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American Bulls is a classic case of data lag. Whether it is even worthwhile in hindsight is questionable, but even if they were right they are pretty much a day behind the curve. It is organically flawed from the get go.
Always is of course. But you'll have to read the balance sheets for shenanigans. That's the problem with "holding companies" in that they are moving around lots of pieces on the chessboard and what they claim as a credit or a debit in order to goose their earnings statements has to be looked over with a fine tooth comb. These guys are wheeling and dealing. It looks a lot like a Worldcom kind of game to me.
Sounds like they may hear a clock ticking somewhere. As before, I shall remain on the sidelines. Now I will probably never even consider trading this since the axe can fall without warning with all of those dirty shares liable to hit the tape at any time.
Amazing. They really have wired this operation to benefit themselves. If it all comes crashing down they still walk away with millions in accrued payments from these ancillary deals.
They are also referring to companies that are already $50 to $100+ a share, not the up and comers with accelerating revenue growth patterns like DPDW. Whole other set of considerations. It just caps immediate expectations for the share prices of the biggest players in the sector. Our upside has little to do with how their stocks will trade the next few weeks. Dahlman Rose specializes in this sector and are not going to be caught by surprise by sector trends. They selected DPDW because they know it will benefit their clients to own it and hold it.
That does it. I won't say that it is not a legit commission, but it seems very excessive and of questionable judgment. That does at least two things:
1. It completely sabotages the stock's ability to rise. At $2.60 that is an instant double. In fact, if I were them I'd raise the $13M right now and sell the stock over the next 3 months for a 50% gain and book a $5M profit. How do you walk away from a $5M profit when you can sell for an average price of $1.95? You probably don't.
2. It further dilutes the value of existing shareholders by another 10M shares. Sure, it can produce $13M in cash for the company, but with the size of the deals they are slinging around I'm not sure they aren't shuffling around huge sums just to keep one step ahead of the next creditor in this acquisition roll-up strategy they are executing.
Clearly this management team is playing fast and loose with the share structure and they are probably doing it now that the stock is no longer sub-dollar when they can raise real cash selling stock.
But this looks like a dangerous gamble that their roll-up will generate revenues and earnings that service their growing mountain of debts. And I think that they are gambling can be seen by their looseness in announcing an uplist application when the stock was trading at half the normal required share price for a Nasdaq listing.
Maybe they were gambling these recent PRs would start spiking the price and maybe they gambled they could keep the note holders from their dilution held in place long enough to let the stock go up. But maybe these guys holding shares don't play ball and the balancing act unravels and the dilution bites them in the rear end before they can do their acrobatics to get the share price higher. That's what it sounds like right now.
Yes, Cornell is a well-known seller of shares as soon as they are disbursed to them. They almost never hold and invest. Their whole lending business model is predicated on instant returns plus leveraged returns in the case of convertible debentures where they can go short against you in order to receive a larger amount of shares against the current trading price.
There is nothing good about being in bed with Cornell. In fact, you would not expect a company to be doing business with them at this stage of their development. Companies go to Cornell when other higher quality financiers won't do business with them.
It has been almost 3 weeks since the uplisting application PR and I see no indications yet that was a legit thing for them to have done. I remain more skeptical than ever about what this management team is up to.
You are so right and there will be people loading up on SLB to take advantage of that unwarranted dip. It came on a day when other companies had bad earnings even though SLB rocked with theirs and they were affected by the markets overall more than anything. The fact SLB is doing so well is very bullish for DPDW because it means SLB has the cash to spend on our company's products. The long term outlook for offshore and deep sea work is very positive and it doesn't mean squat what any analysts say about today or next week.
The analysts always protect their own reputations first and very few go out on a limb on anything. And the analysts making broad market predictions are not finding the DPDW's of the market. Dahlman Rose is. And the Tuohy Brothers. And their clients recognize their recommendations to buy growth early on, something which has zip to do with investing your dollars in companies that are already large caps. Buying DPDW stock now is opportunistic and that is not something the mass media understands.
