Today, The Bowser Report issued a daily mover alert on Direct Insite (DIRI), which gained more than 10% for the day.
DIRI is a Daily Mover Alert frequent flyer. The stock, at these low prices and volume, has been especially subject to volatile moves. Today’s trading range, for example, was $0.55 to $0.6499, a $0.10 spread or 17% of yesterday’s close.
With a current Bowser Rating of 8, DIRI is one to consider. However, as we have said multiple times in the past, be wary of its volatility and inconsistent financials. Another thing to consider is that the company’s low volume makes it hard to fill buy/sell orders. Avoid buying the stock when its price is driven up.
For those with holdings, follow the Game Plan and watch for that 50% drop.
To learn more about The Bowser Report, visit https://thebowserreport.com