$DFRG Continuation expected today possible 40%

The speculation regarding a possible buyout has gathered steam, but we are of the opinion that the $9 price is lower than what the company is actually worth. The stock has a very high short interest of 21% which has helped drive down the price from $16 a year earlier. Just 2 Hedge funds are in control of 30% of the shares with 1 of those funds Armatice, having grown their stake by 33% in the last 5 months. A buyout price of $9-$10 is a great deal for the hedge funds but not long term investors, hedge funds are not burdened by sentiment or quilt so expect a sale at any price in the coming days /weeks.


DEL FRISCO'S RESTAURANT GROUP INC.
Del Frisco's Restaurant Group, Inc. engages in the development and operation of restaurants. It operates through the following segments: Double Eagle, Barcelona, bartaco, and Grille. The Double Eagle segment offers prime grade, wet-aged steaks, prime lamb, fresh seafood, and signature side dishes and desserts. The Barcelona segment offers simple and elegant small plates and wine list. The bartaco combines fresh, upscale street food with a coastal vibe in a relaxed environment. The Grille segment offers an assortment of entrees, such as flatbread pizzas, sandwiches and salads