Apparently you have not read their other DPDW posts. They've been cut plenty of slack already. Yes, their post was likely intentionally subversive in nature because they were agitating for the stock to go lower before so they could successfully flip out and then get back in. Then they sort of apologized and promised to be good. And now they are back to their old ways because they are hoping to do the same thing again. No, they are not so innocent.
Do you only post to ask questions as if you need your hand held to decide everything you do in the stock market?
If you are long what do you care anyway?
If you are a trader why are you asking us?
Sounds reasonable to me. Word I've gotten is this is a cost conscious company.
And the Catch-22 is you can't complain on the board itself because that is a, you got it!, a violation. I try to limit my messages to the Admins on this stuff, but enough is enough!
And they put crap in their profiles about their belief in god while moderating a board and working to crush the truth and aid and abet the corrupt companies they got stuck in and now will do anything to get a pop to save their own skins at the expense of any newbie that walks into the trap they set by deleting truthful facts about the scam they are backing.
Phew! let me catch a breath
These phony christians make me want to puke.
Update on new tactics of mod censhorship. One or some of them now wait several hours before deleting on topic posts they don't like hoping nobody will notice them missing. New tactic, SAME SLEAZY GAME.
In terms of trading and PPS, this week was superb when put into the context of the past month and particularly in relation to last week where significant gains were registered and have all been held.
Look at the charts. We had an extremely strong week here with no news. This week we saw DPDW shares consolidate into stronger hands in a price range that basically exceeded all but a tiny bit of the volume from the price ranges the week before. In other words, this stock remained under accumulation and was very strong.
Today was comparatively lower volume. The closing price of this week retained all of last week's gains which is very bullish and it did it against broader trends where other stocks did not do so well. There was some mild slippage in related sectors today and if not for that we could have easily closed above $2 for the week.
All things considered, DPDW looks like a tightly held stock with a low inventory of available shares. We are in line for solid continued developments from the company from here going into November so the set up within this week's trading range was quite excellent.
But he won't.
Are you willing to give up your short theories then?
Because you will have to if this idea of yours can be supported.
Because any shorts by the MMs will be covered by them gathering all the 1s sold into the bid for their covers and not for any retailer to accumulate or for INXR to buy.
No, you're wrong probably simply because as long as MMs actually allow the stock to keep trading (and they don't have to since it is an unsolicited pink sheet with no MM signed on to support trading of it) they will only allow this to trade if they are able to buy at 1 and sell at 2. Otherwise, there is no motivation for the MMs to even transact trades in this stock anymore.
But even if you had your wish, buying back the float would be like this
7B x 0.0002 = $1.4M
Not going to happen, not even at 0.0001 and $700,000
They use their money to pay themselves those big salaries they said they don't collect or they pay their other liabilities or they spend it on TV commercials and tech support but to think they are going to take the money the got by selling shares at 0.0003 in order to buy them back lower is not credible.
Why should they? They can reverse split and start printing shares again and book another few hundred thousand in cash before you know what hit you.
Eternity can wait. The next decade is just fine by me.
Tapco, FaceBook was built initially by a $15 an hour programmer hired off a job site on the web. The initial outlay for a company now valued in the hundreds of millions in a couple of years was about $10,000. It is an irrelevant question. There is a ton of high quality talent out there for $15 to $100 an hour or equity participation. $1M to build a L2 module is actually very excessive. I was being overly generous. I have background in relevant industries and I know $1M would allow you to build something significant.
You are talking about a $2 stock and its own potential regardless of how high and how long you believe oil will rise. This is a service sector company that will grow due to increased offshore activities, not an oil company or refiner.
