RE:Going to Get Very Interesting..........prospector001 wrote: Lets see if the shorts want to hold a short position over the weekend ..... especially when anything can happen in 2 days of no trading!
Take Care All
Only 162K shares shorted as of EOD August 15th, way too small % compared to the total float to have any significant impact on the price IMHO.
https://www.canadianinsider.com/short-report?ticker=DBO
The SP will most likely retreat sub 0,10 before it goes back up, but they will need more NRs with concrete evidence of positive impact on their short term revenue. The Ubisoft deal is nice but once again way too vague and without the introduction of a low cost home seat it won't have any impact on the bottom line.
Remember that D-Box is on life support, they only have cash left for roughly 12 months in the best scenario,so money needs to start comng in fast.