Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Volume for the day is great, I agree with you there. But most of it was first hour. The past two hours volume has certainly dried up.
Volume has dried right up. We'll see what the last hour brings. A rush to get out, or get in?
Been busy following other tickers but DIGP hanging tough here. Just waiting patiently for the 20 day MA to cross over the 200. Next up no too far away after that is the 50 day and it will be time for a little boost!
Bummer RNVA stalled out for now. This morning looked so promising! Hopefully not a "sell the news" type of drop coming. But since I'm not selling any time soon guess it doesn't matter. Just fun following those upward price spikes :)
Fingers crossed for revenue numbers the market likes after close!
Yep, that's why I rushed to buy in. Chart looked sweet for a breakout. Of course reading up on the company was my main reason to get in for a long term hold. Tough to get shares here even at the ask! Was planning to jump in all weekend and of course news screwed up my entry price :)
AH well, at least I got a starter. Ready for more if things cool off a touch in the coming days/weeks. Actually I'll add even if it continues to climb :)
Thanks for all the great DD here! Very promising solid real company, lotto ticket type I love to hold and see if the company can execute. Good luck to those who have been waiting patiently, I will also wait with you now until later this year for promising results.
Trust me, I wish I could time things to jump in and out quickly with huge profits. So far have not mastered that game. I do MUCH better bottom-feeding, averaging in, waiting for the story to unfold and sometimes unearth a GGP type turnaround :)
I bought in last week and added more a couple days back. Had been watching for awhile and of course buying sooner would have been even better. Happy with what I have and now waiting patiently. Might sell 1/3 on the way up between .10-20 If were' so fortunate, but I'm more of a medium/long term hold dude.
Story looks very promising if management can execute, I like the odds for a nice payoff. Have been on this ride before and they can be exhilarating :)
Looks like our fun might be done for the day :(
Hope I'm wrong, my feel for short term price movement is iffy. It's going to be hard to wait until open Tuesday morning! Hopefully crazy volume and upward price pressure. Hopefully we are all pleasantly surprised by revenue numbers released Monday PM.....
Sounds good Ranza! If the price stays in the low .20s or goes even lower (hopefully not) the next couple weeks I'll be adding even more.
Happy 420!
Very dull this week. Chart still looks good. Patiently waiting a breakout and close above .25.
In the meantime have been playing around buying a little RNVA for fun. Hopefully some quick profit there tomorrow or next week and roll more into DIGP and probably more EVIO as well. Do any of you own some of the other mj testing stock EVIO? They announced Canada expansion plans today. I have a slightly smaller EVIO position than DIGP, but like both. I think DIGP has a chance to catch them in market cap one day, but even if DIGP takes second place should still be great returns for both. I like that so far slow DIGP expansion is not adding debt. EVIO more aggressive growth strategy.
Good luck next week my friends, hope we get some news then!
Well shoot, nothing yet. What's the latest it could show up? Further delay notification tomorrow? Maybe filing on the 19th as you mention a holiday?
I don't have anywhere near a leg in, but feels like my foot stepped in dog-doo so far :) I'm here to ride it out and see how this story unfolds but sure wish I had picked some better entry prices. At least I didn't load the boat on this one, although might regret that....
Sorry double post. Go DIGP!
Ha! A tremendous silence the last few hours. Wonder if DIGP will trade one more share today? Bid and ask both well above last trade. Should be ready to run with the slightest bit of positive momentum or news.
Couldn't help myself, had to load more here at .02.
Sorry in advance, sure to plunge further short term now that I added today :)
I usually do ok over weeks/months/years holding so fingers crossed RNVA management can work their way out of this pickle they've gotten themselves into.
Yes, the good news on this day is the possible gap up from yesterday most definitely filled. So no worries about it having to come back down if/when a nice run begins. Chart clear for takeoff!
Now we wait to see if DIGP has been keeping the business humming along. Some earnings, lab openings, new lab partnerships, agreements for data use with foreign drug companies. Let's have some pleasant updates in the coming weeks.
I have the same feeling Ranza! It usually backfires on me in the short term whenever I feel so confident and certain things are going well, the stock goes down. But then I hold longer and it usually moves up over a longer time than hoped for. Just churning shares today, waiting patiently. Plenty of chances for anyone who wants in to get in the last month.....
Volume continues to be very encouraging. Price action not the best so far :)
Let's see if they let DIGP drift back up to .23 by the close. Unchanged would be even better on heavy volume. A sign of accumulation in advance of a run I would think.