And there is another reason Drew claimed the value of the software is $1.5M. Recall he has the right to claim 35% of GROSS revenues to reclaim costs. By putting a higher number on the value of the software he effectively guaranteed that 35% of the next $4.3M in revenues iFinix booked would go directly into his pocket. And that does not even begin to address them servicing their other $2.7M or more in debt. As you can see, it is impossible for their products to ever generate the revenue that can turn a profit as long as the product is held by INXR.
Glad you like DPDW. I'm probably the biggest shareholder from iHub and believe it has not just significant upside, but is also an intelligent place to put money as a hedge against the broader macroeconomic risks posed by rising oil prices. This is where I state some of those ideas:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=23818819
It is a seriously compelling stock. Well worth your time and effort. Good luck
I understand and appreciate what you are saying. You are being the most creative minded person in approaching the situation which is a natural response to the context you find yourself in.
To be fair, I will give you the 3 components of potential value here:
1. Management - Negative value
2. Product - Marginal value
3. Pink Sheet Shell - Current value due to OS reflected in share price
Per removing management - you can't remove them (CAN'T HAPPEN) so the only way would be if they were to sell the shell.
Product - Start from scratch is better, but should you want to build it up the only way to make a profit from it would be if they sold the rights without selling the shell to you and the liabilities attached to it. In other words, the ONLY way the product could be touted as beneficial to another entrepreneur is if they acquired it without also acquiring the debts of INXR. You realize this means nothing for INXR shareholders then.
Creatively speaking, I cannot see a way around the debts that would make any takeover desirable because all efforts to build up the product into a success would see any revenues being drained by servicing their debt obligations.
Therefore, if the product has any value whatsoever it is only if it is detached from the control of INXR and that leaves shareholders empty handed.
I wish I could imagine a scenario that would satisfy the debt requirements and allow someone to step in and build the company into a success for you, but I am at a loss as to how that could be accomplished.
Ever since I found this stock, when I've had funds to add I have not once second guessed the price to pay and have bought on the Ask. Many people have repeatedly found this to be the right thing to do for them as it has paid off for me. If you want to own this stock, don't gamble on where the price will go next because it has a tendency to take off without warning and force you to pay substantially more. Those who have not hesitated have done the best with DPDW.
The trading is curious. Sort of like watching fishermen standing in a river with their waders on holding rods ten times the size needed tentatively dropping their lines into the water.
This is also true. Now is a perfect entry.
Whereas some traders don't hold stocks over the weekend, after a quiet week on the news front for DPDW today seems like the ideal day to prepare for next week and take your positions after a solid few days of consolidation and in anticipation of what has to be a full PR pipeline of news.
Great. Thanks for posting the link. Interesting read, isn't it?
You're welcome and thanks for the pix and Mako feedback. I'm not ready to invest in alternative energy because I'm trying to get to $50M so I could then actually invest long term in an alternative energy concept that actually leaves the world a better place. But it is still early for many alternative technologies because of politics.
As an oil patch guy you know the big oil companies still control Washington DC and as long as there is money in oil they will ride it for all its worth. Sure, you can invest successfully in solar power, but many more lost money doing it so far. There have been rapid speculative sector rotations into solar or ethanol, but most of that money was hedge funds playing the political tea leaves, not true investment commitments.
We know the decision to base ethanol production on corn has been a complete disaster. Brazil did it with their vast (and more suitable) sugar cane production which can be used for sugar production too, but is not the staple for so many any other agricultural and livestock products. Now we have destablized corn markets and a stupid inflationary effect on animal feed and many foods that use corn in its ingredients. Our politicians are not too bright about alternative energy decisions thus far.
The question is not whether there will be more nuclear power, ethanol, solar, wind power, hydrogen, etc. but there are massive question marks about the lack of intelligence from the top. With whole streams of political thought claiming to be free market oriented and non-interventionist you are seeing the abandonment of intelligent central planning when it is clear to any educated person that reinventing global energy supply = saving our environment from total disaster and this is not a free market question, but can only be addressed by a global governmental consensus and collaboration.
