Its a sector move down. The bluest of blue chips are getting slapped so there is no reason to think that DNR won't join that party. Natty may hit 1.60 before finding bottom. I happy averaging down from here. Hold the course.
It is all about the Oil price now. DNR is a well run, efficient company, however everything going forward regarding the share price is primarily based on the price of Oil. If Oil comes back and returns to 55 plus, DNR will be headed back to 1.20 and higher, following Oil.