Suckers are born every minute and this company has played so many that way....including me!(LOL)
I think I have 1 share left after all the R/S's this company has had.
Hope we can help others avoid the "trap",and many others, got into!!!!
THIS IS A SCAM!!!!!--------------------------------------------------BEWARE INVESTORS!!!!
J&J could buy this small outfit off for peanuts and regain control of the market.
You're right about J&J not getting patents on their strips---how stupid can they be!!!!
I just gave you a big "thumbs up"!
I've held this for many, many years and I'm finally way ahead on this one(wish I could say the same for many, many others)---LOL!
You're right but all those write-downs aren't helping investor sentiment one bit.
He could have written of a little and still come out ahead but taking this much write-down sent investors packing.
What a fool the CEO is ---imo.
You may say better days are ahead and you are right but peole need to see some profit out of all this and there is none again this Quarter.
I see shareholder value is never discussed by management and the talking heads that ask questions on the phone conferences.
Write-offs may be good for the company in the long run but not getting investors interested in buying and selling the stock hurts the company as well.
Guess we have to wait yet another quarter to see if the company sp moves up.
Lots of talk about production, write-off, ect. but no talk or even questions from the usual talking-head brokers about building stockholder value ion the form of higher stock price.
Looks like the stockholders have to wait a bit longer.....
I added on the dip also.
Hope my gut instinct is favorable also(LOL).
You're right deon!
I bought this years ago when I though they were an emerging company.
My mistake; this is a super scam just ingratiating the owners.
The stock price keeps dropping, the reverse splits have cost most of the shareholders all their shares and this company cannot make any profit although they report great sales.
This is ,in my opinion, one of the great scams around.
All these shares being traded by who?
I would suspect just a few insiders trying to get suckers to buy into this scan so they can make big bucks,
Do your DD and watch out for posters here telling you how much money they have made on this issue.
This company has had several reverse splits and still they can't get anyone to buy enough shares to get the sp up.
I think the same few people are trading shares here in an attempt to get the sp up.
They lose money constantly although they show all kinds of big contracts gotten and completed.
I would stay "RED ALERT" on this one!
Do your DD carefully.
Personally I think this is one big scam!
Be careful and I hope you all make a big buck here----although I doubt any of you will make anything at all.
After holding this one for many, many years I'm finally way ahead.
I hope J&J has enough good sense to be making an outstanding offer to the company to buy out the company.
If not they run the risk of losing so much money if and when the courts rule that they have manipulated this market.
Seems to me that it would be cheaper just to buy the company out and get rid of the competition easily and cheaply.
A protracted court battle could cost DECN big bucks; is it worth it?
I have no clue.
JMO----Catnip the happy long camper!