$DouYu(DOYU)$ Based on other b

Based on other big special divs (see LU), this is likely to be flat to down after this short covering, until it goes ex-dividend. And based on personal experience, the ADR bank will take like 20% of the dividend per their agreement with the issuer. It's a ridiculous amount for ADR holders to lose, but it's fairly consistent.

Awesome bump here, but there's little to keep this moving higher now that the shorter covering is happening (1.6 million shares as of mid June). Shorts would have to pay the special dividend, so weaponizing the cash like this was a good move by management.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":323891981434896,"tweetId":"323891981434896","gmtCreate":1720081082027,"gmtModify":1720081087644,"author":{"id":9000000000000640,"idStr":"9000000000000640","authorId":9000000000000640,"authorIdStr":"9000000000000640","name":"DaisyMoore","avatar":"https://static.tigerbbs.com/907cd7c24e0c3693fe01cf437bf1e553","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":46,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/6fc2d8f42156785f9b43e9fb6760c027","width":"683","height":"381"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/6fc2d8f42156785f9b43e9fb6760c027","width":"683","height":"381"}],"html":"<html><head></head><body> <a data-mention-id=\"DOYU\" class=\"teditor-mention\" data-mention-name=\"DouYu\" href=\"https://ttm.financial/S/DOYU\">$DouYu(DOYU)$</a> <v-v data-views=\"1\"></v-v> <img src=\"https://community-static.tradeup.com/news/6fc2d8f42156785f9b43e9fb6760c027\" tg-width=\"683\" tg-height=\"381\">Based on other big special divs (see LU), this is likely to be flat to down after this short covering, until it goes ex-dividend. And based on personal experience, the ADR bank will take like 20% of the dividend per their agreement with the issuer. It's a ridiculous amount for ADR holders to lose, but it's fairly consistent.Awesome bump here, but there's little to keep this moving higher now that the shorter covering is happening (1.6 million shares as of mid June). Shorts would have to pay the special dividend, so weaponizing the cash like this was a good move by management.</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"DOYU\" class=\"teditor-mention\" data-mention-name=\"DouYu\" href=\"https://ttm.financial/S/DOYU\">$DouYu(DOYU)$</a> <v-v data-views=\"1\"></v-v> <img src=\"https://community-static.tradeup.com/news/6fc2d8f42156785f9b43e9fb6760c027\" tg-width=\"683\" tg-height=\"381\">Based on other big special divs (see LU), this is likely to be flat to down after this short covering, until it goes ex-dividend. And based on personal experience, the ADR bank will take like 20% of the dividend per their agreement with the issuer. It's a ridiculous amount for ADR holders to lose, but it's fairly consistent.Awesome bump here, but there's little to keep this moving higher now that the shorter covering is happening (1.6 million shares as of mid June). Shorts would have to pay the special dividend, so weaponizing the cash like this was a good move by management.</body></html>","text":"$DouYu(DOYU)$ Based on other big special divs (see LU), this is likely to be flat to down after this short covering, until it goes ex-dividend. And based on personal experience, the ADR bank will take like 20% of the dividend per their agreement with the issuer. It's a ridiculous amount for ADR holders to lose, but it's fairly consistent. Awesome bump here, but there's little to keep this moving higher now that the shorter covering is happening (1.6 million shares as of mid June). Shorts would have to pay the special dividend, so weaponizing the cash like this was a good move by management.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/323891981434896","repostId":0,"isVote":1,"tweetType":1,"viewCount":484,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["DOYU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":494,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/323891981434896"}