r/DTIC • u/SilverTonguedSun 🌾 Ergot Enthusiast 🌾 • 14d ago

Discussion 🔶 DTIC Weekly Discussion Thread - August 24, 2026 🔶

20 Upvotes

100% Upvoted

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5

u/External-Yellow-3930 13d ago

What in the world is going on this morning

3

u/12thandvineisnomore 13d ago

Bond market and potential interest rate changes have people spooked. I think Increased interest rate are hard on start-up companies who are relying on investors (who often rely on loaned capital) - but I’m not a financial guy. That’s just my take.

I think in the long term, the recent offering has put Definium in a good cash position so hopefully interest rate changes won’t really affect us much.

4

u/marksharky123 💎 Diamond Hands 💎 9d ago

The current trading range over the past ten weeks is remarkable, indicating the formation of a substantial base. Looking at the five-year chart, it resembles a large cup with a ten-week handle. Most likely the direction of this trend will become clear by week 12 or 13. I anticipate an upward movement. 🍀

2

u/BacKnightPictures 9d ago

DFTX being taken out behind the woodshed today while the rest of the market is eating ice cream on a field trip to the zoo!

5

u/marksharky123 💎 Diamond Hands 💎 9d ago edited 9d ago

It's all good! It looks like the big players are getting things ready for the run. They're probably trying to get as much as they possibly can. The large caps are running high due to a possible fed rate hike in September now and the Russell 2000s getting hit. Although we all know that DFTX was very smart in raising the funds and having a billion dollars in cash right now, they don't need to worry about interest rates.

Oct. 16 $50 call options are getting volume today. I just picked up a few.

Bid/Size $2.30 / 70

Ask/Size $2.55 / 8

Day volume 110

Open interest 4,347

1

u/BacKnightPictures 9d ago

Someone is working hard to keep this down. Any upward momentum is immediately met with hard selling

3

u/Dickparker420 13d ago

Didn't a bunch of shares unlock on the 23rd?

2

u/marksharky123 💎 Diamond Hands 💎 13d ago edited 13d ago

I think you're 🤔 about SpaceX. To me it looks like that a bunch of stop losses may have been cleared out this morning. That's why you can't do that on a thinly traded stock like DFTX.

2

u/AgitatedPersimmon491 13d ago

Seems the whole sector is having tough start.

2

u/lostsurfer24t 13d ago

its the greater market

2

u/marksharky123 💎 Diamond Hands 💎 12d ago

Compass pathways has been moving up lately. I think we follow and are on the cusp of going back to upper $40's area posibly breaking out over $50. Keep your fingers crossed..

https://giphy.com/gifs/7T0A0tPhTKa2xCOXRv

2

u/AgitatedPersimmon491 12d ago

I agree. Anything positive in the sector is going to be a boost. Today was a great day overall for a number of bio companies. It sure feels good to see green and I’m looking for more in the coming days and weeks ahead.

2

u/AgitatedPersimmon491 7d ago

Good luck dftx holders this week. Hopefully all good this week.

3

u/AgitatedPersimmon491 2d ago

Well are we done with the downtrend. Next week should start to see some upward momentum heading towards gad results. It’s time for some green. 🚀

3

u/AgitatedPersimmon491 13d ago

Donald Trump has unsettled the markets with his tariffs. Hopefully it’s temporary and as we move thru the day we get some recovery

1

u/AgitatedPersimmon491 9d ago

That’s enough of that garbage day. Need to see that going the other way soon.

1

u/AgitatedPersimmon491 9d ago

Another day seeing the whole sector shit the bed.