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Phoenix Tree Holdings Limited (DNK)

NYSE - Nasdaq Real Time Price. Currency in USD
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2.36700.0000 (0.00%)
At close: 11:41AM EDT
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  • a
    abdisalem
    When this is going to resume?
  • L
    Luc
    $GSX conversation
    China’s AirBnB $DNK is getting delisted today by NYSE for “failing to make timely, adequate, and accurate disclosure of information to its shareholders and the investing public”. Larry Chen and $GSX should be running in panic mode now. The SEC investigation into GSX is one year old. on average it takes one to two years before a company is delisted. GSX auditor Deloitte has refused to sign of their books for the 3 last quarters. The end is near...
  • L
    Leonardo
    Hello! Any news today about this?
  • H
    Hanz
    I believe because Ant Financial filed the 13g late this is causing problems with the buyout. By filing late this allowed Ant to pick up shares on the cheap which I'm sure the SEC has an issue with.

    If Ant followed proper protocol the 13g would've produced a press release on DNK stock. In return would've caused the stock too increase in price. So by filing late they were able to pick up shares on the cheap.

    DNK was halted hours after the 13g. A late filing isn't reason to halt a stock for more than 10 minutes. I assume the delay is due to buyout discussions. I believe the late filing has thrown a wrench into the picture causing additional delays.

    This is the only plausible explanation I can think of why this is taking so long..

    When we do start trading, if we get bought out, we could see losses as great as 30% if the offer is low. If we get a premium I expect we could see as high as 300%.
  • H
    Hanz
    $DNK
    ANT group is on Acquisition statement filed on 3/15/2021

    sec.report/Document/0001104...

    That means AliBaba group is buying them , will buy with premium.

    hoping good news !!!!!
  • y
    yongdae
    what's going on?
  • K
    K
    NYSE to suspend trading immediately...
    www.BusinessWeek.com/news/home/20210406005658/en/
  • y
    yongdae
    Will it be open on Oct??,
  • H
    Hanz
    Called the broker today. They said DNK placed the halt not the SEC. DNK has news they will be released. Broker said it could be released today or she has seen some stocks stay halted for a few months. Either way DNK has news they plan to release. What that news is -- nobody knows. The stock market is filled w/ white collared criminals so I'm sure DNK and the hedge funds will find a way to screw the retail investor out of his/her money while they reap the profits. All we can do now is wait for the company to release the news. Good-luck!
  • B
    Beau
    Halted for news pending. Fingers crossed
  • H
    Hanz
    $DNK Ant Financials took a large position on this company. Why trading has been halted is because they failed to file the proper 13g in a timely matter. If they don't comply, could be de listed. If they do, this stock will go up massively.
  • M
    Majid
    Any update here?
  • a
    abdisalem
    What consequences of being delisted on stock price
  • n
    nishantzala
    what the......3 hours of halt for a news?
  • W
    Will
    Any update on this?
  • a
    abdisalem
    Hello, why still trading halted on this?
  • H
    Hanz
    $DNK So by default the halt should lift by Friday at 11:40am or we get news the SEC granted DNK an extention to the halt. Either way we should know more by Friday at the latest.
  • M
    Mark
    DNK was up over 20% and nobody is commenting.
    Still up over 15%.
  • H
    Hanz
    Added 4,000 @2.07
  • D
    DOGE LIGHTNING
    this company is losing a lot of money im not sure what the deal is with companies like this. the business model looks very promising and should be implemented in other countries for sure. the balance sheet worries me theyre not profitable.
    Neutral