OK. Here it is. 1. Max Pain for DNDN (Feb 20) is at 10!! 2. The shorts gave us a small preview of their strength, as they tested their ability to drop DNDN on 5 Feb. They were able to take us down from an open of 14.1 to a close of 13.3! This with a day�s low of 13.06. I think they learned that they could drop the pps, and that they hip-pocketed this information for the upcoming Options Expiration date. 3. The amount of money involved in having both the 12.5�s and the 10�s expire worthless, is obscene. It is so much, that I do not see how the MM can pass on the temptation. All of this considered, I see the odds of us getting taken down to at least the 12.5�s are more than scant. I weigh this against my concern not to be out of DNDN, even for a day. It�s a tough call, but I need to err on the side of safety. Accordingly, I am on the sidelines, wishing all of us the very best of investment outcomes. sam
That is "THE" lesson of all for DNDN longs IMO. Blowing out those stops on IMCL meant that little guy retail investor had two choices: 1)Hold without a stop loss 2)Place a stop loss and get taken out.
When IMCL reopens for trading most likely those taken out will not only be left out of the party but they will have taken a loss - and this on the biggest day of the company. That is tough to take if you woke up a long and were optimistic for the upside performance of your investment.