Tuesday, December 15, 2015

The Bowser Report – Daily Mover Alert December 14, 2015

Today, The Bowser Report issued a daily mover alert on Noble Roman’s (NROM) and International Baler (IBAL), both of which fell more than 10% today.

Despite a good announcement that NROM opened its first “newly redesigned pizza kiosk” after the market closed, NROM fell considerably while the market was open.

At this point, we do not know why NROM dropped considerably today other than a high amount of volatility related to an end-of-day sell off. Currently, NROM is in Category 3 with a Bowser Rating of 7. Both sales and earnings were down for the most recent quarter.

At this point, don’t purchase NROM if you don’t already own it. If you do, make sure to follow the Game Plan.

Like NROM, IBAL fell considerably on above average volume. IBAL appears to have only made one trade today, but that one trade was almost three times the company’s average three month volume.

Currently, IBAL is in Category 3, with a Bowser Rating of 7. As with NROM, do not open any new positions. If you currently own shares, make sure to follow the Game Plan.

To learn more about The Bowser Report, visit https://thebowserreport.com

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