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I think thats also why poeple are shorting.
Did you see that OTC chart of DKGR shorting from Apr 5-12th? Happens everyday, and sometimes for millions of shares.
Gotta love those who say you CANT short a pinkie... when legit online sites say otherwise.
So.
You are implying there is an investigation with the FBI, DOJ, or SEC... at one time, or ongoing.
So...
If there is an investigation, please show us any SEC filings against Drake or former employees. In fact, if there WAS an investigation, do you think they would compound it with a pump and dump?
and two... if there is not one, then your statement is either false, or... wait for it... THEY FOUND NOTHING WRONG in the investigation.
The board breathlessly awaits any formal or legal writ of an investigation, charges, etc... that you might have.
I KNEW you were hiding out watching what Mr. Smith called...
Inevitability.
Ummmm...
I guess you chose not to post the part where money has ALREADY been given.
Sad, very sad. What were you credentials again that made you an employee for the company in the past? Maybe its like Obama claiming to be a Constitutional Lawyer when the other day he proved he doesn't in fact KNOW the founding document and separation of powers.
That question is actually sad really.
You invested $5000 in something you didnt appear to have done any DD, and are now wondering AFTER THE FACT if it might be a pump and dump?
Must be nice to have such discretionary funds to throw around without thought and research.
In answer to your question, its not a pump and dump, and if you had read the board posts over the past month, and checked with the achievement they have done with Pinksheets etc... you would know before asking the question.
Looks like it may gap up and open with an Ask of .0067
What does TODAY have to do with 2 months ago?
2 months ago gasoline was at $3.35 a gallon. Today, it is at $3.85 average.
.50 rise = $250 billion dollars in less discretionary spending by American consumers.
Didn't 2008 teach you that buy and hold is dead?
Assumptions and opinion.
One day, we hope you will give us some FACTS.
Some guy on the board last night said he was selling today, and was getting out.
Probably some, if not all those shares are his/hers.
I would, but since the post was deleted, not much point in challenging the status quo.
But youre NOT passing... you keep coming back day after day to spread the good cheer of Drake is a scam.
Iiiiiiit's a Blame Bush, err Blame Clayton post.
Woot!
Last week you said they didnt have a phone number either.
Trying to go 0 for 2 here?
Because....
Maybe someone chose to make their exit strategy BEFORE they bought their stock, and had sell orders for that price.
Why would we knock someone for taking profits?
Either way, its manipulation.
Nez Pas?
Never knew a legit shareholder to continuously slam a stock they clain to own.
Doesn't take more logic than that.
I wonder where our resident 2004-2007 news posters are today? Havent seen them post while the iron is hot.
Something tells me they are scrambling to find some cash to cover trades on the wrong side of this. :)
Question.
Why should people who DONT CARE call and find out?
Why have you not called, found out, and posted for everyone?
MM's posted last two buys afterhours.
1600:24
Talk about manipulation.
No trades in an hour?
0.0
o
That IS interesting, and could note the resource interest they hold in drilling plans.
I wonder why they didn't mention their holdings in any updates. If they are waiting for all the t's to cross and i's to be dotted, then I think we have weeks to go before any real meat is going to be announced.
Why dont you call the IR and find out?
You wont, so your question is moot.
I read the update.
Its POTENTIALLY exciting.
And I can find POTENTIALLY on .... oh, a couple thousand penny stock boards today.
I wasnt ACTUALLY exciting. Prudence and DD demands it.
True.
Then it needs to be treated as such... not people screaming PENNYLAND here we comes, .05 for sure, yada yada yada.
Volume has dropped here while the boardmarks have risen. But it doesnt appear that much will take place until ... like Metalhead stated, ACTUAL filings are completed.
When I see it break through .0085, then I will get excited. Until then, I will try to ignore the rah rah's along with the bashers and try to find some logical DD and information that might actually be helpful.
You're right.
The response just came in... 500,000 share selloff.
Doesn't appear to be too exciting...
Stock hasnt moved in 25 mins, and volume isnt even up to 200,000 shares.
You said we would hit it today.
You said we would hit it Tuesday.
You said we would hit it on certain days last week.
You were wrong each time.
