Not necessarily pointless. The IPO was oversubscribed at $1.35...

Not necessarily pointless. The IPO was oversubscribed at $1.35 and the broker report was one of the most detailed, comprehensive and balanced reports that I have read. Maybe there is hype somewhere in the detail but you can search for that in any number of reports. If you start discounting research reports because of bias or secret agendas then you can become obsessed with conspiracy theories. Those who have invested in DUG do so, in the main, because they can see the huge potential with a company with a solid track record, highly competent staff and already with runs on the board since listing. The drifting share price is on low volume and typical of a small cap after listing when the short term profit takers slowly move on and stop/losses are triggered etc. In the medium term I believe this will prove to be one of the more rewarding stocks currently on offer but, as always, it will be patience that will produce the greatest rewards.