DNDN Craziness Continues

Shares Halted

By Bryan Bottarelli
Tuesday, April 28, 2009 1:49 PM EDT
Tue, 28 Apr 2009 17:49:00 GMT

Dear Bottarelli Research Member,

Today’s action in DNDN is exactly why we entered a strangle position. As I write, shares have been halted. And in contrast to this morning’s sharp upside, the stock is now aggressively selling off. Check out this amazing chart:

DNDN

Perhaps news of their results was leaked? Either way, our decision to lock in a 44% gain by selling half of this super-volatile position this morning was right on the money. Now, if the stock sells off aggressively, our puts will blast the remainder of our strangle position higher. As always, I’ll keep you fully informed. But thus far, we’re playing this puppy beautifully!

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli

Bryan Bottarelli
Editor, Bottarelli Research

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