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I really didn't pay any attention to the current action--I don't follow the IHUB thread--other than noticing that the price went up to about .09. I was impressed, I never imagined DECN could get up near a dime at this late date. I have DECN on my watch list, but it's down near the bottom surrounded by some symbols that I don't remember why I put them on my watch list. I remember why DECN is on it but I can't say that I really care at all. When I think about DECN, I mostly feel sorry for Sal.
Third press release in about a week. Each press release has just a little more information in it. Nice information on what they expect sales to be as well as net profit margins. Now let us see if they can get it done.
The market is responding with a show me kind of attitude to this news. I am waiting as well. For me, show me the increasing revenues.
To me, it seems like there is some overlap between their product categories. I would like to hear some clarification here. But it is nice that they did put some dates to the launch of some of these new products. Maybe this year will be the year.
Yes, the market is definitely in a "show me" mood here. You know how I feel about this company and Berman in particular. That being said, the "only" thing I have seen that warrants any hope here is the very similar packaging between this company and CVS. I am thinking there could be a link but will not believe it till I see a package in a CVS store. That is how little credibility this company has with me and many others.
OK...I am actually embarrassed to even waste a minute of time on this company but I have a sincere question here. I have been following this thing for way too many years, yes years...ugh. In any case, I know the management is despised by most who are familiar with it but I must say, the price action of the last few years indicates a viciousness by traders to keep their foot on the neck of this thing at all times. I have never shorted a stock in my life and know most people will say you can't short a penny stock let alone a stinky pinky but I find that hard to believe the way this thing trades. Take this morning as an example, relatively good buying pressure starts moving the stock up and immediately 2 or 3 MM's will come in and undercut the ask, forcing it back down and/or leaving money on the table. Any comments or enlightened views on this pattern would be much appreciated...by any of the three readers here :)