DXI Capital Corp V.DXI.H

Another day another drop in SP

[Notmyfirstrodeo]

I did read that the management of this company couldn't be trusted to do what they say they will do. I was hoping that with a big investor looking over their shoulder they might get their act together and get a rig on site. This looked like it had the opportunity to be a good play but not so much anymore. 
The two biggest believers in this stock can't spell or write a proper sentence so their posts mean nothing. With no understanding of the oil patch or the volatility of the price of oil all they have is misguided hope. 
The price of oil is up but could easily go back down again. There are some short term reasons for this spike in the price that will go away soon and then the bottom could drop out again. DXI should have been drilling in December and they could be selling oil into this price spike to recoup their drilling costs. At this point we need to look at the very real possibility that they won't drill this winter.