Look right now T.DML has formed a base. T. FCU is a pure play looking for a take out bid. DML has been divesting itself of assets that have been holding it back in its attempt for a buyout. Market conditions for both suck, to put it bluntly. But, markets have a way of changing quickly. T.DML short position I think is around 9 mill. ( could be wrong correct me if so). News out soon. The 2'stocks have a relative value because of the merger attempt. Short position on DML will close causing the price to rise. (Short squeeze)'Dml at one point sp will surpass FCU and then the 2 will rise in tandem into the .80s
Both are a good trade because way undervalued. Look for a buy & sell before May on both.
Troyahorse wrote: In other words:
If DML SP goes up to $ 1.00 before the merger then I will take 3
If it goes to $1.50 I will be happy with 2 and
If it goes to $2.00 I will be ok with 1.5
It does not matter as long as we get what DR say we were worth right :-)
glta