posted
Bought in DCUT @.05 Chart looks good, oversold, MACD appears to have stabalized and be close to a bullish crossover. 10K filing due out Thursday (4/15) and seems to have established support @.05 Good news should send this one north IMHO. Was just hoping to gather some opinions on this one.
Posts: 200 | Registered: Feb 2004
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posted
Been in this one for awhile now. Bought in around .08 months ago, watched it go to .20, didn't sell, then watched it drop to todays levels. It sure seems to be a good company and when it moves, it moves quick. Hopefully the 10k will be good. Good luck!
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
Thought about getting in after reading your posts, but had second thoughts after reviewing the last quarterly report, which, in addition to some unimpressive numbers, indicates that DCUT is currently being sued in two different actions, and is in default on their payment obligations in a third. Furthermore, they're behind (although apparently trying to pay) on certain taxes.
Not bashing - just wanted to share my DD
What originally interested me is that they're a defense play and two of the three defense plays I own (ARTX and MRKL) have had nice moves lately. Hope this one follows suit... won't be the first time I've kicked myself.
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