That's the best thing to do in this scenario, if your funds permit, average down your PPS to a lower number that way you can sell sooner at a profit or make more when the PPS starts to move. I apologize to those that got in late and ended up paying over .04 as that initial PPS surge appears to have been somewhat artificial. Typically those things happen because everyone gets in anticipating more news, and it gets walked down on low volume -- which has pretty much been the case with DNNC. I expect the next few PRs to affec the PPS issue in a very positive way. If all goes well, we should be well over .04 over the next few weeks. GLTA
That's the best thing to do in this scenario, if your funds permit, average down your PPS to a lower number that way you can sell sooner at a profit or make more when the PPS starts to move. I apologize to those that got in late and ended up paying over .04 as that initial PPS surge appears to have been somewhat artificial. Typically those things happen because everyone gets in anticipating more news, and it gets walked down on low volume -- which has pretty much been the case with DNNC. I expect the next few PRs to affec the PPS issue in a very positive way. If all goes well, we should be well over .04 over the next few weeks. GLTA
Was that you buying at .015? I saw a 33k order go through about 10 mins ago. I grabbed some of the cheapies in the low 1s since I tend to stay on bid-support for this one to grab those foolish enough to sell at these levels. Also, you'll notice Pinksheets.com has been partially updated with new financial information and the stop sign has been replaced with a much nicer looking yield sign, lol. Anyway, we're on the right track. Hang in there.
This should get her going:
Donini Announces New President for Canadian Subsidiary
MONTREAL--(Marketwire - 09/29/09) - Peter Deros, President and CEO of Donini Inc. (Pinksheets:DNNC - News), announced today that Jean Vassiliadis has been named President and CEO of its operating Canadian subsidiary Pizzacorp DTC Franchises Inc., effective immediately. Mr. Vassiliadis is currently an owner operator of a Pizza Donini franchise in the greater Montr�al area and a member of the Board of Directors of Donini Inc.
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<!-- Article Related Media -->Mr. Vassiliadis, age 46, started his food service career with Pizza Donini twenty three (23) years ago, initially working as a cook and pizza delivery person at Pizza Donini's first outlet. He then owned and operated several franchises and ultimately joined the management of Pizza Donini in 2000. Mr. Vassiliadis held positions as Manager of Operations, Director of Food Services and, eventually, the Vice President of Business to Business Development. Following the corporate restructuring and the outsourcing of the Company's manufacturing facilities, Mr. Vassiliadis's position was eliminated, at which time he acquired a Pizza Donini franchise.
Mr. Deros stated that, "Mr. Vassiliadis has proven to be a passionate leader that has the profound desire to see Pizza Donini grow and prosper. He brings a comprehensive focus on cost controls, quality of products and, most important, his positive relationships with existing franchisees and suppliers." Mr. Vassiliadis will be in control of all operations in this newly created position at the Company.
Mr. Deros is confident that Mr. Vassiliadis appointment will have a positive effect on the revenues and potential profitability of the Company and the plans for expansion and raising capital will be achieved. Mr. Deros will now be able to concentrate on the Company's critical strategic expansion plans for the future. No financial terms of the arrangement were disclosed; however Mr. Deros stated that Mr. Vassiliadis will be a shareholder of the subsidiary and he has agreed to defer receiving compensation until the Company's cash flow and revenues increase.
Donini Announces New President for Canadian Subsidiary
MONTREAL--(Marketwire - 09/29/09) - Peter Deros, President and CEO of Donini Inc. (Pinksheets:DNNC - News), announced today that Jean Vassiliadis has been named President and CEO of its operating Canadian subsidiary Pizzacorp DTC Franchises Inc., effective immediately. Mr. Vassiliadis is currently an owner operator of a Pizza Donini franchise in the greater Montr�al area and a member of the Board of Directors of Donini Inc.
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<!-- Article Related Media -->Mr. Vassiliadis, age 46, started his food service career with Pizza Donini twenty three (23) years ago, initially working as a cook and pizza delivery person at Pizza Donini's first outlet. He then owned and operated several franchises and ultimately joined the management of Pizza Donini in 2000. Mr. Vassiliadis held positions as Manager of Operations, Director of Food Services and, eventually, the Vice President of Business to Business Development. Following the corporate restructuring and the outsourcing of the Company's manufacturing facilities, Mr. Vassiliadis's position was eliminated, at which time he acquired a Pizza Donini franchise.
Mr. Deros stated that, "Mr. Vassiliadis has proven to be a passionate leader that has the profound desire to see Pizza Donini grow and prosper. He brings a comprehensive focus on cost controls, quality of products and, most important, his positive relationships with existing franchisees and suppliers." Mr. Vassiliadis will be in control of all operations in this newly created position at the Company.
Mr. Deros is confident that Mr. Vassiliadis appointment will have a positive effect on the revenues and potential profitability of the Company and the plans for expansion and raising capital will be achieved. Mr. Deros will now be able to concentrate on the Company's critical strategic expansion plans for the future. No financial terms of the arrangement were disclosed; however Mr. Deros stated that Mr. Vassiliadis will be a shareholder of the subsidiary and he has agreed to defer receiving compensation until the Company's cash flow and revenues increase.
DNNC is now Pinksheets preferred
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=dnnc#getQuote
Well, I dont see it going below .01, though it's possible I assume. There have been positive PRs and developments recently, but unfortunately the PPS doesn't reflect it. I'm a bit bummed on this one right now. This should easily be over .05 by now. From what I've noticed, it seems to get good buying interest in the mornings, only to see little or no volume in the afternoons and the PPS just kinda falls. This morning looked great, had 350k all buys at the ask, but then someone sells 50k at the bid, drops the bid and ask, then another 50k drops it again, and so on. That's the thing with these low floaters, a little bit of buying or selling can move these a long way.
I'd be willing to say about $5k would clear out the remaining 1s and probably the 2s as well. As soon as some buying pressure comes, it'll be off to the races again. Until then, I'm just grabbing away in the low 1s hoping to see this thing turn around soon. Has huge potential IMO, truly think it can see $1 with the right news.
Agreed. The major PRs that will move this stock in a big way are an update on the US Franchising business and an update on the partnership with a US Pizza company. Still waiting on the details to come out, but I think the partnership will really move this stock, and any mention of the first completed US franchise should also help this sucker get over .05. Patience will pay off here.
