Wonding if it would be sell on the news. So it has risen about $5 since they priced Alibaba. Thoughts ?
I think we may get a couple of upgrades. I've been contemplating on buying this stock yesterday and got busy not going it. Seeing the earnings today make me think that the stock is on its way to recovery. Even though it won't see its 52 week high soon, we should be trading in the upper 40s. Target price may be $55. Company still showing growth online with okay margins. Not a dead cat yet.
The hedge funds may be giving this sector a different look after the riot. With big cap stocks no where to go, these low caps are fun to play. Hedge funds can play both ways.
Think that the float and market cap makes it a better trade than ISNS.
Who knows what will come out ? Funds have no where to park their money as big momentum stocks are getting tired. Just look at NFLX, KORS, TSLA and AAPL. These small caps are fun to trade and quick to profit for hedge funds. The float is small and makes it easy to squeeze shorts.
Thanks for all the wise comments. There is always a 'what if' ? I truly thought that it would pull back a little today and will watch to get back in. The product is good and I think it has potential in the long term given the increasing problems of violence around in the country. More funds from local law enforcement as well as security companies could be potential clients.
Let's see how this wide ride would be. Good luck to all.
Geesh, what a joke. I found a good stock but was too chicken to hold.
In all honesty, this runup is a bit of a pumper. The release today by the company is a bit crazy. Just more people inquiring shouldn't send the stock up 60%.
I was thinking about loading up yesterday at the close but was out to lunch. Expect more news before profit taking. This certainly makes the headlines now for any funds to scout out.
Sentiment: Strong Buy
Prior to July, business has been steady but the St. Louis event sparked more interest for the police force around the county to be more careful with evidence. If they install more cameras, they are less likely to use un-needed force during an arrest. Also more evidence in case they need to go to court.
There may be some profit taking tomorrow and we hit a resistance of $16 but I think the St. Louis event sparked a key interest in local governments to install more cameras for police force.
Good future for DGLY. Expect some upgrades soon.
I bought TWTR in After hours on earnings date at $49.5 and have seen a slow climb. Finally home and if we can break $50, we should be heading back to the $60s or so. Looks like TWTR is not going away and if they change their KPIs successfully and start making a profit, sky is the limit.
If you look at the day chart, there has been high volume around 10:00PST and that is day high. I wonder if something is brewing and funds have decided to take this up to $40.