Today, The Bowser Report issued a
daily mover alert on Infosonics (IFON) and OurPet’s Company (OPCO), both of
which were up more than 10% for the day.
With such light volume, it’s
unlikely that IFON’s pre-market press release generated a buying buzz. Instead
it appears a few investors were taking advantage of the company’s low trading
price.
Since IFON reported its latest
earnings, which were good, the stock has demonstrated a downtrend. As the price
goes down, IFON becomes more attractive with its Bowser Rating of 10.
However, keep in mind that IFON
reacts to earnings announcements big time. If good, the company’s tendency is
to soar. If bad, it’s tendency is to plummet. Check out its 2 year chart! Most
of the steep jumps and drops on the chart are a result of earnings.
OPCO rose on just 300 shares
today, bouncing back nicely from its low after recommendation. However, on just
300 shares, this move might not be sustainable.
OPCO is a recent recommendation
and is highly-rated (Bowser Rating of 10). However, the company lacks
visibility despite its consistent growth. As a result, the stock has had
trouble making substantial moves recently and in the past.
With that said, as a current
recommendation, we think OPCO is a great growth opportunity, but its a
long-term option as recognition takes continual success and time.
To learn more about The Bowser
Report, visit https://thebowserreport.com
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