Latest update DF stock new target and FFN latesthi all, markets closed in the US and back to work tomorrow. However lets look at the following CME Fedwatch on the rates. Latest shows they will cut and i believe they will not. See the link as the count down is now at 15days. see link
https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html.
Now lets look at our Fear and Greed Index. So far Neutral and "stock price strength" is still in Fear and not good overall. See the link for the latest...
https://www.cnn.com/markets/fear-and-greed Now as for DF stock, looking at the news today as management bought on the dips over the past year. Class A shares was modest and the outstanding number is very low. So this is good for DF Class A shares and a set up for a new 52 week high. My target on the news and run up is $5.60 a share. Check out the chart and it is a little scary to look at over the past 2 years. Right now the news is a perfect picture on more shares to be purchased and less float is good news for the share price.
As for FFN stock no chart and no target as nothing has changed so look at my last post.
One investor who bought DFN 6 months ago from Quadravest. Take a look at the shares outstanding and compare with DF in the video. So think about how this management team will work around getting the price higher buying more shares on our news today. Remember very high risk unless you follow the cycle...good video and reminder also. Take profits!!!