Replies to post #70193 on Koil Energy Solutions Inc. (KLNG)

[ClayTrader]

No games, somebody decided to unload a position... DPDW is a good company, but IMO people shouldn't treat it like 95% of other penny stocks and try to turn the PPS action into some sort of "X-Files" episode...

Supply is outweight demand right now, and after equilibrium is reached, things will be fine. Judging from L2's, it looks like it has just been a larger position holder who is deciding to lighten up the position. As for the reason, you're guess is as good as mine... maybe they just want to move some money into another sector? Who knows...

All IMO...

[jk21]

it very well may be repeated; but from 2.90 down to 1.75 or something along those lines. ;-D

[jchawk]

There's no guarantees with any investments that they will go up or down.

DPDW has postured that they want to continue to grow the company and eventually uplist. If you look at what they have been working towards with all the acquisitions and balance sheet clean up it is the most logical conclusion.

This stock still trades like it's on the OTC because it's on the OTC. Move this thing to a big board, add better controls over it, and fund investment and you should ease out some of the swings.