Done with the bashy-bashy exchanges?
I've been reading, and occasionally posting, for quite a while.
I've been buying too, and got some the other day at .105. I'm happy with that.
Yeah, I know that some folks pump, for fun or money. I don't really think that I've seen too much of that here.
Downside: I usually like your in depth market thoughts. Though, as I've said in a few of my posts, DBRM's production and revenue progress will be the only thing that really drives this up.
Maverick: I appreciate your general "positive credulity" - though I would be interested why you think .25 is a 2010 limit, if there is any basis other than gut feeling. The Two Triangle report didn't really have a good rationale for giving the short term rise up to a $1. I'd love it, but can't see the reasoning.
But I AM a bit tired of you to going at each other lately. Peace be with you.
As for dumping, the big volume of a few days ago does seem like some big holder cleared out. Who? Who knows. Big? Well, that's relative too. 600K shares @ $.10 is still only $60,000 total. Big, but not irrationally high if someone has a overall portfolio of $1M+ and finally decided they were done with DBRM for whatever reason and thought something else was a better play. Or just want cash because they think everything is going to crash again. Anyway, that big volume dropped back to the very low side again. So the big seller, whoever it was and why, is gone.
When I think of dumping I still get back to some of the share and deal stats: There just are not that many shares out there for any major party to have been dumping over the last year or so. Too much churn. Whoever had them would have run out, unless they bought more just to sell them again. Secondly, the latest pipes are quite old now, and didn't have enough shares in them to give enough for any of the participants to have enough shares to be a single big dumper this year. Maybe the company has given out some large number of shares to a creditor - and the clearance to sell them pretty quick. But SEC filings don't seem to show that in any large way.
So, I'm still curious, a bit disappointed, and STILL waiting for some really solid production volumes and revenue and a change in the cash position that doesn't make me a bit worried about another dilution.
But it DOES appear to be a good company, strong prospects, growing slower than I would like.
That is why I bought some more the other day.
AI
