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Now DRCO is at .30. The idiots.
It's like a sieve. Just amazing. There trying to plug the holes, but we just keep bleeding. I feel its nearly criminal. Cannot blame DPDW though they are trying.
Hydro Power--Certified Organic. I like that. I think I want me some Hydro Power!
Newborns on IHUB means nothing. You cannot accurately judge a person based on how long they have been an IHUB menber.
I did not mean I personally had a problem with the name, but early on I knew it was a name (OG Original Gangster) that might not be accepted well with some of the public. At the time (when it went from .05 to .10), I felt it was best for me to pull out. Actually I pulled out early, so I was not up with those who had sold at .10 or more. Now they have changed their name. Because of that and some other reasons, such as getting product out, I have more respect for the company.
Sub Penny. I can hardly stop Laughing. If this went anywhere near sub penny, I'd be maxing out my credit card with a huge cash advance to buy what I could, and so would a few thousand other people. Do you realize that there have only been about 2.9 million shares sold below .80, and some of those might not be real anyway. If this went below .40 for over a month, I'd probably worry a little, but it has only been under .80 for about 20 days.
I'm not happy about this, but wining is not going to help.
Newborns on IHUB. I may be new on IHUB, but I do post about DPDW, and I post on all kinds of companies on HSM, so I don't know what why only posting on 2 co.'s on IHUB is so significant. Do realize the time it would take to keep up on more boards than I already do?
As far as the dilution goes, I see nothing to prove that the co. has recently sold any large number of shares. That is not to say that they have not sold or should not sell any shares. There no denying that much of the sell-off was because of the delays, the situation with the OG name, and bad PR. I originally sold out partly because of the name. I am now much more confident that they can make it and be flexible enough to adapt to changes.
Great to hear that.
A little more milk for the winers on here. Oh but was it enough? Was it all true? A little sarcasm there for you.
Amen, Right-On, Well Put. Some of these people sound like a bunch of Jr. High students. Is this the adult board, or am I in the wrong place? The management is doing a lot more than some of the other companies I've ran into out there. There must be very little understanding of what it takes to get a business going. It takes meat/solid food eaters to put up with a the bumps and delays. If people want somebody to hand-feed them milk, than this is not the game for them.
Fear not the silence. Unfortunately shareholders are often left to trust what's going on with most companies. If we cannot handle some of that then we should not be playing stocks. Some are better than others, but this tension is very common with most stocks--even the ones traded on major exchanges. Stocks get whacked, shorted, blind shorted, etc. with the big boys too, and shareholders are left wondering what the heck just happened all the time. I had a great co. w/ awesome numbers drop 14% in two days recently for no good reason. It has since rebounded, but I was pretty much left in the dark as to what was going on or who to believe.
As far as who I spoke with, there is nothing going on that would indicate that anyone would lie to me as to who they were. I asked if the person on the phone was Jim Brown, and he said he was Calvin Ross. There is no reason to instill any doubt about who is running the company. I doubt Jim Brown would not allow people to impersonate him to steal our $.
RE: Don't know who you are talking to? I did not have that problem. I left a message, and Calvin Ross called be back and told me he was Calvin Ross. I have no reason not to believe him. I don't know what the problem is if somebody else answers or returns the call. Half the people on here seem to think that all these start-up co's should have full-time operators answering the phone whenever you call. It is hard enough to get that kind of service out of some bigger companies. They are making progress, and that is what is important. Hall Of Fame just isn't going to be a multi-million dollar co. overnight.
How many cheap shares are there though? How can one say that there are that many cheap shares out there? My reasoning tells me that the people willing to sell cheap shares at .20 would have rather sold when the price was still above a dollar, and I believe that is were most of the cheap shares went. That is not to say that this cannot be shorted or blind shorted from one level to the next. There are a lot of possibilities. There are all kinds of people who probably want cheap shares in DPDW, so they could be making it drop to run through the stop losses. I all the longs decided to sell out to the manipulators, than it probably would go a lot lower, and the rest of us would be screwed for a while. However, it is still just a matter of a relatively short time, and it will be back over 1.00 IMO. There is just too much going on in the company to deny the fact that DPDW could easily go up significantly from here.
Nobody said $ stock is not possible. However, it should have never IPO'd at 3.00. There was nothing to show for it at that time. That does not mean the company cannot grow into a small-cap stock, and it would be unrealistic to say such a thing, because we do not yet have the information needed to make those judgments. In fact, though we have not seen the profits yet, just the fact that the product is getting out makes this worth a lot more than where we are now IMO.
I'm not sure what the point is. The mines operate like that for years. OGNA has only been in existence since last summer. It takes time to get things going, especially when you have people beating you over the head along the way. I have to admit that I did a little of that myself over the gangster issue which I mentioned they seem to have fixed with the name change. I did not personally have an issue with the old name, but I felt that it was not worth putting the business under heavy opposition to save the name. Anyhow, if some of you know everything about how to start up a business like this, and you know how to make the big $ faster, I'm sure there are many people on here who would like to hear how it's done.
