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Dollarama Inc T.DOL

Alternate Symbol(s):  DLMAF

Dollarama Inc. is a Canada-based company, which offers various assortment of general merchandise, consumable products, and seasonal items both in-store and online. The Company conducts its business through its subsidiaries, including Dollarama L.P. and Dollarama International Inc. (Dollarama International). Dollarama L.P. operates the chain of stores in Canada and performs related logistical and administrative support activities. Dollarama International has retail operations in Latin America through Dollarcity, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador and Guatemala and stores located in Colombia and Peru. All stores are corporately owned and operated, and are conveniently located in metropolitan areas, mid-sized cities and small towns. The Company operates approximately 1,569 stores across Canada.


TSX:DOL - Post by User

Bullboard Posts
Post by Strohs16on Nov 01, 2018 11:40am
142 Views
Post# 28908270

Short attack

Short attackSo some observations on this short attack.

i went through this with EIF.

one of the best things EIF did during the short attack period was there was a significant increase in insider buying during the period where the share price was weak.  They also responded to the short report in the press.  Typically these short reports are issued during the ‘blackout period’ so that the company ownership cannot reply with insider buying.  I’m not even sure if if the company can respond to the short report in the press during the blackout period.  I can’t remember.

also think it’s funny that some law firm in the states had a release today referring to the short report from the previous day and asking DOL investors to contact them re a lawsuit claiming malfeasance on the part of managenment.  This happened in the EIF short attack as well.

congeats to those who bought on the early morning weakness.

i added to my position during the weakness yesterday and I’m already overextended on how much DOL I own so I unfortunately didn’t add any more this morning.

great response in the market today in the share price.

if I get close to break even I do plan on selling as I currently own double the amount of DOL that I would prefer to own.

GLTA longs 

F the shorts

Bullboard Posts