Replies to post #4044 on Deep Blue Marine (DPBE)

[DBrunner]

No, man, that's not it. I'm sorry you had a boating accident way back when. Accidents are tragedies, and they are usually hellishly-unfair to boot.
But this thing is a train wreck--an ongoing one, and you people just refuse to see it.
I can post here if I want to, but I usually don't want to. I feel much better on a day-to-day basis now that I don't pay much attention. The post I made tonight is just another expression of my incredulity at you fluffy folks.
Ed is not your or the company's problem. Wilf is the problem.

If the stock comes back and you all make money, I'll just shrug my shoulders and say my decision was wrong in the long run. I won't cry bitter tears and gnash my teeth. Any lamebrain who thinks some money one way or the other means much, when I've lived 37 years since being behind an M2 .50 caliber MG on the same highway that Groupe Mobile 100 got massacred on, doesn't know a damn thing about me.

Wilf seems like a sociopath to me. I don't understand how someone could do what he's been doing--for years--and not just die of shame.

Go ahead on, Mike. As Pop said, "Do what you want.. you will anyway".

[PinkElephant]

None of us have lost anything yet. You know as well as I that it's only when you sell is when you lose.

That simply is not true. You've lost money as soon as the share price drops below where you bought. Believing anything else is ludicrous from an investment standpoint. It is that precise attitude, that causes people to hold through massive dilution and losses and end up broke. Please read anything written on the subject of emotions and investing to understand.

You've lost money until the share price goes above your average. There is never any guarantee of that ever. The very first penny stock I bought 9 years ago or so simply stopped trading one day and became worthless. That is common on the pinks. The SEC gets even a hint of impropriety and they could simply halt trading of the stock.

You have to be willing to re-evaluate your investment at anytime. If you wouldn't buy more shares at a given point, then you shouldn't hold on to the shares you already have. Anyone who buys shares when presented with proven and admitted dilution is simply giving away their money, there is nothing else to it. People willing to hang on to their shares under the same circumstances are just as trapped by their emotions.

"The first rule of investing is don't lose money; the second rule is don't forget Rule No. 1." -Warren Buffet

http://stocks.about.com/od/tradingbasics/a/Sell081405.htm