If you want news, read it or call/email IR. I did, and I got answers. They are doing what they can right now. They got hit hard by those people over in NY about the gangster stuff, and they fixed that issue. They got hit with bad PR from Investisource, and they are picking up the pieces. If people want to make 500% in a a short time on this, they should just move on and watch the longs realize the big gains down the road.
If you really want to be a part of this, do a little leg work for the company and get the word out that there is a new company hitting the drink market, and it's going to take the country by storm. When I called, Calvin said that they will be printing fliers to help gt the word out, so you might think about getting some to pass out in your area.
Not A Scam!! Don't listen to those people who say such things about this co. Do you really think Jim Brown and all the others involved would let scammers post their pics online and impersonate them to scam hundreds of people out of their $? I think not. Just because they have been a little slow at getting this off the ground, doesn't mean it is a scam at all. Do you realize there are thousands of mining exploration companies are out there w/ no mine and trading at 10X or more what OGNA is at now? The point is that it is worth waiting for this, because the reward could be great. I have a feeling that the average PPS in shareholder hands is at this level or above, so I think we have a strong base here. It was not below .03 for very long compared to how long it was bought up above .03.
You people who are weak and want to sell are going to miss out. This has held around .03 or more for this long for a reason. I do not know exactly why, but I would not have bought a ton more shares if I thought it was going to tank, and if most people thought it would tank, it would keep on going to .000X .I feel it is a unique experience to get in on a co. such as Hall Of Fame at the ground level and at such a cheap price at the same time.
Another reason I feel much better about this co. is that they were willing to make adjustments to be more in favor of the public. That tells me that they are not so prideful as to put business in jeopardy over small issues such as a name.
DPDW more than oil play. DPDW is not only an oil play. I have discussed w/ IR the potential of DPDW equipment, and it is understood that DPDW is in the business of selling equipment to whoever can benefit from the type of underwater equipment they sell. That could include military applications, underwater archeology, and other types of underwater exploration. Maybe we should start an ongoing list of all the applications for the equipment DPDW sells. Maybe we longs could come up with a few ideas to share with IR to pass on for even more increase in business.
.20?? What kind of calculation can someone make to figure this will test .20? Makes no sense to me my why anybody would think that IMO. That would be like someone overly positive saying it will test 2.00 in a month. I'd like to know what the average PPS is out there. I know a lot of people are in for .75 and up from there, so why, unless there are a lot of people out there with real cheap shares, would this test even close to .20. I'm not an expert, but we are a long ways from .20, and if it even goes to .30, I think more buyers will be all over DPDW so fast, it will go back up quickly.
Don't Worry Now--DPDW Higher Base Average PPS. I think that some of the recent DPDW PPS downtrend could be eaten up pretty quickly depending on where the larger % of holders average is at. My guess is that the average PPS could be as high as 1.00. In other words, there are fewer shares out there that were bought at these wholesale prices. Therefore, unless all the longs decide to dump early, I feel the PPS could go to 1.00 or more pretty quickly.
As was mentioned in an earlier post, DPDW is a pretty low floater, so that could add to the speed at which DPDW can go back up.
Because of these issues, I am weighing my position against the time at which the PPS was at those higher levels as opposed the lower levels. I feel that is another good reason for me to buy more at these lower levels. I don't think there will be as many shares at these levels, because there are a lot of longs in on this, and the longs will eventually win over the shorts in terms of number of shares held.
It would be different if DPDW had 5B shares to dump whenever they needed some change. In those cases, the average PPS out would not make a big difference, but that is not the case here at all. DPDW does not have billions of shares, and they are not dumping the shares they do have.
Feel free to comment.
Starting a position? If it is good to start a position here, then it is a good place to hold or average down--Deep Down. If a person had way too much $ in right now, and they needed to pay bills, buy all means downsize a bit man. The way I look at it, yes the $ could be put elsewhere, and that might mean a gain, but it could mean another loss, so you are taking $ out of a a stock that should be getting close to a bottom, and putting it in a stock that could go up, but maybe it has a long drop ahead, which could be more of a loss than if you had just kept a position in DPDW.
Google at P/E 39 or DPDW at P/E of 31? I think I'll take DPDW. Google actually had a P/E of over 50 at its high of around $700, and they did not even pay a dividend. Tell you what, I'd say that DPDW has more of a chance to double from here than Google does at $700, or even $500 for that matter. Google's earnings growth that great for it to be worth $700. If you want to see earnings growth, look at LXU with 417% earnings growth.
Kind of interesting. I'm down as much on DPDW now about as much as if I had bought Google at 700.00.
