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Dlocal

DLO DLocal Limited "is likely a fraud"If you haven`t read Muddy Waters Research: "our research leads us to believe that DLO is likely a fraud. We also have concerns over its disclosures about, and controls of, client funds." Then analyzing the options chain and the chart patterns of DLO DLocal Limited prior to the earnings report this week, I would consider purchasing the 13usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $1.87. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:DLOShort
by TopgOptions
DLO"our research leads us to believe that DLO is likely a fraud"November 16, 2022, Muddy Waters Research: "our research leads us to believe that DLO is likely a fraud. We also have concerns over its disclosures about, and controls of, client funds." DLO DLocal Limited is a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets headquartered in Montevideo, Uruguay. Muddy Waters Research: "we found a series of lies that the company has told, along with accounts it has altered to corroborate the lies. This series of lies had to do with disguising the timing of an option exercise and the source of funding for that insider option exercise. Absent the most glaring level of incompetence, these account alterations should point to fraud." DLO DLocal Limited reminds me of Wirecard WDI in 2020. It was the pride of the German fintech, included in DAX30. a lot of people were buying WDI on its was down, thinking about a reversal, a buyout or a bailout from the authorities. German prosecutors have charged Wirecard's former chief executive Markus Braun and two other high-ranking managers for the colossal commercial fraud that led to the collapse of the payment company. But financial fraud in payment companies usually ends with bankruptcy. DLO DLocal Limited`s IPO was on June 2, 2021, at $21. Most of the companies that were listed last year or IPOs are now trading at a huge discount, but not DLO, which today traded at the same IPO price. Today DLO went from $20.94 to $10.29, but if the accusations turn out to be true, then i am ready to see $1, or even less. The market cap of DLO is still high in my opinion, $3 Billion! Even without this report, my price target would be around $8. Looking forward to read your opinion about it.
NASDAQ:DLOShort
by TopgOptions
1
DLocal $DLO is giving signs of recoveryNASDAQ:DLO is one of the new hot growth stocks that is in everyones radar. The good thing is that as it has been beating up for the las few months, it may be a good play. Since December the MACD is been signaling a bullish divergnece. Now, after a good double-bottom it seems that the price has made a pause making a handle. This volatility compresion with low volume is the perfect signal for an explosive move. And that move may be upward. Still growth stocks haven't been working so I would play very safe. Start with a buy at $34.50 with a small position and then add up as the price maintains the bullish move. Also, beware of the support and resistance zones.
NASDAQ:DLOLong
by dpuleo19