Dakota Plains Holdings, Inc. (DAKP)
DAKP is up over 24% on volume over the 90 day average.
The high for the day is $2.59.
Let’s look at the company and why we see this.
Dakota Plains, Inc. engages in developing and owning transloading facilities to support the loading, marketing, and transporting of crude oil and related products from and into the North Dakota Williston Basin oil fields. The company was founded in 2008 and is based in Wayzata, Minnesota.
They announced a huge funding on June 17th. On June 18th they held their annual shareholders meeting online. I wish they all did these online.
There is plenty of positive buzz about the company. In the past six months the stock has been nearly double present levels. In the past year it has been as high as $8.
