Am I the only long term investor here mystified by DPAC's lack of anything. Lack of interest, lack of news, lack of buying, lack of selling? There certainly isn't a lack of optimism by some but I can't see why. I can hope like others, but I don't see the actuality of this hope.
Why is this stock dead? I'd like to see some rational explanations on either side of the buy/sell equation. This is nuts already. No movement at all since the mid summer. Nothing. Absolutely dead in the water stock.
Price is the main reason. Beaten down to 2 bucks doesn't make a very favorable flag to fly. No one is interested in 2 dollar stocks. It doesn't help that they have a real drip for Investor Relations. She could make winning the lottery sound like a mistake. Finally any turn in the semis is money to the big hitters. TXN,XLNX,AMD,INTC. Until if ever this stock rises and holds above 3 for 5 trading days, forget about any hope for a long long while.
I am as frustrated as anyone with this stock. To make matters worse my health has sucked and with the middle east bullshit and the recession makes for quite the holiday cheer.
We need some news and we need it consistently. This company has good products and their ability to remain profitable in these times is nothing short of remarkable. However we purchase this stock for a reason and that reason is appreciation. Earnings come out in mid December and they should be solid. However without forward guidance they won't make a bit of difference. The new ddr stack is a world beater but you will not see significant revenue for 6-9 months from that product.
I have been dpac supporter for quite awhile and continue to believe in their technology. That being said however it is time to get news out and momentum and share volume on the upswing. 3-4 good press releases and a good quarter between now and December 31st shouild take us to the 3.50-4.00 range. That would make me feel better about committing a significant portion of my portfolio to dpac. When the market recovers the large and mid caps jump first but it is time for this stock to move. The management owes it to us the shareholders to aggressively market this company to the financial world. I believe Ted Bruce has the right stuff but like any investor my patience has a limit.