InvestorsHub Logo
Followers 7
Posts 1521
Boards Moderated 0
Alias Born 09/10/2015

Re: None

Thursday, 10/29/2015 3:03:12 PM

Thursday, October 29, 2015 3:03:12 PM

Post# of 97093
The Death Spiral Never Happened

On 2015-09-24, the DECN closing price was $0.08. The next day we were warned on this board: "Likely to get much worse here. The VC's will require below market shares if they offer financing at all. This DECN has all of the makings of a death spiral, and possibly sub-penny within a year or so. You heard it hear first."

I'm a small investor, and fortunately, I didn't follow the above advice. In fact, I placed another limit order for 50K shares at $0.083 today (note: this post was originally made on 2015-10-26, but was temporarily removed). I slurped up 46,800 shares at a great price. I previously said I was done buying, but that was before we had a court date. I couldn't resist a few more shares :-}

As for the warning about death spirals driven by hedge funds, VC's (Venture Capitalists) and "special people", I couldn't care less. In spite of many months of warnings, there is no evidence that any of them have had any influence on the DECN share price.

I'm thankful to have been able to pick up some more shares, at a bargain price, before the next court date.