Deep Blue Marine (DPBE)

[PinkElephant]

None of us have lost anything yet. You know as well as I that it's only when you sell is when you lose.

That simply is not true. You've lost money as soon as the share price drops below where you bought. Believing anything else is ludicrous from an investment standpoint. It is that precise attitude, that causes people to hold through massive dilution and losses and end up broke. Please read anything written on the subject of emotions and investing to understand.

You've lost money until the share price goes above your average. There is never any guarantee of that ever. The very first penny stock I bought 9 years ago or so simply stopped trading one day and became worthless. That is common on the pinks. The SEC gets even a hint of impropriety and they could simply halt trading of the stock.

You have to be willing to re-evaluate your investment at anytime. If you wouldn't buy more shares at a given point, then you shouldn't hold on to the shares you already have. Anyone who buys shares when presented with proven and admitted dilution is simply giving away their money, there is nothing else to it. People willing to hang on to their shares under the same circumstances are just as trapped by their emotions.

"The first rule of investing is don't lose money; the second rule is don't forget Rule No. 1." -Warren Buffet

http://stocks.about.com/od/tradingbasics/a/Sell081405.htm