Since the U.S. per capita is still the biggest consumer of energy we can change the whole future of the globe by having good alternative energy policies, but we don't. So we not only have lost the good will of the world with the failed Iraq incursion, we are also ceding our last chance as a nation to take a positive leadership role that will enhance our standing in the world. Since I don't expect China or Russia to do it either, I am concerned because I don't think free markets address environmental devastation without governmental encouragement.
So I fully expect big oil to squeeze every dollar out of oil production and the speculative fervor of rising oil prices due to scarcity of supply plays directly into big oil's hands. I know it means the incentive to go deep into the seas will be economically green lighted. So I will profit from it with some moral ambivalence, but I know it is inevitable. I hope to someday funnel the profits I make off the inevitable into something that can counter the effects of these developments. Its a double edged sword, but at least I'm aware of the implications.
I agree. At any moment DPDW may never see the prospect of below $2 again. One PR and all who hung around hoping to add could be left in the rearview mirror yet again. Seems to me that morning dip must have been a It was the hunting party poaching GTC orders in the 1.80s. That would explain why very little was purchased there by anyone else.
Pick up the current issue of Atlantic Monthly where they have a before and after graphic of the Khandahar oilfield in Saudi Arabia. Major shrinkage. Basically, they are increasing production efforts while output has decreased. They are still MAJOR producers, but it is dropping. They are spending more, putting in more wells and the clock is ticking as to when Saudi Arabia can no longer be the buffer producer in the world supply. Without them upping efforts at different points, there would have been major oil shocks in the past 24 months as the global daily demand would have had a shortfall they otherwise were able to cover up.
Simultaneously, the China effect is severe in that they are pushing into any areas in Africa and Latin America they can to get a claim on oil production, not to mention their taking stakes in the oil sands in Alberta, Canada. China is become the world's biggest polluter rapidly and before long the emphasis some people give to the U.S. as having imperialist policies will shift to China too. Whereas China got their foot into the doors of some third world country oil opportunities because they played on their being the anti-American alternative China has played their cards to the point they are now seen by many of those they've done oil deals with as violent and underhanded as any other large country was before them.
AND the real dominant factor is now Russia. Not only do they have the most oil and will take the reins as the dominant oil producer, they will only grow in influence as America-friendly Saudi Arabia's capacity starts to decline. As the Northwest Passage thaws you will see Russia try to pre-empt claims in the North above Canada partly to expand their claims, but also to prevent others from getting anything that does not come from Russia.
All of these competing superpowers are carving up their geo-political plays. These are yet more reasons you'll see the Gulf of Mexico explode in exploration activities.
It definitely is possible to replicate the net result of that chart but I must say our lead-in to the rise beat's FRPT's long term chart hands down. I do get a few chills looking at the move from $2 to $5 on that chart because there is a definite factor in how DPDW is trading that could produce a rapid double from the 2s.
With such heavy accumulation locking up what seems to be a very finite float I am convinced that by the time the ownership of the float has rinsed out the weak hands not only will there be no inventory of any size available, but it will not be offered up for sale again in any significant amounts before the stock has doubled.
This is directly due to DPDW being a rare early-stage insitutional accumulation target. Even those stocks that do climb over $4 and uplist often do it longer term WITHOUT the benefit of analyst support which usually comes AFTER an uplist.
Now the correlation with FRPT regarding this factor is quite important and you can point to their chart to explore these points. Force Protection was NOT your typical OTC stock when it was $2 due to major media exposure and well known interest by the military and active support by their state's politicians.
Therefore, FRPT's exposure would have resulted in a different shareholder profile than most $2 stocks and you can see the result of that accumulation and then almost a straight line spike from $2 to $5. And that is also why you should now consider the implications of DPDW's chart vs. FRPT's chart.
Whereas FRPT recovered from a big sell-off before it became accumulated up to the $2 level, DPDW has had ONLY steady accumulation rising steadily towards this current $2 level.
