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This may sound dumb, but somewhere between 5 to 10 PE (0.055).
I think the market is trying to establish this. Next PR may give us more direction.
No way 25X unless they list on NYSE. See AOB. AOB would only trade 7, 8, 9, ON THE AMEX.
I wouldn't say it couldn't happen. It happen to AOB.
If it happens to trade around .30, I'll buy some, but it probably won't, but on a OTCBB stock, almost anything can happen.
If you check other OTCBB China socks, you'll see that the market doesn't like to give these type of stocks a PE much higher then 5!!
GTEC looks fairly valued here UNTIL more news comes. They need to list on an exchange.
These companies are China stocks with great balances sheets with growing revenues and look how their valued (PE).
GTEC is cheap under .30
http://www.knobias.com/individual/public/quote.htm?ticker=chme
http://www.knobias.com/individual/public/quote.htm?ticker=etlt
Still got this sucker in my watch list, so as to see what would of happen if I held. I took a small loss and I see it's solidly trading in the ones. I just had a bad feeling when the stock wouldn't move on good news.
This is my last pink, I think. You got to be strong to keep buying.
This remind me of what Jim Cramer said: It's a good thing a stock cannot go below zero.
Never buy the stock of a company that has to sell a lot of stock to stay in business. It's just way too risky.
Trying to see if the gut feeling I had was right.... to sell.
Like now, DPBM may seem cheap, but then, when it gets to penny, now what I to think??
Printing in the .01's now, glad I sold. Looks like the market doesn't believe Wilf.
To see what would of happen if I held.
I think this company has -0 credibility.
What a pile of junk for a "stock". Goes down on any news. Glad I got out.
Wilf loves his job/vacation, paid for by the "pink market"
I got the money back I lost in DPBM, I sold DPBM and purchased APIO.OB.
I see the same junk is going on with the stock.
Your dreaming pal. It's will take some major good news to turn the death spiral of this company around. Few people believe or trust them.
Unless some major good news appears, you are playing with fire here.
I checked out Global Marine and DPBM has a lot more shares outstanding than them.
I just don't like the way the stock is acting and I feel there is a big difference between a pink company and OTCBB (OTCBB much more transparent).
I'm out, I sold, if the current news does not move the stock then something is seriously wrong and I'm doubtful of future news affecting the stock. Just too much selling here, and company does not seem to care.
A shark, as in the way he has devoured shareholder value.
About 170,000,000 increase in about a year in the float. 97,000,000 in restricted. It's probably Wilf selling almost daily.
Authorized 500,000,000 Outstanding 245,888,176 144 Restricted 215,384,032 In Float 30,504,144 Updated by CEO on 4/10/06
Authorized 500,000,000 Outstanding 463,573,270 144 Restricted 312,772093 In Float 150,801,187 Updated by CEO on 5/21/07 http://www.stockinformationsystems.com/c/DPBM/investors.html
I was thinking of the past CEO failings and increase and of the float from approx. 33M to 150M and the daily dilution. I sure he'll use up 500M, but I know this is the pink sheets.
"Sharks are more dangerous when they are running a company".....
I understand the meaning and think we have a great white here.
So you think Wilf is going to keep selling stock every day to finance this operation?
Just curious, do you know: do sharks pose any (great) danger when diving?
I believe very little of any pink sheet company unless it can be proved, seeing they don't file with the SEC.
This is a lottery ticket to me.
DPBM May 02 podcast: http://feeds.mn1.com/deepbluemarine_1.htm
What's the "The Marine Sanctuary"?
Wilf shares have killed every rally.
0.026 5000 OTO 15:24:00
0.026 50000 OTO 15:21:46
0.026 100000 OTO 15:01:25
0.026 100000 OTO 14:59:24
0.026 5000 OTO 14:58:56
0.026 100000 OTO 14:57
yardboy..... You still in DPBM?????
Right now (2:52 EST channel 120, ), Dish Network is showing True Caribbean Pirates, which is a reenactment of the pirates, and shows how some of the treasure got to the bottom of the ocean.
It's (I think) a great program if you want to learn the history of the pirates and treasure.
expert to help them run the salvage part of the business."......
Do you know if they are working on this?
Any chance the daily dilution may stop?
Vegas money for penny stocks.
Of course the stock right now has really no value, and is trading on future potential. Really there are no sales or revs.
It could drop under a dollar, but if news comes, it could stay well over a dollar.
With no news, it will probably go lower.
They need to do something to restore confidents to shareholders, if that's still possible; a continual drop all year in stock price.
Anybody think: major news coming?
Is any of this stuff near where DPBM is trolling? Excuse me, but I new at this treasury stuff and ignorant.
The only thing it has going for it is a very low float, because of, the price can be controlled by a relatively small amount of people.
Sounds to me that the rumors is: their getting close to announcing a expedition to a treasure ship or something like that.
Looks like the dam is starting to break.
I'll probably be sorry, but I got 100,000 shares at .029 as lottery ticket. Already dropped half a cent after I bought.
There are a lot of negatives here, but I like the chance that they could find gold or something, as I know many have.
Do you know of a good internet site that tells about the shipwrecks in the Atlantic?
Hopefully there will be some news about this soon as I think this is the season for it.