D1 Oils - Charts, News and Discussion

Space cadet 33

Your charts ignore 2 very pertinent facts

1) The reason that DOO's stock went on a downward spiral was because of very clear and deliberate shorting of the stock by those institutions who "anticipated" the fund raising. These institutions have now bought in to the stock and will no longer be shorting it

2) the AIM market is absolutely shot at the moment with floatations being pulled left right and centre and most institutions, the sheep that they are, are not investing in any AIM stocks. These same sheep are whinging that AIM is at an all time low when the main market is at a 5 year high. As a result "redemptions" (where major investors demand money back from institutions to cover their own liquidity) are happening all of the time. This situation will in my opinion change in the new year when the sheep with half a brain will realise that the solution is in their own hands and they will start to buy the obvious bargains that there are on AIM ahead of privatisations and mergers. The fact that DOO have relatively easily raised moreorless 100% of their market cap under these conditions INMHO leads me to only one conclusion, that the instituions already recognise that DOO is the first of these bargains and that the stock is a one way bet. In addition the managment have clearly got a well thought out strategy which they are about to implement

We'll see