OTCPK:DSLEF - Post by User
Post by
Dtraders1on Jun 26, 2018 12:31pm
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Post# 28230699
My 2 cents
My 2 centsI waited before writing this because I wanted to have enough data to analyse what's going on with DLI. The last news says they gave the chinese 60 mores days for the investment deal to be completed, what I understand is the chinese are waiting for the permit review and I would do the same if I was them. The shareprice is now under 1$ and the transaction volume is lower then when it was above 1$ so this tells me there's not much investor willing to get out at this level of price. Anonymous is very active on DLI and push the shareprice down for several weeks. This is a planned move by Anonymous because they are been active for that long. I was wondering why would someone bring the shareprice lower and lower almost every week? Maybe they wanted to get out and cash in but then again Anonymous is also buying wich is conflicting and hard to figure out what's going on. There was nice buying power for a while but Anonymous kept selling to create a selling pressure and moving the shareprice down. If they really wanted the get the most out of their shares they would sold at a lower pace and smaller lot. So I am starting to believe this is a manipulated shareprice in order to achieve something, is someone interested in buying DLI and when the price is down enough makes they move to propose a takeover? What this plan to just get rid of weaker hands? Or simply someone wants to sell out all his position in DLI.
Anyway the turning point will be when they anounce the result for the permit review until then there will be many speculations.
Until then just enjoy this nice summer :-)
cheers