The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / Energy Discussions and Investing

URL:  https://boards.fool.com/back-down-11-as-of-230-edt-on-more-than-double-25038005.aspx

Subject:  Re: DSTI - How low can it go? Date:  1/14/2007  9:16 AM
Author:  Pituophis Number:  443 of 492

Back down 11% as of 2:30 EDT on more than double average volume. No news? I can understand this is a profit taking selloff from yesterday, but what was up yesterday? --Axl

I have no idea. Lot's of speculation over on the Yahoo board. Either some news leaked to a few people that DSTI has secured financing or at least is able to make the next note payment, or a few market manipulators came in and bid the stock up, then everyone else jumped on the bandwagon thinking (like I did) that someone does know something. Just goes to show what could happen if news really does come out one way or the other - that they've secured financing or that they're facing BK....
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us