DNDN halted after close................

Quote from mensa_trader:

DNDN currently at premarket $20.52 up $13.29

At this price, would you guys still buy?
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Nope ... my rule of thumb after such major catalysts and parabolic spikes is to let the first or second round of profit-taking happen and then buy on a nice dip.

Disclosure: I have no interest in trading DNDN
 
Quote from flytiger:

they are dropping a bomb, and releasing results before the open.

If it's positive, and judging by stock action it is, there is going to be a lot of blown out accounts. DNDN was a longtime sho stock, and could have a multiple of the float short.

Maybe these idiots will decide the risk here isn't worth it, and start turning down these flybynight offshore funds as "customers".
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nice call flytiger, I did not see any major bump up after hours the stock ended up a buck, what did I miss, were you referring to the volume traded? thanks.
 
Quote from rickf:

I played DNDN in 2007 - to this date it's the best options speculation I ever did and I'll never forget what that Mother of All Short Squeezes gave to me. :)

This time, I sat on the sidelines and watched. If it skyrockets, congrats to the longs; I had my fun with DNDN in '07. Not going to press my luck!
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I was in it back in 06 - same result. This thing was always shorted like a bi7ch. Good for the company.
 
FWIW there were a couple of Profs on Minyanville that were touting the stock all of yesterday before it was halted and Fil Zucchi had laid out a play where you sold the May 10 bught the May 15 and took the credit and bought the April 15s in a ratio.
 
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