DLS 0.00% 69.0¢ drillsearch energy limited

Strange trading volumes, page-39

  1. 1,122 Posts.
    lightbulb Created with Sketch. 81
    Well got nothing but theories....

    It is obvious to everyone now that DLS and BPT will either merge or have some takeover action either friendly or hostile.

    Just when and how will it be done?

    Both companies have banks/brokers on side and in registry. These have shares. Some would 'lend' these out for shorting...and lets put it out there, there are 22.5million shorts still open. One would think you would cover by now - not go further short.

    Question I ask is who will benefit from these depressed prices?
    Who will benefit from the mergers/takeovers?

    Someone out there knows and has 'some' idea what will be coming. Just not letting it out yet. Money yet to be made.

    Is it the shorters in the know somehow? Or are they playing russian roulette by shorting at these levels. Lets face it....any whiff of a takeover offer will see some premium come onto current share price.
    Is it those larger holders/bankers/brokers with some sort of knowledge? No...Cannot be as that would be inside trading or manipulation.

    Hard to think about it this way, but only two weeks ago DLS was trading above $0.80! Two weeks ago!
    So why increase shorting now? Cannot be oil price...so what is going on?

    It all smells to me....Not natural trading at all.
    And all holders are getting slammed in these dodgy processes.

    We will all find out sooner than later.....just hope we don't get too screwed in the process.

    In any case just have to ride it out - and keep 'guessing' at what most probably is already in the process of happening.

    Chess game at its best!
 
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Currently unlisted public company.

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