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Okay, I took the last hour to check all facts I could get. Particularly rechecked all their financials.
If I'm not totally drunken (And I never drink), this thing is massively undervalued IMO.
Just check out http://finance.yahoo.com/q/is?s=DRDF.OB Their revenues grew from 5 millions, two quarters back, to 12, and their news from yesterday stated that they rised again, to 17.8 million, and also that they did 3 million net income in the last quarter.
They have liabilities of "only" 33 millions, which is nothing compared to their latest revenues, especially because they massively raised their revenues without doing more dept. The opposite is the case: http://biz.yahoo.com/prnews/060105/lath030.html?.v=42 " announced today that it has settled more than $5 million of debt, which will be reflected in its quarterly report for the period ended December 31, 2005."
So, will this fly today or not?! I let you decide.
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posted
im out took a 100 dollar loss have to go to work now, did not want to get back from work and be down alot more. good to all that is still in hope you make a quick buck
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I'm staying in...Taking an actual loss on a day the market is down is cutting yourself short...the numbers still speak...it's revs up 263%...it will get back u there...this week or next IMO
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions
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Everybody is selling...why? they are scared...and who is collecting? MM's, Why...to run it later...today, probably not...but they will run it soon IMO
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions
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quote:Originally posted by tonicma: No, everybody is selling, because there is a better stock and its USXP.
Luckly USXP now made me break even on this stock.
And look its going down now.
Hate to say it, but there are better stock out there than this POS
"Dalrada Financial Corporation (OTC Bulletin Board: DRDF - News) today announced its financial results for the second quarter ended December 31, 2005. The Company reported revenues of $17.8 million for the quarter, a 263 percent increase over the prior year period. Net income for the second quarter was $3.3 million. For the six-month period ended December 31, 2005, Dalrada reported revenues of $29.9 million compared to $9.4 million in the prior year period. Net income for the six month period was $3.1 million."
Don't we all wish we were a POS
-------------------- I may be wrong, but I don't think so....
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