I am a realist. My eyes are wide open. I've been here since mid 2009.
I repeat, I am in this for the long haul. I bought because of the Rheingold introduction. I am old enough to remember it; too young to have bought it. It would be ridiculous for me to sell out now just as the ramp up is beginning.
I hope the new buyers are "pseudo insiders" with more knowledge than you and I have about re-orders, increasing volume, and retailer expansion; that they sense something good is brewing at Rheingold.
So many PINKs never realize an investors reason for making the first investment. Most notably in the pharmaceutical business. Very few ever develop the mass-marketable drug that turns the company into a profitable enterprise and covers the losses of the other 50 PINKs the investor bought into.
At this point, what choice to I have? It's like I'm taking a ride on a hill in a saucer with no control over where I am going. Rheingold is in the stores. The expansion is happening. I am drinking it ... and recovering my investment as I do, and every day supporting the company.
Posting positives as I see them isn't starting rumors, isn't denying the fact of expansion as it happens, isn't ignoring there are many more individual buyers of the stock even as it declines, isn't ignoring a rising average daily volume, and isn't denying that if the company grows the revenue pie, the slices of the pie can become large enough to cover expenses.
I've shared on this board some of the other sub $3 stocks I'm in. Some have turned small bank rolls into impressive stories to talk about. One I found out was run by out-right crooks, previously accused of investor fraud in other publicly traded companies, and repeating the same scheme several years later. I was suckered. Some of you know I went nuts as my "awakening" happened.
I wouldn't keep investing in these cheap stocks if when the stock market is soaring, the total of my "cheap" investments were bucking the rising trend. None that soared, roared because of what I say on their boards. It was just dumb luck buying in at the right time.
That said, my "real portfolio" isn't in PINKs. My latest "eye-popper" is MDR. I thought it was just a fabulous company at $25, but didn't have available investable cash to act. Then came the BP disaster in the gulf and MDR sank to $15. I wish I bought BP, but I had the leverage for MDR. They badly missed on the 4th quarter EPS but announced $5,000,000,000 in booked business. Look it up. The stock has roared since I bought it 5 months ago.
So here's my PINK analogy for DKAM and why I am so focused on revenues. MDR hasn't realized their profits. They missed badly; by 1/3 below analyst estimates. Nobody cares. If DKAM's revenues climb quarter after quarter, there will be less pressure to barter shares, selling pressure will ease, and when annual revenues are seen moving from $1MM to $1.5MM to $2MM, etc., there will be a lot more people who will buy in because of it. They will over look the loses and all the bad history; they won't care.
I would much prefer if I was getting into the game now then when I did. Timing is everything. If DKAM is going to start turning some things around, the time to start buying will be just as we start seeing the signs. Dilution has obviously not stopped, but we don't know the extent of it yet. So right now some of the positive revenue signs are all we are seeing, and that's like the pretty girl on a bar stool I referenced a while back. She starts to attract a crowd.
More people are stepping to the plate and buying DKAM as we approach the quarterly financial release. They're going for the saucer ride with me. I'm just doing it for the FUN of it.
