here’s a potential sympathy play.
looking to buy lower, worst case stop near 15.45
10 million shares added short since December 14th (blue arrow) VWAP from Dec 14 to March 18 = 14.99
Discover Financial Services (DFS) is a credit card issuer and electronic payment services company. The Company is also engaged in payments processing. The Company’s business segments include U.S. Card, Third-Party Payments and International Card. The U.S. Card segment includes Discover Card-branded credit cards issued over Discover’s card network (the Discover Network), and other consumer lending and deposit products offered through the Company’s Discover Bank subsidiary. The Third-Party Payments segment includes PULSE EFT Association (the PULSE Network), an automated teller machine (ATM), debit and electronic funds transfer network, and the Company’s third-party payments business. The International Card segment includes credit cards, and consumer lending products and services in the United Kingdom through the Company’s Goldfish Bank subsidiary. During the year ended December 31, 2007, the Company processed 3.8 billion transactions through the Discover Network and the PULSE Network.