Jul. 28 at 2:14 PM
$DFSC If those original 673K financing shares have now largely been distributed into the market, that particular source of selling pressure eventually ends.
That doesn’t mean DFSC immediately rebounds. There could still be other sellers, and the company absolutely still needs to execute.
But it changes what I’d watch now.
Instead of obsessing over every penny lower, I’d watch for volume drying up near the lows, stabilization, then a sudden increase in buying volume. If that happens after the financing supply has been absorbed, the tiny float and poor liquidity that hurt DFSC on the way down could amplify a move in the opposite direction.