Diversified Oil and Gas Holdings (DVFI)

[arch_oil]

many longs on this board have disappeared, probably sold when that last PR hit the wire. "sachi" is gone, and a few others and I know ther were holding large positions >=2M shares. BIGN fell almost 50% so far since the press release. IR is not being very honest and feeding bad information to shareholders. The delays have taken it's toll with issues of shareholder respect and management credibility. Lancaster was supposed to change all of this in May. The chart looks like a zero gravity roller coaster, up/down up/down, obviously nobody but flippers here. When and if someone with balls decides to take a few large positions, this stock has just enough present in the float to cause this type of downturn. Unless something changes here fast I think this stock may actually be a loser. I was hoping for a winner. The delays and excuses should not be tolerated by shareholders thus the punishment of the stock price. Until we get another 20 million shares locked into strong hands this baby goes nowhere. Even with great news the flippers will crush it. Maybe time to lick the wounds and move on. I'll give them two more weeks to deliver on the LOI, otherwise I'm out.