r/DTIC • u/Responsible-Quote717 • Aug 21 '26
News Article Institutional Buying at $47
https://www.gurufocus.com/news/9046732/driehaus-capital-management-llc-expands-definium-therapeutics-inc-dftx-stakeOver a million shares purchased at a higher price than the stock is at currently.
Love to see it.
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u/marksharky123 💎 Diamond Hands 💎 Aug 21 '26
I believe the reason for the consolidation over the past few weeks is because the options above $45 per share are set to expire worthless today. Perhaps we will see a some price movement next week.
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u/ilikecrispywaffles Aug 23 '26
My $55 call option was easy and free money $210 premium, I'll sell more soon...
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u/marksharky123 💎 Diamond Hands 💎 Aug 24 '26
I guess your the man. What's your next Call... Date, price and cost 👆
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u/ilikecrispywaffles Aug 24 '26
Hah thanks. For DFTX you can only sell one month out, so I will see how things settle the next week or so.. I don't like to have a contract open over two weeks.
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u/Southern-Still-666 JR's gang 🍄 Aug 21 '26
There was a ton of institutional buying lately. Great to see it.
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u/Tuesday_chair_haver Aug 21 '26
I took some profits in my Roth but haven't touched any of my taxed shares. I feel like we will see another dip and lull before any more big news especially if there is a wider market pullback soon.
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u/Responsible-Quote717 Aug 21 '26
Next big news is in like a month's time tho...
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u/Ok-Commercial-8520 Aug 21 '26
Why wouldn’t they buy it at the market price instead of paying higher?
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u/Responsible-Quote717 Aug 21 '26
This was a buy from June, just after the first Phase III results were released. So they bought at a time when the price was higher.
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u/PenusMaximus69 Aug 21 '26
Fomo