with MPE, because of the holidays.
From your post: "My most optimistic hope is that we get more context on the types of deals or partnerships being negotiated behind the scenes. No announcements are likely, but we cant go through earnings without an update on how clipstream is doing."
I agree with your hopes, but my 'most optimistic hopes' are somewhat more optimistic. I also would like to know when the powerful advertising campaign would finally get ramped.
Last year after the conference call, the stock went up 28% from 60c to 77c. At that time we were still far from Clipstream's launch.
As you well know, Wall Street reacts more to the future projections, and not as much to the current qtr.
Nobody's expecting the stellar results this qtr.
Currently MPE is already established and has the biggest industry customers and major contracts. Now we've launched G2, the second, long awaited disruptive product. The most respectable NYC research firms are already gave us their very favorable reviews.
Destiny now has two highly desirable products, while still being debt free. Experienced investors know and appreciate that at this point it is already a rare achievement.
Next: each qtr would have to show significantly higher increases in income to be meeting shareholders expectations.
There is also a big 'IF' whether they would be exercised.
Of course, those, who are sold their DSNY shares, and are looking to re-load are disregarding this caveat.
One has to read the 'DSNY Update' to see the whole picture...
Mike,
Why would anyone would be so ignorant and shortsighted as to sell at these prices? The reverse split guaranties uplisting on NASDQ.
Once we'll get uplisted the mega short squeeze would propel the pps into the stratosphere.
To sell now - would be a huge loss to the seller.
Intelligent investors like you are getting ready to BUY, not to sell.
Me 2.
As I see it, we're in total agreement.
Excellent summary mac! I totally agree with your observations and conclusions.
Thanks, wupdoc.