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Wednesday, 09/09/2009 4:23:47 PM

Wednesday, September 09, 2009 4:23:47 PM

Post# of 2559
Was the Reverse Split of DRGZ stock Good of Bad? I generally frown at companies that do reverse splits as a pretty bad sign. However, when it occurs with an eye to uplisting or for essential financing, it's pretty hard to argue with.

Granted I have a couple accounts that I haven't averaged down that are seriously under water. However, in my primary account I've bought and sold and am sitting a little under water (my average cost is 89 cents). It looks to me like the stock has based and is on a steady climb to higher levels. Sure I'd like another spike to $2-3.00 as much as the next guy...but a slow and steady climb isn't so bad either.

RE the reverse split...if you look at it in terms of volume, we are doing much better post split than before. Even today which had mediocre volume of 54K...is the equivalent of 5.4 million shares. That would have been a pretty impressive number in the days before the split.

Then realize that we've had many days with this kind of volume. Just look over the Historical Prices. We've been trading the equivalent of tens of millions of shares...percentage-wise a huge increase over what the stock used to trade. All for what it's worth.

Randy

http://ih.advfn.com/p.php?pid=historical&cb=1252527845&symbol=DRGZ
Historical Prices
Date Open High Low Close Volume Adj
Close
2009/09/08 0.65 0.67 0.55 0.65 164,317 0.65
2009/09/07 0.65 0.65 0.54 0.54 57,903 0.54
2009/09/04 0.65 0.65 0.54 0.54 57,903 0.54
2009/09/03 0.60 0.65 0.58 0.62 19,830 0.62
2009/09/02 0.60 0.65 0.55 0.65 121,628 0.65
2009/09/01 0.61 0.62 0.50 0.56 53,830 0.56
2009/08/31 0.70 0.74 0.60 0.61 74,901 0.61
2009/08/28 0.80 0.80 0.60 0.70 82,059 0.70
2009/08/27 0.60 0.72 0.60 0.71 14,726 0.71
2009/08/26 0.75 0.75 0.50 0.55 6,200 0.55
2009/08/25 0.76 0.85 0.55 0.80 36,638 0.80
2009/08/24 0.88 0.88 0.75 0.80 62,286 0.80
2009/08/21 0.91 0.95 0.85 0.85 26,050 0.85
2009/08/20 0.92 0.95 0.90 0.92 27,092 0.92
2009/08/19 1.03 1.03 0.91 0.92 12,840 0.92
2009/08/18 0.96 1.03 0.92 1.03 19,240 1.03
2009/08/17 0.92 1.01 0.92 1.00 9,332 1.00
2009/08/14 1.05 1.05 0.91 0.91 44,875 0.91
2009/08/13 1.08 1.08 0.98 1.03 56,954 1.03
2009/08/12 1.15 1.15 1.05 1.06 69,374 1.06
2009/08/11 1.20 1.20 1.01 1.13 197,502 1.13
2009/08/10 1.04 1.18 0.93 1.15 214,200 1.15
2009/08/07 0.81 0.95 0.81 0.95 85,660 0.95
2009/08/06 0.95 0.95 0.81 0.81 72,597 0.81
2009/08/05 0.95 0.95 0.87 0.95 27,670 0.95
2009/08/04 0.84 1.01 0.84 0.95 150,850 0.95
2009/08/03 0.80 0.90 0.80 0.84 26,837 0.84
2009/07/31 0.82 0.90 0.75 0.80 71,110 0.80
2009/07/30 0.94 0.97 0.78 0.85 34,244 0.85
2009/07/29 1.02 1.05 0.85 0.94 35,416 0.94
2009/07/28 1.11 1.11 0.68 0.95 40,838 0.95
2009/07/27 1.23 1.23 0.85 1.11 48,942 1.11
2009/07/24 1.45 1.45 1.11 1.23 134,372 1.23
2009/07/23 1.01 1.30 1.01 1.22 168,345 1.22
2009/07/22 0.76 1.10 0.66 0.71 77,112 0.71
2009/07/21 1.25 1.25 0.82 1.00 126,323 1.00
2009/07/20 1.40 1.45 1.06 1.35 267,848 1.35
2009/07/17 1.60 1.75 1.35 1.45 169,835 1.45
2009/07/16 1.85 2.00 1.55 1.60 509,977 1.60
2009/07/15 2.00 2.74 1.30 1.60 697,727 1.60
2009/07/14 1.50 2.79 1.10 1.93 498,584 1.93

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