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Re: JoeSmith post# 85212

Saturday, 02/14/2009 11:31:28 PM

Saturday, February 14, 2009 11:31:28 PM

Post# of 107353
DPDW.. $0.04..???

That is a price which I do not think we will see this year for DPDW.. If it trades there it will be before or after the market by a liquidation order and not as a regular trade.. The PP purchasers of large blocks were purchased thru advisors.. The selling of these shares would under normal conditions not be made below $0.10 because of the little return it creates.. But as long as DPDW remains silent..???

Outside of the PP the bulk of shares sold will be those who need cash for margin calls or out of pain getting out of the market for good.. The PP will for all practical purposes put a lid on DPDW for some time unless DPDW puts out some sort of clarification as to what they intend to do with DPDW.. This time it must be factual and not made of hyped promises..

I have a few orders in around the $0.10 area and if it trades there on a large block I think 15% to 20% could be made quite easily.. If it trades thru $0.10 without volume it further indicates that the PP sellers are still putting on thier lid to get out..

hank

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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