Today, The Bowser Report issued a daily mover alert on
MeetMe (MEET) and Repro-Med Systems (REPR), both of which were up more than 10%
for the day.
MEET recovered nicely today after falling more than 20%
yesterday. As we said in yesterday’s alert, which the Benzinga and Zacks
articles reiterated, MEET’s sell of yesterday was not fundamentally-based.
Therefore, it was “overdone,” to use Benzinga’s term, and today’s movement
verifies that.
With the stock now above $3 again, those following the Game
Plan should not enter new positions. Those who currently have holdings,
continue to stick to the Plan.
MEET has a Bowser Rating of 10.
As we have noted in the past, REPR is subject to volatility.
Today’s move comes on no news and light volume, which indicates volatility.
REPR, with a Bowser Rating of 10, is a stock to consider if
you don’t already have a position. Try to purchase at the lower end of its
volatile moves, and then follow the Game Plan.
Keep in mind that the stock’s 52-week range is $0.56 so
there might be some strong resistance in the near term that will keep you away
from a quick double. However, this is a good long-term growth option with
revenues consistently rising and stable earnings.
To learn more about The Bowser Report, visit https://thebowserreport.com
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