Deep Earth Resources (DPER)

[al44]

rudimentary analysis: What is happenning is a momentum play based on a rumor that this will be a merger play. This is based on documents filed in the state of Texas last month. I have seen and read those myself and came to the conclusion that this could very well be a merger play. The hype will die down as time goes by. Momentum plays are notoriously short lived as traders exit when news fails to come. So this will probably channel in a 30-40% trading range for now. Where the bottom is I couldn't know. IF and WHEN a merger deal is announced we could see this fly into pennies within hours of the announcement. Right now I still consider this a lotto play, albeit a better than average possibility. My small investment here is worth holding for now.

........al