DRTK is it a hold? Sell? Buy? Personally seems
way under valued with the details of the contracts
not released yet. I would be interested in some
insite. I bought back in at 7 which seemed cheap but look
at it now can it go lower?
The traditional definition of a bear market is a
market with a drop of 15% or more. The dow has done this
and more. I call it a bear market and it is due to
drop more in my opinion. The price to earnings ratios
are still too high in most stocks. At the same time I
know one will seldom recognize the bottom therefore I
feel that the buying opportunity just keeps getting
better. This is getting to be the time to buy rather than
I have no idea what will happen to the market
next week, but I do have some data on the past bear
markets. For the 14 bear markets since the one in 1953 the
average decline was 24%. The average decline lasted 8
months taking 7 months to recover 75% of the decline. It
took 13 months on the average to get 100% of the
decline back. Each one varied but these are the average
With the prices at close to 6 easy to see a quick
30 gain as soon as contract imformation is released.
Things will look great when # come out you can almost
bank on it I think after I get a feel on tuesday for
the direction of the market I will probably
accumulate more drtk. My gut feeling(which isn't always
correct is that this week will see a slight rebound in
the market. Any others want to share thoughts.
I have been in and out of DRTK over the past
couple of years. This stock could very quickly go back
to 9 or 10. Great way to make a couple of bucks now.
Im back in today at 7 1/8.
I have made money each
time doing this. Not to greedy, but at these prices,
you can easily acquire 1 or 2 thousand shares for a
There is so little strength in this
stock and the overall market right now, that if you
hadn't guessed by now - a sinking ship (DRTK) is not
where you want to put your money right now.
can it go asked one of you GREAT PROMOTERS... how
does 3 sound? Read between the lines, there is not ONE
SINGLE division of DRTK which did not report problems
last quarter. Weak balance sheet and rumours...bad