DGNS do not know any reason in particular but, this one seems to have buy written all over it. I already have my shares of DGNS stock and call options. Decided to buy more call options in the future. Can this be another BKKT? Higher volume today, options chain shows buying coming in too at various strikes and months. High institutional holdings to boot. Not sure of the catalyst but, seems ready to move. Got into it, 08/17/21. Sitting still and waiting. Hopefully, another big winner. Let us wait and see.
You can buy the $10 straddle for $0.50 and sell the $12.50 calls for for $.20. So $0.30 for $2 of upside. That almost seems like a no brainer. Somebody made that trade it looks like with over 4000 contracts on the straddle It can't be that easy. This thing has to be pegged to $10 until the 19Th.
This stock seems ready to run up. Do not know the catalyst yet, but, all signs seem to point higher is all I know. Institutional ownership actually increased from the time I got into it to now. About 6% higher now. Volume today on the stock is also, significantly, higher. BKKT I bought the call options at $0.65 each. DGNS I bought my November 19 $10 calls at $0.32. Trading at $0.50 per contract right now.
Okay. Cool. Huge volume spike today of over 4,000,000 shares. Will be selling my expiring November 19 call options either way.
There is a proposed merger between Cvent and Dragoneer Growth Opportunities Fund it seems like. What both CEOs are saying is that both companies are a great fit. We shall see how it shakes out.
They're going through cash as if it was a biotech, meanwhile - One needs dig deeper into each project that they're into.