This means there is less time needed for DPDW to lift off from $2 than FRPT needed. FRPT may have had a larger float at the time as well, but technically DPDW's lead-in and set-up is better than FRPT's was in every way.
Yes, yes, great reply. I doubled my position in DPDW this week due to its very low risk exposure and positioning in more than a hot sector, but what may be a runaway bull plus a hedge against failing sectors should there be major market downturns.
There is always a bull market within a greater downturn if you know where to find it.
And consider the immediate correlation of this effect:
Rising Oil Prices = Inflation
Inflation = Possible Negative Markets in many sectors
BUT
Offshore Oil Services benefits from what harms the overall economy and other market sectors because higher oil prices triggers yet more capital expenditures on offshore oil exploration and development
AND
DPDW may be one of the finest candidates for a stock with exponential growth potential within what may be one of the hottest sectors in 2008. If so, that may make DPDW one of the top stocks in ALL of the US markets in 2008.
So I have weighted my position here more heavily than before due to more than its enormous upside, but its risk minimization for my portfolio and as a primary hedge against (and benefactor from) rising oil prices.
When you add in yet more risk factors (including the ones you mentioned), you also find DPDW avoids additional risk exposure due to:
1. Not involved in property speculation or ownership
2. Not holding assets in foreign countries, just filling any contracts in foreign locations
3. Heavy amount of projected work domestically in a booming Gulf of Mexico further avoiding political unrest and terrorism factors
4. Most likely benefits from increased business due to what hurts offshore oil facilities, namely disruptions and damage due to hurricanes
For so many reasons in my analysis, I have concluded DPDW has the best matrix of risk/reward factors in my portfolio right now
Double Trickle Down Effect for DPDW. Once oil prices are confirmed at these higher levels the economic incentives justifying capital intensive offshore exploration gains a momentum that once rolling will not stop for at least a decade. This macroeconomic trigger has been expected for some time, but you only have to look at past oil price levels to know there are certain price point thresholds at which different forms of exploration get bankrolled.
In the past decades there were many junior wildcatters that went out of business as oil's price per barrel dropped. Some used the $40 a barrel price as a benchmark which justified drilling new wells on existing properties.
You will certainly see a whole new bunch of OTC companies promoting themselves as optimizers of abandoned wellheads and smaller oil properties that were previously productive and are now promoted as being economically feasible to revive at higher oil prices. But most of those plays will be rubbish and not worth messing around with.
A company like DPDW may be an even better way to cash in on deep sea exploration for two reasons.
Less risk. You are not speculating on deep sea projects that take years to bring into production.
Instead you are right there in the immediate sweet spot of growth due to the need for equipment and services to build out those new offshore projects.
No risk due to being a provider, not an explorer and immediate impact due to revenues for services that we know will be needed.
I agree and beyond TA you can go straight to the price action and it has been obvious for weeks now that many accumulators pay the Ask because they know what they want and they are not taking any chances of being left out of position by not being invested before the stock moves up yet again. They understand that and do not hunt for every dip or worry about it.
Please realize ARCA is not one entity, but whomever decides to route an order through the Archipelago ECN. Therefore, whether someone decided to place a GTC order at $5 means nothing about ARCA's intentions because you cannot determine who else will use ARCA and when and how and why.
The instant another seller places an ARCA order below the higher one it does not mean the higher order has been pulled, it just means L2 is only showing the lowest ARCA offer on the Ask.
Here is a cached web page for Flotec since their site is not loading for me right now. It is cached from 10/12 so Google's web crawler probably archives it once a week and this was Flotec's home page from about a week ago:
http://209.85.165.104/search?q=cache:JsEEgzlfqAMJ:www.flotec.com/+flotec&hl=en&ct=clnk&c...
It is indisputable. Good to see ongoing confirmation.
I just figured that out. Thanks. It looks like it is part of the Matrix $30M order for floatation gear which is what Flotec specializes in.