i've gotta tell you all. DK is such a "no brainer" to me that i wonder why you guys are not buying. 81% of the float owned by insiders and 15% by mutual funds. of the remaining 5% or so, half has been sold short!!
when this sucker blows there will be no exit for the shorts. they should have an increidble quarter past and current. i'd get on it while you can.
my post is factual. "float" is what matters not what is held in treasury or by the parent company. the float is 955 ownded by insiders and funds and half the available "trading shares" are shorted. Why don't you ut in an order to buy 5-10k shares "at the market" tomorrow and you will see exactly how many shares are available for trading.
p.s. please let me know if you do this so i can put in a sell order at $10 because that is where you will get filled!
sure they can sell, but you should note that insiders have been buying shares recently as have institutional players. you think that they will sell with margins blowing sky high and sector rotation into cyclicals? answer would be no.
DK is probing the upside right now and ready to explode. i think we can see $14-15 pre earnings and then a run to $17-19. imho.