DEGH, thanks for the post Shreya. I do not know when the news on the Reverse Merger for DEGH will come out. I am hopeful that it does not come out anytime soon so that I can keep accumulating these cheap prices. In addition with these kind of RM plays, the BEST part of them is when the anticipation/speculation is building. NO ONE KNOWS when the news is coming out for DEGH, in fact very few know about DEGH at all. DEGH is different than all these other stocks where you hear traders say stuff like "I heard a RM is going to happen soon with xxx" or "company xxx is going to release info about a RM sometime this week" etc. There is no guessing here with DEGH, they have already stated 2 MERGERS are about to occur in the 10k reported to the SEC on 1/6/11. This not a guess or assumption and the reason I love this is that the only way you would have known is if you read the 10k like I did when I alerted it here at .0025.
Another GREAT thing about DEGH is that it is a fully reporting/clean company that trades on the OTC, so unlike MOST of these other penny stocks that trade on the pinksheets when they tell you they have an o/s of 50 million you can actually believe them (well one should never believe what comes out of any company's mouth including the so called safe companies like Google etc. but u get the point). All you have to look at is its history NO DILUTION.
The 50 million o/s alone without the Reverse Merger is good enough reason to play DEGH at this PRICE. Most of the companies you might be looking at now... I don't know the penny stocks u are looking at now.... but I can almost guarantee you that DEGH has a lower o/s than them, just check and see, 1 by 1.
In addition there has been NO NEWS on DEGH in months, so this shows you that the CEO is not the type to release fluffy news, like 98% of CEOS who have stocks in this price range. So when the news does come out; it will be MASSIVE.
DEGH is such a beauty b/c there are many different ingredients that make up this stock and one could choose just 1 of these ingredients as a trigger to buy DEGH, but those of us who are in and accumulating are fortunate enough to have a mix of all these ingredients in one stock.
TSAS went up 14,000% in 1 day due to a RM (I was in that play), GWAY went up 29000% in 1 day due to a reverse merger, these 2 plays happened in the last month. I am not saying that DEGH would have the same kind of run when the news hits, but who is to say that it its not (probably won't go up as much but I guarantee you it will go, whether it stays is another question)
DEGH has had 2 seperate runs of 500% or greater in 1 and a half months (1 from .0025 to .069 and the other from .01 to .05) AND I ALERTED BOTH OF THEM HERE ON THIS BOARD WHEN THEY WERE STARTING (not hard to find, just go down my posts from my profile easy detective work). Stronger hands have been buying and accumulating. I have been praying all week that the MM's drop the stock way more than they have, but FEW people are selling so they only short DEGH to a certain level BECAUSE THEY DO NOT KNOW WHAT IS GOING ON EITHER, and I keep adding. Friday was real sweet b/c I was able to pick up the .0275, it only fell that low in the last 5 minutes of the trading day, the ask was at .03 or above 95% of the day.
Best of all for the run that will begin this week there were 2 FORM T buys after hours for DEGH, 1 for 3500 and the other for 146k. The buy for 18k shares right before close guess who that was?? uh huh MEEEEE!
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