That is exactly right. This is why I refer to DECN as a "one trick pony".
Further, I would expect to see the DECN preferred shares to be converted into common. As you know, all/most of those preferred are held by hedge funds and venture capitalist types at a cost basis well below current market.
IMHO, the hedge funds and VC's are part of a select few that will make money trading DECN. Everyone else will be left holding the bag.