Longs - enjoy the ride. It is going a lot higher.
Sentiment: Strong Buy
bad for those who chased it down from $54 to $2 but great opportunity for those purchasing now. institutions have been purchasing even today as small investors do not purchase at HOD.
The big boys play games to steal shares from you. This one is going much higher soon - that is what stocks do - up down up down up... and "up" is next.
You need to EXPECT hills and valleys. I am not worried about a silly 0.12 drop after it gained 0.50. That's just a normal pullback by profit takers and day traders. The upside potential far outweighs the downside.
Unless you're a day trader don't be concerned that it went from green to red. Do not expect it be green every day or every hour during the day. Take a break and check where we are before turkey day!
The big money only holds true for those that sit back and not act on the daily fluctuations but act on the trend. We have a positive trend backed up with a lot of volume. This one is going much higher boys & girls. The institutions that recently bought between $2.50-$3.00 bought for a reason and will not be cashing in at $3. Good luck.
It is a direct result of the cc - DNDN will be in the green starting this quarter along with numerous positive potential pops - buy-out, lower cost of manufacting, etc. I expected a delayed reaction as have seen this in other stocks. I believe we will be back to where we were before the previous earnings report - $5.25 and if a buy-out occurs hello $8-$10 :)
This is due to the huge amount of shares short. Usually any stock that pops up most likely retracts. In the case of DNDN the bottom has been established and the reversal is now in place.
They assume all longs are from $50 haha...
If you are long you might be thinking of taking profits - don't do it! Soon we may see $1 gains so don't settle for a quarter. If you are short it's smarter to cover now than later. You can cover under $3 today or cover over $3 later this week. In a few days I will be posting - you can cover under $5 today or cover above $5 tomorrow.
don't bang your head figuring why it went from $54 to $2 and just enjoy the ride up to $10
not today but don't rule it out for tomorrow. appears a big player is switching sides - short to long. more to follow in my opinion. cc was very positive. i see a reversal due to cc and expect a steady movement upwards through end of year.
Never expect easy money on wall street. However I think it's just a matter of a few more days or weeks before the stock price trend reverses and starts turning around in sync with the company revenues and cost cuts forecasting positive earnings starting this quarter. A buy-out could happen but that will come unexpectedly and sudden at any time.
DNDN reached the bottom, bounced and is now heading north and 2014 may be a historic year as it once again reaches the $15-$20 mark
That question not being asked had to be intentional as why would no one ask such an important question? Because the big boys want to buy as many cheap shares as possible before DNDN grows wings and flies to and above $10 - it will happen it's just a matter of time.