SmallCap Trading Techniques

[RandyKCMO]

DRGP Hey Tony and Bill, I saw you mentioned DRGP in this post. Seems the stock has reversed it's downward trend and is setting up for a move in a positive direction.

DD Short Story:

Outstanding as per 1Q 10Q filed 5/15/08: 90 Million
Float: no accurate numbers that I know.
Management holds at least 5%...still waiting for initial Form 3's and 4's

2006 Revenue $9.3 Million
2007 Revenue $20.1 Million
2008 Company estimate: "at least $40 Million"*

Q1 2008 Net income: $180,000.


*Company views 2008 as an infrastructure building year and 2009 as their primary growth year. CEO Melissa Rice believes she's building a monster. I asked what her plan of an exit strategy....if she thought DRG would become a buy out candidate down the road and she said, "No way." We don't want another company to realize the eventual fruits of our hard work. She is leading the company in the right direction.

Technically (though I'm more of a value type) I've been told the chart looks pretty good. So take a look and see what you think.

I have a further DD on DRGP Board if you're interested:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29350807