We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon
Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Neal....regarding the new posters, I have seen some of them before and they are very good at what they do. Suffice it to say that when they show up, the stock usually gets crushed. However, the companies they post about are usually pure scum, if not scam and usually deserve it. I really don't understand why they would show up here. While I think DECN is very questionable in some areas, I truly believe it is a legit company with a chance of succeeding. Probably a long shot but still, they have a chance.
If the company does not make a stand and release substantial news, then we will be forced to watch as the stock will continually be hammered into the dirt.
IMO..."IF" you believe there is a real business here, this may be a good time to buy. Now trading at .17 which is roughly the cash value if you believe the company at least received the value of the bond of $12.6M in the suit with J&J. There is absolutely no premium built in for the business. Once again, "IF" you think there is a real business here, it may be a good time to buy.
Bought some at 15 cents but saving some powder in case it drifts lower. I think the delay in more news coming out caused the short termers to take their money somewhere else. Last couple of days felt like capitulation. Will see if that is the case.
Neal....looks like you will get the chance to use some of that powder as we drift closer to a dime. Berman must be very proud of himself as it appears he has lost complete control and continues to stand in the corner sucking his thumb while everything crumbles around him. Of course that is my opinion.
I don't see it as a KB problem. I think investors/traders get tired waiting for news and want things to happen on imaginary timelines instead of how things actually work in business. While I don't like the share price decline, I am still comfortable waiting to see if they can sell the heck out of the product. If they can, shareholders will be rewarded. If they can't, a dime will seem like a premium price.