Where's the Bottom Lllennn?In my view there simply isn't a bottom in the technical analyses sense.
An actual bottom will show up eventually, but that's when the company shuts down.
Until then those who are new, or at least relatively new, to the stories will apply what appears to be common sense, at least on the surface.
They'll convince themselves for a while yet that:
1.)
The product concept in today's environmentally conscious world seems to be plausible.
2.)
No company management could hang around this long and not have at least some measure of "Integrity".
3.).
All their non-arms-length associate companies must have a genuine purpose. (other than siphoning money)
4.)
Surely, if DYA is not on the up and up the SEC would have stepped in by now..... etc. etc.
The reality is:
These guys are very good at what they do.
Unfortunately, history shows that what they are good at is :
- Story-telling
- Excuses
- Raking in shareholder money
- Keeping a step ahead of SEC's
They aren't any good at producing and profitably selling the various promoted products