Can DS Finally Bust This Level?
Looking at the Fibs, $NYSE:DS is once again testing this technical level. It's been a decently strong level of resistance for months. Only was able to break above it briefly but couldn't sustain itself for more than a few days. With the vaccine set for delivery in this week, it's going to be interesting to see how epicenter stocks perform. Will we finally get that bullish move in reopening stocks?
Last month, Drive Shack reported a very solid earnings report for the third quarter ending on September 30th. In the report, the company stated that it was able to bring in revenues north of $66 million. CEO of the company, Hana Khouri, stated in its last Q filing that “we are pleased with our third-quarter results as we see our venues and courses continue to build momentum over the year. Both of these businesses delivered positive financial results in the quarter, even with the challenges we continue to face with local restrictions and mandates with large group gatherings.”
QUOTE SOURCE: Penny Stocks To Buy Under $3 Right Now, Are They Worth The Risk?
Last month, Drive Shack reported a very solid earnings report for the third quarter ending on September 30th. In the report, the company stated that it was able to bring in revenues north of $66 million. CEO of the company, Hana Khouri, stated in its last Q filing that “we are pleased with our third-quarter results as we see our venues and courses continue to build momentum over the year. Both of these businesses delivered positive financial results in the quarter, even with the challenges we continue to face with local restrictions and mandates with large group gatherings.”
QUOTE SOURCE: Penny Stocks To Buy Under $3 Right Now, Are They Worth The Risk?
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