Everyone on here is looking at this all wrong. You are all arguing over whether or not this company is a scam.
Here's the truth: YOU SHOULDN'T CARE AT THIS POINT.
Be honest with yourself. You invested in a penny stock to make easy cash. 80% of them are scams. Your only concern as a stock holder of a penny stock is whether you eventually sell higher than you bought. Period. If you want to hold shares of a fine upstanding well-regarded company, go buy GE or Exxon or IBM. That is not what this company is.
The only reason I care whether DNRG is legitimate is that, if it is, the share price will rise and I will likely make serious cash. If they are scammers, but the share price rises and I sell high, so be it. If the SEC puts them in jail, well, that's the risk I take.
The history of this stock is interesting:
high of $25 on 3-26-2010
held to $17.50 through 5-21-2010
$14.50 on 8-27-2010
$1.25 on 1-25-2012
spiked to $6.40 on 2-15-2012
under $1.00 since 9-2012
Can there be significant price swings? Absolutely. Is that always based on revenue, profits, etc.? No.
I certainly hope they are legitimate, they reveal an operating small scale system in South Africa and many, many, many new investors want to buy the stock. It will be high cotton times. If not, well, let's see if the pump and dumpers can spike it up enough that I make a little coin.
Just my $0.02.
AI
