Drinks Americas Holdings, Ltd. (DKAM)

[sneaky_peaky]

Duh, you buy the ask, and it goes. So simple. Sit on bids for 8 months and it goes nowheres but down. Buy the ask and it flies. Proof now for sure that bidding a stock is not buying a stock, it just prolongs the time for it to go lower. Only 118K on the bids since the beginning of the year. Over 1.5 mil on the ask. Nobody got ANY position of size sitting on the bids after the first of the year.

Look at the chart for the past two Januarys going into February. Monster runner time. We've only just started. The real volume has not even come in yet.

Who knows, this could be just a couple of people who might know we got Labatt. What will happen when 250,000 people all try to buy on a 5000% increase in revenues overnight?

I did the math on the deal. If they get it and have to issue 100 mil shares, at a 30 PE on 14 cents EPS, it goes to $4.20. If it ends up a 50% equity deal, it goes to $2.10. We'd have to look at how it plays IF they get it. But again, this is all IMO as I'm guessing on the purchase price and assuming no strange parameters. Of course, I'm also assuming we are bidding it.

I'm banking on Johnny's 100% call. Nobody is saying a word about it. If I said 100%, you guys would be writing Patrick again screaming pumper. Instead, it's all quiet. Usually a great sign.