Australian Investment Blog
ASX:DMP 24/05/2018
Is Domino’s Pizza (ASX:DMP) ready for a buy?
Stock
Domino’s Pizza (DMP) $44.47 as of 23/05/2018
Event
DMP has a significant short position of 18.3%. You can view short positions here: https://www.shortman.com.au/
Market Matters Take
At MM we don’t like DMP as a business / long-term investment but a short squeeze would not surprise us with our potential target around the $50 area.
- Extremely aggressive traders cold consider buying here with stops below $43, solid risk / reward but not a position for MM due to our overall view.
To read our full report "Looking at 5 Potential “Short Squeezes” Into EOFY (DMP, SYR, VOC, APN, JBH)" on the top 5 short positions in the ASX click here
Domino’s Pizza (DMP) Chart
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