TRUE Lottery Play - 5/21/23 - DLO

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DLO - look, this is super high risk. Like if it works, I make money. If it doesn't, I lose it all. This is a going out to eat trade - risk only what I spend to do that. I bought $100 worth.

Chart

They were accused of fraud by Infobae for effectively money laundering:

Report of Argentina fraud probe sinks shares in dLocal (yahoo.com)

They responded:

dLocal issues response to the press article allegations (yahoo.com)

Two Catalysts and the reason for the gamble:

1. June 6ish: respond to fraud claims <----- this is the date that matters - if its a BS response, then bye bye money.

2. June 8: Investor Day: <------ if this gets cancelled I lose

I am buying the JUNE $20 calls for $.05.

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This is not investment advice. Nothing in this document should be construed as investment advice. The opinions offered are the Author's only. This document is for entertainment purposes only. Always consult with your advisors before investing any money. Readers of this document agree that they will not use this information to make investment decisions.

DO ATTEMPT TO FOLLOW THE AUTHOR'S INVESTMENT, IF ANY. THE AUTHOR MAY OR MAY NOT INVEST IN ANY COMPANIES LISTED IN THIS DOCUMENT. THE AUTHOR IS NOT A REGISTERED INVESTMENT ADVISOR AND DOES NOT HOLD THEMSELVES OUT AS ONE. THE AUTHOR IS NOT A REGISTERED REPRESENTATIVE AND DOES NOT HOLD THEMSELVES OUT AS ONE.

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