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Nothing scares individuals into dropping the ask like a miniscule amount of shares trading at a lower level.
I know I will not get a response to this question because no one reads this board....but here goes anyway. Yesterdays bid was .061c appx...and the ask was .30c, if I remember correctly. So how is it that 100 shares get "traded" at .185c or thereabouts? How is that explained? No one I have put that question to, including brokers, have been able to give me an answer, yet the Hubble telescope has peered into the vast ranges of space and found exoplanets that could support life like our Earth. I guess that indicates that the "Market" really is a dumb place.
Funny......
Just pure speculation......
Preliminary fourth quarter results and YTD are out. Sales and revs up over last year.These are Preliminary only...not detailed.
The only Lords who count here are the Lords of Deep Down. All the rest are serfs.
Now that oil is off the Canadian governments agenda ( due to its rapid drop ) it appears that said government is going to focus on assisting the manufacturing sector. I guess a lesson has been learned in not keeping all the eggs in one basket. Plaintree could benefit from any Government incentives or tax breaks aimed at Canadian manufacturing companies.
One would think that the considerable drop in all fuel prices would help the bottom line, from cost of production to lower distribution costs.
Such miniscule trades.....how does one justify a trade of $18.00, but it seem to happen frequently with this stock.
That is a gross assumption!...... 'Apparently' and 'impression' constitute no concrete evidence what so ever. I do concur on keeping the info stream available.
Always someone willing to drop the ask......non confidence vote.
To be delivered and deployed in the GOM by the first quarter 2016.
Put the Alpacas on the board in place of Carden.....that would remove any religious influence and increase the intelligence level somewhat.
Chapter 11....and I am not talking about the bible.
Since from what my search info indicates:..... that Dec 24 was the last day for tax loss selling in the USA, I can only assume that this is just being "dumped" at present, for lack of confidence in the company.
So...... only 5% of todays volume was in the .80c & .90c and all of a sudden Deep Down has changed it's direction from negative to positive. Santa is bringing all shareholders dump trucks of coal compliments of Ron, the boys and girl ( can't forget Mary ). Monday, Monday, don't trust that day.
Wow....there's a big tax loss sale....$ 18.00. A Case of really cheap watery beer.
Has it ever been mentioned that their products would be aimed at a North American market? It seems to me that the Asian market would be more beneficial to Transakt.
Some entity is working at keeping the price pumped slightly up.
It's that time of year.....if I remember correctly last year at this time it actually dropped to .005c for a very brief time......just one or two trades I believe.
Fundamentals.....charts....technical analysis.....all have succumbed to the Crystal Ball. Never discount the occult. Of course...mismanagement, greed, idiotic choices, and just plain stupidity helped to achieve Deep Down's present state.
Well....that was a colossal goat f**k of a day. Good thing I got out on the last promo.
Some person or other entity appears to be trying to manipulate others into selling through scare tactics......250 shares dropped this a full cent, after thousands changed hands at six cents. Beware of a wolf in sheep's clothing.
.11c more to go, and my crystal ball "Deep Down" prediction comes to pass. I guess it was not in need of service after all. To be fair though...it is a measly 200 shares at .86c.....could be an entity doing a little shake and waiting for the primates to fall out of the tree.
One would think that investor/speculators in this company would be purchasing their products to heal their own wounds caused by this dismal stock performance. Is this company broken, and beyond being fixed? How much trust has been lost and never to return?
How long before this is taken to the ultimate limit....Bid .06955667788999c!!!
Negative....
Deep Down is heading very Deep Down....expect .75c and lower. The doom factors....non existent management combined with greed, plunging oil price, fairy tale predictions of impending contracts, and.....well, I think that should be enough for now.
Profitable 2nd quarter......Rev 6.7Mil...Net income 1.04Mil. Net income is up 240K over same period last year. Don't know why this info is not shown under news at top. It doesn't show up on the useless FINRA ( old OTC ) site either. It was released this morning pre market opening. It is listed on Stockwatch site, but doesn't even show up on the Canadian National Exchange (CNSX).....the exchange that this company trades on in Canada.
Is that a free service?.....because the OTC, while it did not have level II bid and ask for most stocks....one could see all the days individual trades that had taken place.
Ouch...last trade at .03c
Well...FINRA, which has taken over the OTC has totally screwed up a relatively good system. No longer can level two be viewed to see what the value, and more importantly, the size of the last trade. The latter helps to see if a paint trade has occurred. Information is so buried in thousands of companies now, that it is difficult to trace anything. Does anyone here know of another site where complete prices show up, and include a trade by trade breakdown of the days volume, and has the added feature of entering a watchlist which is more comprehensive than what is currently available on FINRA? Sometimes stuff should just be left alone......if it ain't broke....don't fix it.
What is with that .0809c ask! Round it off to .081c or go to .085c. Just seems petty to me.
Quarterly report is out.
You are forgiven.....now hurry up and get your costume on....it's Halloween. I am going out as a senior citizen....oh, wait a minute...I am a senior citizen. Maybe I'll get more candy or depends.
500,000 X .0809c = $40,450.00
$40K....looks like someone is planning a pretty decent Christmas present buying spree.
Only to Gary Smith.
Hmmm......Secrets coming out of the land of secrets.
Oops....first "in" s/b is. Apparently the shop states that the damage caused by Deep Down's information is permanent, and the orb will have to be replaced. I believe the technical term referred to was " B/S overload " which damaged the atomic structure of the crystal. Another more powerful orb has been ordered from Wal Mart.