That 20% up day last week was a nice short squeeze, notice the drop in total short positions. However, then the annoucement of Vendor threatening to kick DNA off the property put risks levels up a lot.
I'm still scratching my head on this one. Doesn't add up and I'm trying to deal on facts rather than my emotion. Legal realities, financials, debt/cash, common sense etc. It is tough though, in a hole like everyone.
Interesting that the injunction on Star Paradise isn't being enforced. I hope there is a legal reason for this - pun intended.
What does that say about the injunction to prevent termination of lease and throwing DNA off the property?
This is difficult because DNA has to play a straight bat, as it should anyway, because it is a public company. I get the feeling this in an uneven playing field in some 'areas'.
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