getting interesting again7 Jul 2006 16:55
In the bloodbath, DOO collapsed to about 180, since which time it has surged back to where it was ..... A few days ago, company announced that an unknown (or several) was in talks either to acquire a large stake or even to take over the whole .... sp promptly bolted to 320 ..... this morning it was announced that UBS (I think) now held 10/11%, yet the price has now fallen back to 272.
Either the predator(s) have pulled out, which i think is unlikely, or the very short-term holders have sold up for whatever reason.
IMO, DOO is intrinsically a good company and worth holding in any potrfolio of alternative fuel stocks ..... with that in mind, and very much taking into account the news of the last few days, this must surely be worth a dabble especially if sp falls very much further