Up-Listing. The up-listing I hear about must be for OTC Prime or something lower than full Nasdaq, because I believe initial Nasdaq minimum bid requirements state that the bid has to be $5--I know it's a long ways from where we are now anyhow. Not that that is a huge problem. Some big companies just chose not to be on a bigger exchange, even if they can be.
Well we held above .50 all day. The shorters are not getting any cheap shares from me that's for sure.
Isn't there a good chance that this drop is because MM's are trying to get sellers to bail at a low PPS so they can buy them up and make big $$?
RSI and all that TA stuff. The fact is that internal things happen in a company that can and should blow the RSI and all the TA stuff away. I'm not saying that has happened yet, but we might be getting close, so it is not always good to avoid buying just because some indicator tells you not to. That said, though I think it is oversold fundamentally speaking, we might not be at bottom yet. Nevertheless, I bought more today.
Just think if somebody is shorting it and will have to cover. With more and more good news, the shorts will get squeezed till their heads pop off.
Never been so disappointed to buy such a cheap stock today. Just bought 800 more shares @ .53. It was a lot easier than it should have been. I'm averaging down from 1.05, so that is why I cannot say that I'm exactly thrilled about the whole thing. They better start stopping the bleeding though. Someone should be hung for letting my buy at .53. Kind of for a great company. If I had the $, I'd buy a few million shares until it is up where it should be, which is a lot closer to 2.00.
Chart Experts? Any clue where this is headed? I want more, but tired of predicting bottom and then have it drop .20 to .30 after.
What is up with that!!? That is wrong. Any idea how low it might go chart experts? I want to average down.
Correct email address? The DPDW IR email address on here on IHUB bounced. DPDW shows a different address for IR.
Anybody care to guess the average PPS for the holders on this IHUB thread. I've been averaging down from 1.05 for the past month. I remember when I thought .75 was the absolute quick reversal buttom. This slow motion creeping lower is disappointing, but I just keep adding more. My biggest portfolio position is in DPDW.
Is it possible that there is some blind shorting going on here? Who would be selling at a time like this? I think it would be very risky to try to short DPDW any more, because it is bound to take off any time. It is looking good. A lot of buzz out there. If people stop shorting this on any little run, I think this has a chance. The shorting may be part of why we are here anyway. I know I lost interest when it was shorted on every 15 to 20 cent jump. I we hand on to at least most of what we have, then it will create a lack o supply, which will sent this way up when more people want in.
Something I found about deep oil exploration:
RSS
Pumped Up: Chevron Drills Down 30,000 Feet to Tap Oil-Rich Gulf of Mexico
By Amanda Griscom Little Email 08.21.07 | 2:00 AM
The Cajun Express has bored the deepest offshore well in Gulf history.
Photo: Michael Sugrue
Feature
Drilling Fields
"Isn't this transcendent?" Paul Siegele shouts as he presses his nose to the window of a Bell 430 chopper hurtling through a sky thick with rain and pitchfork lightning. We're flying over the Gulf of Mexico, above some 3,500 oil production platforms, and Siegele is pointing them out with the verve of a birder — here a miniature oil rig known as a monopod; over there a drill ship almost as big as the Titanic; still farther out, platforms looking like huge steel chandeliers that dropped out of the storm-shaken clouds.
Siegele has reason to be giddy. He works for Chevron, and his team is sitting on several new record-breaking discoveries in the Gulf, a region that many geologists believe may have more untapped oil reserves than any other part of the world. On this trip, the 48-year-old vice president for deepwater exploration has come to a rig called the Cajun Express to oversee final preparations before drilling begins on the company's 30-square-mile Tahiti field.
Looming like an Erector set version of Hellboy — with cranes for arms, a hydraulic drill for its head, and a 200-foot derrick for a body — the rig appears at once menacing and toylike. But the real spectacle is below the surface: A drill is plunging down through 4,000 feet of ocean and more than 22,000 feet of shale and sediment — a syringe prodding Earth's innermost veins. That 5-mile shaft will soon give Chevron the deepest active offshore well in the Gulf. Some land drills have gone deeper, but extracting oil from below miles of freezing salt water and unyielding sediment creates a set of technical problems that far exceed those faced on terra firma.
Minutes after we land on the Cajun Express, Siegele gets some bad news from Ron Byrd, his weather-beaten site manager. "The junk basket is stuck way down there on some debris," says Byrd, who has captained offshore rigs for more than 30 years. The junk basket is an 8-inch hunk of iron that runs up and down the entire length of the drill hole on a piece of wire, scraping the well clean before sensitive production instruments are dropped in. It's a particularly important device when drilling offshore, because the presence of the ocean pushes debris, mud, fossils, and other muck into the hole.
