Followers | 71 |
Posts | 3647 |
Boards Moderated | 1 |
Alias Born | 09/16/2009 |
Wednesday, January 27, 2010 2:17:10 PM
I have a lot of skin in this company and I would like to see it succeed, have no misconception of that mantra.
What I have in common with Humphries is that I have personally owned and operated my own private businesses and I can tell you that Humphries is not in complete control of the direction the company is going. I have some insight to why he is doing the things that the bashers embellish on, and most of the actions taken are non avoidable.
I have considered calling Humphries to discuss the private company issue, but that is not uncommon as most may think. I personally believe that it is an important strategy to circumvent the short selling actions that have been levered against DLAD.
Shorting the sub-penny stocks is common, and I think when the last reverse split took place is when the MM’s Naked shorted the hell out of this company. The proposed name change is also a way to wash out the naked shares from the market. When the change takes place the company will then request the share holders convert their shares to the new company, this will expose the naked shares on the market. Unfortunately, the MM’s probably covered with real shares and us bag-holders are holding the created shares. If you don’t believe this happens, go to the SEC website and do a search for naked shorts selling.
And to answer your question about getting angry, I’m pissed at the thought that I have a paper loss of $49K. But what good will it do me to or anyone else that’s holding a long position on DLAD.
I’m just going to play it out and see what happens. Maybe I’ll loose the last $13K I have in it, maybe not.
I just wish FINRA would move one way or the other so the company can move-on as well. It’s not all Humphries doing as some would like you to think. And that’s coming from a previous business owner operator not a friend of Humphries.
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