DRL: amazing buying oppty!!

Discussion in 'Stocks' started by Option Trader, Jun 11, 2008.

  1. Look at the history of DRL regarding recovering from dips, time after time again! B/c many people became aware of this opportunity, they brought the price down to the maximum level to try to squeeze some out--which is hardly more than what the private equity thieves paid!

    Although there is always a risk, I am convinced what I have said is a correct assessment of the situation. Current bid is $14.75 & ask is $14.82.

    Good luck!
     
  2. Bid is now $15.18 & ask $15.29.
     
  3. After a weak close, now bid is $15.33 & ask is $15.37--in spite of the liquidations from margin calls that seemingly occurred (hopefully the end of them).

    EDIT: 18 minutes later =$15.52 & $15.67. Important to know that it is a reasonable possibility it will dip again some time today and you may get it cheaper, but at the same time you risk losing the whole recovery.