Fidelity Investments Reports 46% Reduction To DFRG Position, Armistice Aggressively Does The Opposite

2/13/19

6/10/19, Sold 2288370 shares

Courtesy Tradingview

FMR’s first buy was on 3/10/14 for a 3% stake, which was increased to 8% on 2/9/17.  Visit this link to view FMR’s buying activity

On the other hand, while FMR was selling,  Armistice was aggressively adding, showing brilliant foresight before the recent May uptick.  They have made some incredible calls over the past 3 years, most notably with regard to CERC, a company that was under 50 cents during the summer of 2017 and is now approaching $6.00.  During moments when most would have taken profits, Steven Boyd was aggressively adding.  Below we have provided you with screenshots of their most recent DFRG buys in chronological order.  Cheers

 

We also noticed something just after posting this.  You see a very similar chart pattern in CERC and DFRG; one that is very unique.  The first picture is DFRG, the second is CERC, courtesy Tradingview

John Boyd interviewed on CNBC

He was also picked #2 for Institutional Investors “The 2018 Hedge Fund Rising Stars”

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