The negatives for ITC at the moment are1.It is an oil minnow...

The negatives for ITC at the moment are
1.It is an oil minnow with a pretty average record.
2.It recently had a cash raising
3.Eddie had to put quite a bit of his own money into it. Brave thing to do but seldom viewed positively by the market.
4.The economy and the oil market are very volatile. People are staying away.
5.The market has been heading south for quite a few oilers such as ITC.
6.People continue to infer that ITC has a bad working relationship with VPE. Punters hate investing in companies that have inter-company problems.

Just a few reasons from the top of my head. All important.

Think of it as a wonderful time to invest.... Because.... things change.