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Less than 10 days ago we were trading about .005, so how can price be going up unless you are going to saddle your spin horse to todays tiny rise from the 20% drop over the last two days?
At this point, there is no denying that the stock is on life support waiting for Moran to drop the "big news." May I remind the board that we have been in this exact same position for four years. Go back to November, 2016, for example, and you will see that the board was excited anticipating a big Vet's day announcement and of course, "the spectacular year end report" that never materialized.
Volume is low, interest is drying up and the market, as usual, remains highly suspicious of Moran who has a long track record of failure
Meanwhile, here in reality land, dewm continues its slow slide downward.
It’s out of gas.
Not my job. But here's a hint. Pick a day, probably any day and you will find a post pushing cheapies.
I know you are sitting in your space suit waiting for the rapture, so good luck with that too.
Are you seriously suggesting this never happened? Almost every day for four years “cheapies” have been proclaimed. There are probably 500 or more bull posts encouraging people to buy the cheapies before the “moon launch”.
Tell that to all the folks who were suckered into buying at .0172 when bull longs were proclaiming "last chance for cheapies". Sure, if you bought at .002, you might make a few bucks - if you could find a buyer.
Oh, but they have not failed. Price has been dropping sine surge to .0172
Check posts made virtually every day for the last year calling for a moon launch which I think any reasonable person would interpret as a call for a massive price increase. Accuracy would entail calling for a "failed moon launch and rocket crash".
Space and time preclude me listing each of the thousands of predictions.
What do you see?
Well, it's 11:30 and DEWM is down, volume is abysmal. Where's the big "ask slappage" and pps increase? Surprise, Surprise! - the opposite of what was predicted occurred.
We're watching. 40 minutes left before 11:30. Waiting for the ask slap that will send stock soaring. I guess we can also anticipate a massive increase in volume. This is a big chance to regain credibility.
Play it backwards. If he bought to support every prediction made, he'd have hundreds of millions of shares and the price would be a buck. We have to rely on history as a predictor of the future unless something radically changes to alter it.
Without insider info which you don't have, how can you justify such a prediction. You might as well predict we are going to the moon.
There is no evidence that this week will be any different than most weeks over the past four years. It's early but all indicators suggest further declines.
Time is closing in on Moran who has stalled us with fluff news such as the bogus free meals fiasco which seems to be nothing more than a scheme to sell 1000 meals to give to vets. While it's great to offer free meals to vets, it's shady to suggest that Willie and Moran are donating them.
Will it be "huge" like the weeks leading up to last years "spectacular" or "huge" like the moon launches or "huge" like the BS we keep getting from Moran?
Too funny. No presidents message from Moran ever amounted to anything. Predicting dates with dewm is a practice that goes back four years, also with zero accuracy. Remember all the scheduled moon launches and the “spectacular” predicted for end of 2016 - two of many things that never happened.
Ask any local legitimate charity organization what they could do for Vets with $10,000 plus whatever the amount of money and food that has been donated directed to Willie.
While it is admirable to believe "Marco and Company are truly genuine people and are doing their best to make Dewmar a success" it is also prudent to expect transparency, facts, and accountability which, unfortunately, Moran has not delivered
It is not unpatriotic to criticize a publicly funded company for its failure and non performance.
So, pardon me if I am suspicious of what appears to be yet another self-serving publicity stunt.
Of course I'm suspicious.
Questions:
How much food and money has already been donated?
Who, in fact is getting paid - servers? Moran? Willie?
Are they paying for restaurant rent?
What is the actual cost of each meal?
What happens to money donated in excess of $10,000?
Old Willie is a multimillionaire. Why does he need to "go fund" $10,000?
When we read of CEO's of many major charities receiving over 1/2 million dollars in salary, damn right I'm suspicious. Our local church puts on a major Christmas dinner with all the trimmings for about $2.50 a person, so $10 bucks is, in my opinion high.
This may be ligit, but once again Moran fails at accounting and accountability. Let's see the details.
At $10 per meal requested donation, they are donating nothing and are, in fact making money. The cost of providing the meal is no doubt far less than $10. , They claim to be donating 1000 meals which is probably at the limit (or well beyond) of the volume they can handle at the restaurant during the day, so any donated money will pay for the 1000 and provide additional money (aka as profit) to them. Moreover, they already have received donations of food and cash for the meals, so the question is why do they need $10 more per meal?
I may be missing something here, but it just doesn't seem right. The numbers and unknowns concern me. Something seriously stinks here.
No, green day not likely.
