DDS has gone from being $20 stock during COVID crash to reaching $400 in 2 years, 20 bagger. A freaking Dirt Mall! WoW!
20 bagger! They've made such great profits in the past couple of years but I believe, eventually free money will run out and people will shop less.
From the technical standpoint we can see H&S very close to being complete indicating possible price collapse. However, if you look closely you'll see small bull flag in recent price action that could result in the upside. What's going for DDS right now is they're still riding the peak of consumer spending but there's no more room to grow there. Their share repurchase program has been going strong but I think ultimately, they used up that extra cash to buy back at premium.
Will they reward the shareholders with that nice December dividend like they've done in the past?
It's a weird stock that could go either way. If you're convinced there will be recession go Short. If you think unemployment will keep at record low you might as well go long here.
There will be many winners and as many losers in here. Gamble away.
20 bagger! They've made such great profits in the past couple of years but I believe, eventually free money will run out and people will shop less.
From the technical standpoint we can see H&S very close to being complete indicating possible price collapse. However, if you look closely you'll see small bull flag in recent price action that could result in the upside. What's going for DDS right now is they're still riding the peak of consumer spending but there's no more room to grow there. Their share repurchase program has been going strong but I think ultimately, they used up that extra cash to buy back at premium.
Will they reward the shareholders with that nice December dividend like they've done in the past?
It's a weird stock that could go either way. If you're convinced there will be recession go Short. If you think unemployment will keep at record low you might as well go long here.
There will be many winners and as many losers in here. Gamble away.
Comment:
The right shoulder ended up being at $381.