DLS 0.00% 69.0¢ drillsearch energy limited

dls needs to raise cash, page-41

  1. 14,981 Posts.
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    Good post barneyw, nice to have quality contributions such as this!
    Form what I can tell, with my limited knowledge, it appears DLS has a lot of new credibility with Brad Lingo as MD.

    On a technical note, the buy side is growing and some of the sellers have pulled out of the 9's, the capper at 9.5 in particular.

    We are also seeing more $20,000+ buy orders, not a multitude of $2000 small day traders or mums and dads.

    I suspect we will have 10c behind us imminently, as a base for higher levels. The new round of results at Marino-1 due out in the coming week will be the judge anyhow. As I've said on another stock, I'd prefer to have a hand at the table rather than watching from the sides.
 
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