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Re: Bull Trader post# 29228

Monday, 10/15/2007 12:31:07 AM

Monday, October 15, 2007 12:31:07 AM

Post# of 107353
I scanned some of the commentary there and what I realized from reading it is how readily one person's bias gets applied to all stocks regardless of their true potential. By true potential I mean seriously gifted management with a clearly documented matrix of business relationships that are authentically great. So many of the stocks analyzed on iHub have sketchy management teams and the business relationships are often either unverifiable or with equally vague enterprises. DPDW has documented business with the top global companies. They have ISO certification and their acquired operations have experience selling to the military and a new military hot shot coming on board to push it further. They have what may be a very unique diversified set of abilities and services to offer plus the capacity to fill a wide range of large client needs with access to additional product lines as distributors.

You don't buy stocks pre-uplist due to reasonable valuations. That is the whole point of being a successful microcap investor. Anyway, I saw various discussions of the reorganization of preferreds into common implying that could somehow be a ruse to make share selling easier when in fact it is just that while also being a verifiable extinguishment of subordinated debt into less valuable paper. Yes, it is technically a reduction in debt on the books, but so what? It is also yet another bullish indicator that the note holders didn't hold out for maximum conversion value, but accepted their equity conversion for less than face value. How is that anything but good? So to see that couched in some sinister discussion as bad dilution made me laugh.