Moran chalks up another epic failure week. He never did deliver the lots of exciting news he planned for October.
Now, as usual, the faithful have regrouped around Nov. 14 expecting, against all odds, that Moran will get it done.
The lesson is always repeated until it is learned and it has been repeated here for over four years.
Moran needs to take a basic business course and talk to to some people who know what it takes to manage a company. Or better, still, hire someone else to run the company. It's obvious he can't do it.
How about three years of almost total silence and flagrant disrespect for shareholders. He even refused to answer emails. There is no cost for these essential components of good business practice. At the very least he could have done a better job of keeping us informed.
A legit company and a competent ceo know that accurate up to date fins are essential. Moran just can’t grasp this business 101 principle. There is zero excuse for this dereliction of duty.
A nice gesture, but once again Moran fails to deliver the news that is needed to resurrect this failing stock. He's had years to get the financial ship in order, yet he just can't seem to get it done. Perhaps, he should step aside and let a real business CEO take the helm.
Someone forgot to bring the rock music. All I hear is funeral tunes
"Slightest Red" Down 75%+ over the last two months or so, and down almost 20% today. That is not slight.
The narrative that this is a great "go to the moon" stock has worn very thin in light of reality.
The market is fed up with Moran's unfulfilled promises including the one that promised great news in October.
Trying to understand what you wrote. I think it needs punctuation.
The wait has been "almost over" for more than four years.
Moran is so inept that only recently has he has realized the importance of financial accountability. Is he really that dumb?
History tells us DEWM will be unable to sustain the gains it made. Already it has lost 2/3 and it appears it is again sinking. Learn from history. By end of the year if Moran doesn't deliver,we could be well belor .002.
With stock price falling and low volume, the idea that pps will soon go to .02 is absolutely absurd.
I'm totally shocked. Who would have believed that Moran would BS shareholders with exaggeration and overstatement?
Tell that to the folks bull longs talked into buying cheapies at
.005 and above. Remember how they said it would never drop below .005. And remember not so long ago when they called "last chance" for cheapies when this pos was trading at about a penny. For the most part bull long forecasts, when followed, have created major bag holders.
Moran needs to man up, meet his own commitments, and stop feeding bs to the market.
Good question. I took a wait and see. I had hoped the pps increase would sustain itself with volume and market interest, and maybe a pr.
But, as usual, the stock has once again began to slip. Moreover the increase only brought us back to the level we were a week ago, so it was pretty much a non event, particularly when we consider that we are down 2/3 from a couple of months ago.
Time and again we see that Moran can't pull it off. Dewm will not survive on fluff and useless pictures of Moran.
So, bull longs, where is the exciting news Moran promised for october?
Let's not start the brass band yet. We're only back where we were a week ago and any gain may prove to be very fragile.
The history for DEWM is a couple of days of surge followed by a big drop.
Yeah, he's a great guy, pps is soaring, volume is up, the company has a superb reputation, we'll soon be on the NYSE, we'll all be rich, and we'll never get another chance to buy cheapies as we'll all be chasing the price on the way to $10.
Let's get real. The stock is in serious trouble.
Well, here we are at the end of yet another disastrous week. The falling fickle f*in wedge was a complete no show and the pps continues to drop. Meanwhile, the faithful cling to the belief that Moran is actually capable of getting the job done despite years of contradictory evidence.
This is also time for the annual year end predictions beginning with the false belief that Moran will release news in October, fins shortly thereafter, then a "spectacular" year end report that will render all the bulls speechless. We been in this exact same position for 4 years, yet bull believers remain unconvinced that they (all of us) are betting on a lame horse.
There is always a chance with a lottery ticket. But, I don't buy a ticket, then tell my friends and family I am a winner before the numbers are drawn. Now imagine how they might view me if I did this every day for four years.
That's what it's like with Dewm bull long predictions, every day, four years straight, almost always wrong with not a single success predicting a bull rule that lasted more than a few days. At some point you just have to accept reality.
9999/10000 predictions that this is the last chance for cheapies have been wrong. Bull longs have a 4year history of almost total failure to predict. Yet, for reasons which escape me they post the same forecast every day.
With DEWM, paying attention to the indicators has almost always resulted in great loss of investment. Indicators have suggested turnaround for 2 months, and anyone who believed this and bought shares is now a bag holder.
Even the infamous falling wedge has proved to be a disappointment to the believers who have received a wedgie instead of a price hike.
My radar says price is continuing a slow drop. It would be catastrophic but the faithful have slowed it on their strong belief that Moran will deliver the news he promised in October.