Pessimist I wrote three weeks ago:
You might think about holding off on those purchases or at least scale-in. Until the company announces profits from the sale of He, the share price will continue to decline breaking levels of support. If you look at the weekly chart the SP has been declining at a rate of about 5 to10 percent a week. At that rate you should be able to buy shares near $1.40 next week and may be lower the week after that. I think this will happen as DME has been missing timelines and diluting the company for well over a year resulting in a lack of confidence in management. I don't expect to hear of any He sales until the end of the second quarter.
There hasn't been any news and the low today (so far) is $1.30. The traditional Point and Figure chart has been looking very bad with multiple double and triple bottom breakdowns (depending on the chart settings) including the violation of a long term support line near $1.75 I certainly am not telling you anything you don't already know but I am waiting for the next levels of support around 90 cents to buy back. I have been a steady seller since $1.75 (at a loss) and am betting we will not hear anything until the end of the second quarter. Someone mentioned 90 cents awhile ago—they are smarter than I am.