Q: Is DOL experiencing a short attack pinning its SP back? By right it should not be trading so down for so long since it announced its stellar results and positive outlooks. Please enlighten us.
5i Research Answer:
DOL is up 41% this year, and down about 6% from its high a week ago. But note that is from its intra-day high. It is only $4 off its daily closing high. Considering the current market and the time of year, we would not see this trading as overly unusual.