It may hit .01, and I beleive at the right time it will hit .01... but guess what? I don't go telling people what a stock will or wont do over and over and over, especially when Im proved wrong once, twice, etc...
After what we saw last week witht he $70K blast through that huge wall, and the unbelievable reversal that took place at yesterdays close, I will say stright up that NO ONE can predict or determine what will happen.
To do so if deception.
With that being said, todays volume shows that momentum is dropping, which isnt necessarily a bad thing, but it goes back to what a few people have said here.
We wont cross the penny hurdle until there is solid news. Not prep news, or news of a new management team... but concrete filings and/or contracts.
I can watch L2 just as much as anyone, and while there is little resistance between here and .01, there is the SAME in buyers right now between .005 and .01. Momentum has stalled. Period.
So while there is alot of good things about Drake, those who keep saying were gonna hit a penny today or tomorrow dont know a darn thing, and are causing just as much harm as if a basher came on and attempted to deceive posters the other way.
Drake will move in its own time... and in its own plan, but please dont be throwing out gobbedly-gook when in fact NO ONE knows what each day will bring.
We look foolish when we scream a 'Penny today' and it drops more than a third halfway through the session.
Hmmmmmmm....
Not a buy or sell in nearly an hour.
It is obvious you have little knowledge about trading in the lower exchanges with a response like this.
Exactly.
I wonder how many people remember the Franfurt Exchange fiasco about 5 years or so ago, where people would register companies without their knowledge, and trade on that exchange, dilluting and shorting the whole ball of wax.
Link please.
We want to see how old it is, and if like others on this board, you are posting information that was last decade.
I gotta admit, that was ONE HELL of a comeback today.
About 6-8 million shares after the selloffs... who the heck is buying?
I still have to put my money on insiders and management... there seems to be little other alternative choices.
10-4 MC.
I have no beef with you... hells, I have no beef with anyone on here.
But there was just too much emotion and false claims that were driving me nuts lately. I want Drake to succeed, and everyone to sell where they want, but its unfair to investors who sell at the Ask to call them 'bidwhackers' and in essence call someone lame for selling at a 500% or more profit.
I was the one yesterday who thinks that management is buying a stake in the float... still do... but that doesnt mean everyone goals here in pennyland and with Drake are exactly the same.
And as such, if Im going to GIVE respect to others here, I should EXPECT some as well.
Thats the crux isnt it MC?
You know me from back in the day, and anyone can go back and read my posts here, and in other stocks.
You wont find a pump, a bash, or any of that. My reputation in the e-community is by my words and my posts.
You cant validate things in real life unless you KNOW them in real life.
So yes, you are right to be wary, but then again, anyone who buys or sells stock based on a bboard is quick to lose more money than earn it.
True?
There is a difference between OPINION and Insinuation (accusation).
You obviously dont know the difference, so go back to school before you think to challenge others with your ignorance.
I know Metalhead...
He's not BS'ing with you, or trying to get your shares.
So please... if you choose to ignore his advice, then that is fine. But if you are going to make insinuations when you havent a clue WHO he is, or what he has in Drake, then kindly keep your opinion to yourself.
When there is no momentum for buying, of course its going to fall... no matter 5000 shares, or blocks of 2 million.
Frankly, there is WAY to much BS in response to the movement today, and yesterday. People on this board are calling sellers 'bid-whackers', and pretty much idiots for selling their shares.
Additionally... if I had a nickel for EVERY penny stock where board members said, "news is coming, pr's are coming, when news hits", I'd be a bloody millionaire and then some.
But Im not, and Ive been burned far more than Ive won on stocks where everyone said those statements.
Until the FULL news and direction comes out, this is still a risk play, and risk plays more than any require people to know their entry, and know their exit.
For most, this has been a 100% to 1000% winner. Why would they NOT sell, at least part of it, to get back their stake, get GOOD profits, and then hold some for the 'pipe dream'?
I slam the bashers for their obvious garbage on the board to deceive members here, and I also need to jump in and say stop the garbage simply because some people (who PROBABLY arent even on this board), sell for whatever reason.
This stock is moving for a reason, but without news, it will only move so much, and when momentum dies, as it appears to have done today, people will sell, take their profits, and re-evaluate, or completely move on.