DPDW.. At the bottom is the post I made the last time we saw $0.12..
Actually if you go back in my trading account you will see that I made a stand at the $0.12 level the last time it was there.. Value has little to do with a stock that is for sale.. I have never hit a bid because it's not my style as when I put my orders with the funny numbers MM know that I don't try to out guess them and will wait to make my tic's..
On another post some asked me if I was long 200,000 @ $0,15 and thought it was worth $0.16 why would I sell.. Actually I owned more and if you go back to my past posts it is there along with the size.. The last time DPDW traded down it was on a gap with little volume except at the $0.12 level and it was almost a riskless trade,, This time it became obvious that after the 5 Mil had been Reg..The selling would be orderly but at a continued rate moving down as buyers are discouraged at each level.. As I had posted I would wait until I found out if any new shares had been Reg, and if it looked like they were for sale.. The ans was yes to both..
As to my OBAMA statement about Deep Drilling,, That is true and if you don't believe it take a look at his energy sec. resume.. I was posting about US waters only.. These are trying times and as before all I try to do is aid those in DPDW with some direction and IMO where the next move in the stock will be.. It's not a game,, unless one try's to make it so.. Yes I do believe that DPDW is worth $0.16 on just Flotation alone,, but I'm not stupid to get in front of a possible 5 Mil shares that have just been Reg and are IMO for sale.. It is 1/3 of the holdings bought by that group..
As I said if I were to enter the market to buy I would wait for an uptic.. As to what I will do..?? I try to buy on panic dips to sell on small uptics.. The sellers are very smart but they want out,, Soon if DPDW continues to be silent,, there will not be any buyers left on this board.. And that will be the to buy..hank
Here is the post that I made when DPDW last traded at $0.12..
Posted by: 10 bagger Date: Friday, December 26, 2008 5:13:22 PM
In reply to: None Post # of 1966
DPDW..
I've had a busy couple of day's.. Nice close on DPDW today and was fortunate two other stocks ALJJ (+ 37.5%) also had a nice move.. along with CSSV up (+ 40%)..
I'll be headed back to Fla. Sunday AM and will be back on the computer Wed.. AM.. To all a Happy,, Healthy New year and a safe ride home from any party's that you attend.. hank
12/26/08 3:41 PM EST Buy 1988 DPDW Executed @ $0.14 Details | Edit
12/26/08 3:34 PM EST Buy 4000 DPDW Executed @ $0.1418 Details | Edit
12/26/08 3:34 PM EST Buy 600 DPDW Executed @ $0.141 Details | Edit
12/26/08 3:05 PM EST Buy 6300 DPDW Executed @ $0.141 Details | Edit
12/26/08 1:32 PM EST Buy 8888 DPDW Executed @ $0.142 Details | Edit
12/26/08 12:08 PM EST Buy 100 KED Executed @ $6.91 Details | Edit
12/26/08 12:08 PM EST Buy 88 KED Executed @ $6.91 Details | Edit
12/26/08 12:04 PM EST Buy 100 KED Executed @ $6.91 Details | Edit
12/26/08 12:00 PM EST Buy 300 KED Executed @ $6.91 Details | Edit
12/26/08 12:00 PM EST Buy 700 KED Executed @ $6.91 Details | Edit
12/26/08 12:00 PM EST Buy 188 KED Executed @ $6.92 Details | Edit
12/26/08 11:58 AM EST Buy 300 KED Executed @ $6.92 Details | Edit
12/26/08 11:53 AM EST Buy 100 KED Executed @ $6.92 Details | Edit
12/26/08 11:51 AM EST Buy 100 KED Executed @ $6.92 Details | Edit
12/26/08 11:51 AM EST Buy 100 KED Executed @ $6.92 Details | Edit
12/26/08 11:45 AM EST Buy 100 KED Executed @ $6.92 Details | Edit
12/26/08 11:21 AM EST Buy 888 RIG Executed @ $43.1488 Details | Edit
12/26/08 10:54 AM EST Sell 8888 DPDW Executed @ $0.155 Details | Edit
12/24/08 12:51 PM EST Buy 10000 CSSV Executed @ $0.1 Details | Edit
12/23/08 10:33 AM EST Buy 18888 DPDW Executed @ $0.13 Details | Edit
12/23/08 9:44 AM EST Buy 10000 CSSV Executed @ $0.1 Details | Edit
12/22/08 3:32 PM EST Buy 2888 DPDW Executed @ $0.121 Details | Edit
12/22/08 3:32 PM EST Buy 10000 DPDW Executed @ $0.121 Details | Edit
12/22/08 2:22 PM EST Buy 5000 DPDW Executed @ $0.125 Details | Edit
12/22/08 2:03 PM EST Buy 5000 DPDW Executed @ $0.12 Details | Edit
12/22/08 2:02 PM EST Buy 50000 DPDW Executed @ $0.12 Details | Edit
12/22/08 1:50 PM EST Buy 13888 DPDW Executed @ $0.12 Details | Edit
12/22/08 1:49 PM EST Buy 45000 DPDW Executed @ $0.12 Details | Edit
12/22/08 12:10 PM EST Buy 12888 DPDW Executed @ $0.13 Details | Edit
12/22/08 11:38 AM EST Buy 7000 CSSV Executed @ $0.106 Details | Edit
12/22/08 11:38 AM EST Buy 5000 CSSV Executed @ $0.106 Details | Edit
12/22/08 11:22 AM EST Buy 10388 DPDW Executed @ $0.12 Details | Edit
12/22/08 11:12 AM EST Buy 2500 DPDW Executed @ $0.12 Details | Edit
12/22/08 10:34 AM EST Buy 7888 DPDW Executed @ $0.12 Details | Edit
12/22/08 10:34 AM EST Buy 50000 DPDW Executed @ $0.1208 Details | Edit
12/22/08 10:32 AM EST Buy 19500 DPDW Executed @ $0.1163 Details | Edit
12/22/08 9:42 AM EST Buy 5000 DPDW Executed @ $0.122 Details | Edit
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