DXI Capital Corp. (DXIEF)

[SOUTHPEN]

If Dejour management acted in a responsible manor,they would be trying to have insider buying become prevalent , in order to raise share prices thus ; when equity finance was needed ,the company would dilute less.

Instead their strategy seems to be allowing the share price to fall or stagnate to levels where insider options can be opportunistic to themselves and at the same time raise needed capital ,without cost or time of private placements. (even though their options are a placement of sorts ,.... without a lot of the outside influence).

I understand their theories and practices and quite frankly , don't agree they are doing what is best for the Corp. but instead what is OK for the Corp. and very good for themselves. It is a transfer of ownership from retail to insiders at the expense of everybody involved ,including of course (to a limited extent themselves) ,since they too,.... are shareholders .

Your question seems to be asking something ,you already are convinced is correct . Following technical charts might lead you to the low ,in which case you would buy. I would rather specifically , buy at the same levels as management ,which is why the share price stagnates . It is why their methodology ,of buying through executive compensation is bad. Market players like you and I "will only" or better said ,"should only" buy at levels insiders accumulate at ,...and no more. Sad reality

Fundamentals are how to play Dejour ,not technicals, that can so easily be manipulated ,in my opinion. The fundamental truth is Dejour lives and breaths on the actions of the few executives ,which is why we stagnate at every upturn ,which despite asset value screaming out to the market ,...This is a BUY, we suffer an endless amount of traders watching the insiders and reacting to their flawed strategy.