Siegele, who is a lanky 6' 3" with a mild, professorial manner and a boyish mop of brown hair, winces almost imperceptibly. "Just a little bump in the road," he mutters. Technically, it's a million-dollar bump. The crew will spend 48 hours fishing the jammed tool out of the hole, halting all other activity on a rig that costs over $500,000 a day to run. But this is chump change to Siegele, who has an annual budget of more than $1 billion. "If snags like this didn't happen so frequently," Siegele says, "you'd probably let them get to you."
It's just another high-priced mishap in the world of ultradeep-sea drilling — the newest, riskiest, and most technologically extreme drilling frontier. Today, deep-sea rigs are capable of reaching down 40,000 feet, twice as deep as a decade ago: plunging their drills through 10,000 feet of water and then 30,000 more feet of seabed. One platform sits atop each so-called field, thrusting its tentacles into multiple wells dug into ancient sediment, slurping out oil, and then pumping it back to onshore refineries through underwater pipelines.
It's a business where huge sums are lost (two years ago, BP suffered a $250 million blow when a hurricane took out one of its platforms) but even more can be made. The mother lode of oil in the deepwater Gulf is so significant that Tahiti and other successful fields in this region are expected to soon produce enough crude to reverse the long-standing decline in US oil production of about 10 percent per year.
Even better, a recent discovery by Chevron has signaled that soon there may be vastly more oil gushing out of the ultradeep seabeds — more than even the optimists were predicting four years ago. In 2004, the company penetrated a 60 million-year-old geological stratum known as the "lower tertiary trend" containing a monster oil patch that holds between 3 billion and 15 billion barrels of crude. Dubbed Jack, the field lies beneath waters nearly twice as deep as those covering Tahiti, and many in the industry dismissed the discovery as too remote to exploit. But last September, Chevron used the Cajun Express to probe the Jack field, proving that petroleum could flow from the lower tertiary at hearty commercial rates — fast enough to bring billions of dollars of crude to market. It was hailed as the largest publicly reported discovery in the past decade, opening up a region that is perhaps big enough to boost national oil reserves by 50 percent. A mad rush followed, and oil companies plowed more than $5 billion into this part of the Gulf.
So much negativity here. OGNA is not being sued, so I don't see why that would stop them from progressing. The product in on shelves as we speak. 7-11 is not going to turn down Hall Of Fame because they are suing their former IR anyway. There are thousands of opportunities for Hall Of Fame to explore for possible outlets. That's all I'm talking about here. They have the capacity now to supply those outlets, so Hall Of Fame just needs to get hooked up with outlets, and this will get rolling.
What do you expect them to do--sit on their hands until the lawsuit is over?
Schlumberger Could buy DPDW. I think SLB could easily buy DPDW. SLB has 3B in cash and they net 5B/year in income. DPDW is a drop in a bucket, and if DPDW's products give a co. a significant edge, big companies could end up knocking each-other down trying to buy Deep Down.
OGNA Oregon sales. I am trying to get Hall Of Fame hooked up with 7-11's in Oregon through my contacts in 7-11 management. I talked w/ COO Calvin Ross today, and gave him the contact info. I also plan on looking into the possibility of getting distribution in Alaska where I currently reside. Calvin told me that there is no problem supplying the market when the demand for the Hall Of Fame Products ramp up. Therefore, the sky is the limit. We the people must now do our part and do some footwork for OGNA and get the word out nation-wide and then internationally. The great number of shareholders, spread across the country, who are in this to see Hall Of Fame through to success can do a lot to make this take off and quickly.
RE:(Hydratomic)yes you are correct this is a tough
If you don't mind saying, what is your average on OGNA? I unfortunately just averaged up to about .033. I should have bought more in the .01 to .02 range. I doubt it will go there again unless the MM's manipulate it as they often do. For example, it jumps up on good news this morning and then descends to below the week average, which is probably closer to .035. I basically put myself in the hole (temporarily speaking) today, when I was way up on a small number of shares for well over a week. I believe this has potential to go at least to .10 to .20 short term, but it will be a long time to get people interested in it at the IPO PPS of $3.00. Retirement on OGNA? I'm not sure if I'd go that far, but certainly potential for some big mulitbagger profits here.
If you do not mind Hydratomic, tell me some about what you foung through your research. I stated my reason for a positive outlook on my previous posting.
OGNA should go big time. I think I jumped the gun a little at .034, but 3 or 4 cents will be meaningless when this goes back to .09, and I think it has potential to go to .20 w/in a year if they keep their stuff together. Looks like they are trying to please the public by changing their name to Hall Of Fame. I think today we are just buying the people out who bought at .01 to .02, and strengthening a base at .031 to .036 or so.
My overall reasoning here consists of the fact that the O/S is not too big, we have had a week of great support at .03 and up, and Jim Brown and his star friends will do their best to keep the company afloat.
I think any major drop in PPS will be because of MM manipulation, or possibly a long wait between PR, and if it does drop, I only plan on averaging down.