DXI Capital Corp. (DXIEF)

[bigfish1972]

Hey men, a bet's a bet! If you're ever down this way, steak's on me. Or if I'm ever up that way.

I sold at .2024 from a .2218 entry, less than a 10% loss, and look where it is now. If there's one thing I've learned, it's don't hold onto a loser expecting it to come back up. If DEJ stock ever starts showing some signs of life again, I'll jump back in. But look where it is right now. The depths of despair. You have to go back to 2009 to find the last time DEJ traded under .21. I guess if I had looked at the chart that far back for where the next support was, I might have bid on it in the .18s. That's just a pitiful performance, imho. It doesn't really seem like a good, long-term investment to me, based on the chart. When I look for a long-term investment, I like to see a long-term uptrend! Considering DEJ stock is lower now than when it first really started trading in 2005, I'll pass. If...and that's a big if...DEJ stock can ever really start showing signs of promise, I might get back in it. I think I would only get back in if it broke .32 and support held there. The pps really is no indication of the value of the company, but I think it does reflect on management, and I think management has been very poor this year with DEJ. They can show so much promise, only to screw shareholders right afterwards. Hell, I bought this pos stock back last December at .42 for a long-term hold, and never sold even when it hit .60. Finally sold for a loss at .36 back during that spike in May.

For a company that pumps more oil out of the ground that other oil companies like SSN that trade well over a dollar, this is ridiculous and pitiful. Still, it is awfully cheap and I might just put a bid in at .1815.

Good luck to everyone here, and I sincerely hope this stock starts performing much better. You are all a great bunch of people here and deserve much better!!!