Today, The Bowser Report issued a daily mover alert on Direct Insite (DIRI) and CPS Technologies (CPSH), both of which gained more than 10% today.
For the third time in as many days, DIRI moved more than 10%. Yesterday and today, the stock posted +20% swings, falling 23.57% yesterday. As we noted in our Dec. 29 alert, volatility is the norm for DIRI.
Rated an 8, this company is one to consider purchasing at the low end of its volatile moves. Do so speculatively, however, as this company has not been a model of consistency in earnings growth, or share price for that matter.
Like DIRI, CPSH is known to be fairly volatile. Over the past month, the stock has been on the rise despite averaging little volume.
Currently rated 7 and in Category 3, CPSH is not a buy right now. The company has not been able to produce consistent results, and its shares have put investors through a roller coaster ride over the past year as a result.
Don’t open any new positions in CPSH. If you currently have a position, follow the Game Plan, but don’t expect this stock to move without consistent earnings growth.
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