Dig-It Underground, Inc. DIGX
DIGX met our expectations quite nicely yesterday on our first day of coverage. For those of you who may have missed our premarket report *and* the afternoon update we sent out on DIGX, it was a heck of a day. The stock opened at .0048 and ran hard, breaking the key resistance area we pointed out from .008-.0085 and setting a new high into the close of .0091. Volume was also substantial, with DIGX trading well over 7x the one-month average volume.
A chance for up to 90% in gains on our very first day talking about a stock is certainly nothing to sneeze at. As the stock officially entered blue skies toward the end of the session yesterday, we’ll be especially anxious to continue to follow its progress.
We also caught an after-hours PR from DIGX yesterday afternoon:
EULESS, TX–(Marketwired – Sep 2, 2014) – Dig-it Underground, Inc. (PINKSHEETS: DIGX) – Robert Wodarczyk, President of Dig-it Underground, Inc., announced today that the company has signed a Letter of Intent to acquire 100% of the Membership Interests of Cannabeez Media, LLC along with all its assets and proprietary property, including the web site www.cannabisexaminer.com. >>> FULL PR
Digital Ally, Inc. DGLY
DGLY was also included in both of yesterday’s reports, and had a landmark session. Starting out from a low of 22.12, the stock went on a massive run to 33.59 on volume which exceeded the monthly average by more than five times .
That was good for a 52% intraday romp, an incredible feat for a NASDAQ-listed stock in this price range. From the 5.75 low we caught back on August 21st, DGLY has delivered an overall increase of 484% (In just 8 sessions).
LabStyle Innovations Corp. DRIO
DRIO appeared as one of our points of focus in yesterday’s premarket report as well. We were extremely pleased with the way this stock continued to pick up steam throughout the afternoon and had a very strong close, setting new highs toward the end of the session.
Overall we saw an intraday move from .09 to .13, a respectable 44% gain on approximately 10x the average volume.
Following our first alert on DRIO a week ago yesterday, we’ve a seen an overall increase from a low of .065 to yesterdays high which stood at a nice round 100%
Petroleo Brasiliero S.A. (Petrobras) PBR – Options
PBR was among several of the plays we’re tracking to hit new highs again yesterday. Our regulars know that the PBR options chain has been like a wellspring of huge opportunities for us since we first picked up on it this spring. We’ve played it successfully too many times to count now, and the gains just keep on coming.
The main set of contracts we’re following at present have been the January 17th $19 Calls. We first signaled those as a longer-term play back on August 20th after noticing abnormal volume off of our scans, and subsequently witnessed them trading as low as 1.23
With PBR pushing over the $20-mark yesterday as setting a new high of 20.87, we once again had huge activity in those calls with open interest totaling nearly 50k contracts, closing at their highs of 3.25. That pushes our total possible increase since we’ve been tracking these calls to 164%
Image Sensing Systems, Inc. ISNS
We put ISNS on our radars a few sessions back on August 27th. It took a couple of days of bouncing around and trading in a slight channel from roughly the 3.60-4.00 range before the stock came back to find support at 3.53 before, like many of the other plays we’ve talked about this morning, going on a massive rush into the close. The stock hit a high of 6.99, marking an intraday run of 95%
Extended Watchlist:
INFI, VII, MAGS, CBLI, BTH
