Digital Ally, Inc. DGLY
DGLY came off of yesterday’s extended watchlist to perform admirably. The stock has been trading quite actively after some recent news that the company had been receiving inquiries from law enforcement agencies about its FirstVU HD Officer-Worn Video System, following recent events in Ferguson, Missouri. DGLY’s system seems like it would be a great way to achieve maximum accountability for street-level police officers.
We saw DGLY trading at 5.75 yesterday morning, and it would go on to hit 8.00 on more than 7x its monthly average volume, so cheers to anyone who was able to take advantage of that 39% intraday move.
China Finance Online Companies, Inc. JRJC
JRJC was another play off of yesterday’s extended watchlist to have a pretty good session. The stock came out of the gate trading at a low of 9.26 and gradually pushed its way up to a high of 11.88 over the course of the morning and into the early afternoon. That was good for possible gains of up to 28% on over 10x its 1-month average volume.
Gogo, Inc. GOGO
GOGO is a stock we were mentioning back in the spring, which made a small move, but then went into a months-long consolidation that culminated in recent lows in the $14-range.
After posting higher highs and higher lows over the past six sessions, GOGO cracked its 50DMA yesterday, so we thought it’d be good to watch this stock more intently as it trends off of its bottom.
While there’s nothing certain about it, we’ve heard some buyout rumors floating around about GOGO, which adds an extra element of interest to this play.
Extended Watchlist:
DRNE, DRL, TOPS, PSMI, MSN