Replies to post #593 on Deep Blue Marine (DPBE)

[Sup3D]

I'll take a stab . . .

.08

[Diver_Linda]

Any guesses???? Hmmmmm
No different than any other penny stock you invest in.
WB put an initial 200,000 dollars of his own money in to start dpbm. Last year to avoid selling stock, he paid some salaries out of his own pocket. This year he started buying up stock with his own money. Have any of you invested that much? Do you really believe he will let the company sink on purpose? Yeah, he could get a tax break on losses, but not as much as you think.
You actually get taxed more with capital gain. But you make more with gain than you would ever make out in a loss.
Been there