Yesterday, The Bowser Report issued a daily mover alert on Repro Med Systems (REPR), which gained more than 10 percent for the day, as well as Direct Insite Corp. (DIRI), which lost more than 10 percent for the day.
The revenues mentioned in the PR linked above are favorable, which brought in buying volume today. The company also stated that VA hospitals have taken an interest to it’s products, which most likely captured the attention of speculation investors.
REPR has a Bowser Rating of 10 due to the recent earnings growth. The company may come out with impressive fourth quarter results, but it may be priced in if it continues to gain at this rate. The stock has formed a big support level at $0.30 so that is a good level for entry if you wish to invest prior to earnings.
DIRI had a recent run up after it’s earnings due to investors taking new positions after avoiding the earnings volatility. The stock had about 20,000 shares bought towards the end of the day from the last alert and only had 3,900 shares in sell volume today, dragging it down just over 10%. This was likely just profit taking on the recent pop and it is not noteworthy since it was only one trade.
DIRI’s Bowser Rating remains unchanged since the last daily alert this Monday. DIRI’s current Bowser Rating is at 8 and is lagging due to the recent decrease in sales and lack of an impressive long-term earnings trend. You may consider entering a position, but know that this is a speculative stock that is subject to huge swings in share price.
Both of these stocks trade below $1 and have a lot of potential upside from these levels. With DIRI earnings lagging and REPR with earnings around the corner, an investment in either one would just be in anticipation of bullish sentiment. REPR seems to be more appealing at this level in terms of risk and reward with the recent hype surrounding Virginia hospitals.
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