Not sure what this company does, the big gap up a few weeks ago got my interest. Have been building medium sized short average $21.25, down 1.1% but adding here. Clear stops and probably will be hunted but the R/R is too good if that gap gets closed. Not advise, good luck.
If you haven`t read Muddy Waters Research: "our research leads us to believe that DLO is likely a fraud. We also have concerns over its disclosures about, and controls of, client funds."
Then analyzing the options chain and the chart patterns of DLO DLocal Limited prior to the earnings report this week,
I would consider purchasing the 13usd strike price Puts...
November 16, 2022, Muddy Waters Research: "our research leads us to believe that DLO is likely a fraud. We also have concerns over its disclosures about, and controls of, client funds."
DLO DLocal Limited is a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets headquartered in...
