Dividend 15 Split Corp T.DFN

NAV

[AnEducator]

Currently hovering around $14.63.

I am quite astonished at all the lemmings salivating with glee at these ostensibly bargain prices, catapaulting in with both feet and helping to support the price above $6.00.

Market participants are so irrational, none of us can even be sure if the price will drop when DFN ultimately announces a missed dividend payment.

[amugsgame]

Agreed...the mentality around DFN reminds me of the MEME stocks.The only thing to do is to play the game thinking like them but be one step ahead. That's why I won't be greedy on my short position because I know they'll come roaring back to buy in the mid-or even high $5's    

[mouserman]

Well there is bound to be a bounce up in the markets , but the trick is remembering deadcat bounces do occur, and trap stubborn longs who have fallen in love with the stock. These split funds are  great in a bull market, but painful and tricky to trade in a series of corrections. Shorting this was the best place to be , and those who believed that will be profitting while others  (longs)

[Mmb060]

Same here..  Ill start covering on the announcement which should pull it down to 5.75ish