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5 Day 1.25%
15 Day 1.64%
1 Month -14.09%
3 Month -10.33%
6 Month 23.13%
1 Year 46.91%
As of: 11/20/09
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Bought 60 shares of DFR at 0.70

k-man posted on 08/11/08 at 09:23 AM (Note posted about 8 hours after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 0 (0%)
Users Sold (30 Days) 0 (0%)
Market Cap 36.79M
52-Week High 10.39
52-Week Low 0.90
10 Day Volume 12,000
P/E -0.52
EPS (Trailing 12 Mos.) -10.92
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: DFR
Quantity: 60 shares
Price: $0.70
Value: $42.00
Stop Order: No @ $N/A
Target Price: $2.50
Decided to play the earnings release, and glad I did.  After-hours trading had DFR up as much as 70%.  The kicker was that a one-time 0.085/share dividend was declared.  Revenues for the quarter were up slightly as well.   Overall, my cost basis now down to 1.39 (not counting commissions), but when my existing covered call gets factored in, the cost basis drops to around a dollar.
Edited by k-man at 10/07/08 at 03:20 PM
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Posted by k-man on 08/11/08 at 09:23 AM

Tag It | 1 user tagged it: DFR, stock, buy, speculative play

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corbinb2

Member since: Nov 07
5 Day -12.16%
15 Day 11.12%
1 Month -7.90%
3 Month -63.80%
6 Month -93.80%
1 Year -84.74%
As of: 11/20/09
How is this calculated?
Trades 214
Trade Notes 217
Blog Posts 86
Business Owner
Age: 40's
AZ UNITED STATES
corbinb2
Posted August 11, 2008 (09:44AM)

If your already into the stock you can't hurt anything by bringing your average down. I'm not sure I would jump on this if I didn't already own it. My charts this at worst overbought (prob due to earnings report) and at best neutral. After market price is hovering around $1.00 plus a share. You may do well get as close to even as you can on this and bail or be prepared to hold it for a while.

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k-man

Member since: Nov 07
5 Day 1.25%
15 Day 1.64%
1 Month -14.09%
3 Month -10.33%
6 Month 23.13%
1 Year 46.91%
As of: 11/20/09
How is this calculated?
Trades 40
Trade Notes 36
Blog Posts 32
Systems Administrator
Age: 30's
Georgia
k-man
Posted August 11, 2008 (02:46PM)
I believe the market will express its sentiment tomorrow morning at the opening bell.  AH activity showed a 70% spike in the share price and if the new levels can sustain itself between now and 3Q, DFR can put the issue about delisting to rest.  My exit strategy here is to hold the stock and sell between 1.39 and 2.50.  If new options become available, I'll write calls to exit at 2.50.
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