{"id":6541,"date":"2015-08-13T15:11:09","date_gmt":"2015-08-13T15:11:09","guid":{"rendered":"\/?p=6541"},"modified":"2015-08-13T15:39:26","modified_gmt":"2015-08-13T15:39:26","slug":"dominovas-energy-corp-otcmktsdnrg-crashes-horribly-2","status":"publish","type":"post","link":"\/articles\/dominovas-energy-corp-otcmktsdnrg-crashes-horribly-2\/","title":{"rendered":"Dominovas Energy Corp. (OTCMKTS:DNRG) Crashes Horribly"},"content":{"rendered":"\n

Dominovas Energy Corp. (OTCMKTS:DNRG<\/a>) recently experienced an impressive surge that took it all the way from $0.072 to $0.212, but that all turned sour yesterday, and it looks like it will not fare any better in today’s session, either. <\/p>\n

Some investors have solace in the fact that even after yesterday’s horrifying 20.45% crash, the ticker is still about 100% up from where it was six days ago, when the surge began. Today’s crushing start hints at a momentum that will probably change that state of developments before long. But even if it doesn’t, the fact remains that this is one of the heaviest volumes that DNRG<\/a> <\/strong>has seen this month – and this time, the ticker didn’t soar on the wings of hype and heavy trading.<\/p>\n

One possible reason for the crash is the fact that DNRG<\/a> <\/strong>was getting severely overbought. Although the news surrounding it may be good as of late, the fact of the matter is that DNRG<\/a> <\/strong>hasn’t really achieved anything substantial to date.<\/p>\n

As such, the market cap of more than 16 million, which DNRG<\/a> <\/strong>had reached at the peak of its ascent, was more than a bit ridiculous – which is why it isn’t all that surprising to see the company’s price per share drop dramatically.<\/p>\n

Maybe the hype ran out, or traders decided to try and take some profits – after all, at its peak, one share of DNRG<\/a> <\/strong>stock was worth almost three times what it cost five sessions before the ticker’s climb started. Or maybe convertible note-holders decided to capitalize on their toxic agreements with DNRG<\/a><\/strong>. Maybe a paid pump targeting DNRG<\/a><\/strong> finally went bad – this crash certainly has that feel to it.<\/p>\n

At this point, there is no way to tell exactly what pulled the ticker into the stumble, whether the crash will continue and how low will it take DNRG<\/a><\/strong>.<\/p>\n

In fact, the only thing that is certain is that DNRG<\/a> <\/strong>will remain volatile and unpredictable in the foreseeable future, which is why investors wishing to make money out of it would do well to be careful.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dominovas Energy Corp. (OTCMKTS:DNRG) recently experienced an impressive surge that took it all the way from $0.072 to $0.212, but that all turned sour yesterday, and it looks like it will not fare any...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1714],"class_list":["post-6541","post","type-post","status-publish","format-standard","hentry","category-news","tag-dnrg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6541"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6541\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}