Saturday, October 17, 2009

DLAD - Play The Impending Pop?


I'm not a big fan of the companies that switch business models on a frequent basis, but with these Pink Sheet stocks you have to play with the crowd.  If a company can garner enough interest through a new business plan, or via other means, as a penny stock trader you can take this interest and use it to your advantage.  DLAD is becoming a mass media company now.  A recent press release is pasted below for your reading pleasure.

DLAV the old DLAD, undertook a significant rally a few years back from the same price range, albeit with less shares in circulation.  These days share counts seem to matter less and money volume seems to rule the day.  With a tremendous amount of money flowing into DLAD on Friday, a breakout of several 100% from here seems almost a given.

Lets not forget the history here.  The company just reverse split shares earlier this year by 1000 - 1.    There are 1.1 billion outstanding shares as of September 23rd, likely a whole bunch more since then.  They are authorized for 3 billion.  They pulled in a little over $20,000 over the first 6 months of 2009, which is nothing compared to what they can pull in selling shares in the open market, be wary of that.

From a plain and simple momentum and price perspective this stock should see $.001+ this coming week, with a blowout push over $.002 a very likely scenario.  Anyone that followed the DLAV run a while back would remember how it soared from $.0008 to over $.03 over the course of a week.  With the more bloated share structure, DLAD lwon't come close to those levels, although it is impossible to tell for sure these days.  DLAD is sitting just below its 50 day moving average.  A break above that mark would be confirmation that the stock is indeed moving higher.

Keep DLAD on your radar.


DealerAdvance Files Name Change to Become Cabal Communications Corporation

ADDISON, TX, Sep 28, 2009 (MARKETWIRE via COMTEX) -- DealerAdvance, Inc. (PINKSHEETS: DLAD) today announced that the Company has filed with the Nevada Secretary of State to change its name to Cabal Communications Corporation. In making the announcement CEO Steven Humphries said, "In August we announced that we were changing the name of the Company to Cabal Communications Corporation, to reflect our new direction to become a mass media organization. Earlier this month, we filed our name change amendment with the State of Nevada. This week we will file for the name change with FINRA as well as a new CUSIP, which may take up to six weeks to finalize. However, the change to Cabal Communications Corporation will pave the way for the company to become a full-blown media company."
In August 2009 the Company announced that it had entered the mass communications industry by purchasing Sports Page Weekly, a local Dallas/Fort Worth publication now in its eight year of publication and circulation. The Company has plans to enter into other mass communications industries, including, but not limited to broadcasting.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

5 comments:

Anonymous said...

Hopefully this OTCBB pick moves in a positive direction.... the stock seems to be struggling to move right now.....

Robert Wilcox said...

It all depends on the money flow. If it keeps coming the stock will continue its move higher.

Anonymous said...

Volume was definately present but considering how many shares are locked up it's only natural for volume to decrease as we progress, I am just hoping it runs past .002.

Robert Wilcox said...

Volume has let up and the price has now succumbed to the supply of shares. DLAD needs to make a stand here.

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