I love it. Interest in DIGP is building back up Ranza! 110K just over 30 minutes in to trading.
Good luck markiff, stop by and chat with us once in awhile!
I was away most of the day and couldn't follow but my buy this morning is still profitable :) Looks like DIGP held strong so far even with some big sells through the day. Hope we can close strong maybe 300K volume? Good day if .23 holds with this nice volume! Maybe continues through the week.....
OK I will keep this hush hush :)
Ended up getting more DIGP than I thought I ever would at the lower .20 prices last several weeks. Trying to take advantage of a good opportunity. Hopefully DIGP market cap can catch EVIO sometime. That would put DIGP around .50.
I don't know what's going on with such quiet. The more I look at DIGP the more it seems like a sure win! I had to have missed something, probably management will end up diluting on bad financial terms or something that will come along and bite me in the butt for feeling so confident. Added even more early this morning. Feels like a bargain at these levels.
As long as management stays sane and the revenue keeps rolling in this should be a fantastic ride.
Maybe we can close @ .23 or higher today with volume over 250K, that's what I'm hoping for....
Looking for DIGP to break the 20 day moving average and 200 day MA this week! DIGP has been trading below the 20 day for nearly 2 months, since late February. A close this week at .22 or higher looks like that would crack the 20 day. Actually the 20 day is .213 and we closed .215 but that isn't convincing enough for me.
200 day is currently .225 so if we close .23 or higher that would be another positive step. Final level after that is 50 day at .249 so if we close .25 or higher things will look great on the chart and ready for any positive news to provide an additional boost to fairly good resistance at .30. These low .20's prices might not be around much longer :)
Sounds great RyGuy! I know you've been around here for a few years so watching QUES move into profitability will be well deserved for you and several others :)
Volume before price. This is an excellent sign DIGP is getting ready to POP! Volume needs to continue building even if the price remains somewhat flat. The chart looks beautiful! Not much downside from this price either, maybe 25% risk for 100+% gain short term few months.
You know I like DIGP for a long term hold. I'll hold for years if they are executing and treating shareholders fairly.
Couldn't resist adding a little more today.
Really looking forward to the next couple of months when hopefully the 20 day MA crosses back over the 50 day. Any little good move should get that 20 day curling back up. When it crosses the 50 day we'll all really enjoy those fireworks :)
In the meantime PPO and ADX are pinching, powder keg waiting to explode upward a good 50-100% quickly with some good news and a bit of buying pressure.
Ah, thank you MazerR! That's why I put a "?" in there thankfully as I wasn't sure.
I've was sleeping on my QUES shares the past couple years not paying as close attention. Knew it might take a few years when I bought in, now that things are finally picking up in QUES land attention has been a bit more focused.
I hope your prediction of around the 18th is true. Excited to see exactly what a "significant reduction" in net loss looks like. Maybe the number will change from red to black :)
I think the 10-K released on April 3rd has pushed that back? But it was for good reason!
Been tracking this one for awhile. Love a good distressed turnaround play for medium/long hold. Been burned before, but the good ones have paid off incredibly well and far outweigh the losses.
Jumped in pretty good earlier today, should be an interesting ride :)
Glad I opened my position on the lighter side a couple weeks back in the 1.20s. Went much heavier into DIGP over the last month as they had 1.1M rev last Q at half the market cap of EVIO. If this hits .80s will have to double or triple down :) Wait and see mode for a bit.
Hi Ranza,
I'm not sure of the float. This website shows the float as "not available". 90M shares authorized so I like that quite a bit in penny stock land. Just under 40M outstanding. My favorite number is market cap of 8M. Many, many multiples to be had here if the company can execute and get to be a 100M company. Or 500M! That would be a 60 bagger :)
https://www.otcmarkets.com/stock/DIGP/security
------------------------------
DIGP Security Details
Share Structure
Market Cap
7,853,627
04/09/2018
Authorized Shares
90,000,000
03/16/2018
Outstanding Shares
39,268,133
03/16/2018
Restricted
9,941,811
03/16/2018
Unrestricted
29,326,322
03/16/2018
Held at DTC
27,255,810
03/16/2018
Float
Not Available
Par Value
No Par Value
----------------
Our CEO Joseph Bianco has a proven track record of growth through acquisition. I wonder how far outside of marijuana testing DIGP may or may not grow in the coming years?
He appears to be a risk-taker from the bit of research I can find, as both Alliance and hello network.com ended in bk? Unsure if both were his fault? Alliance stockholders wiped out after the company emerged from bk? Perhaps wisdom acquired will keep DIGP on a steady, sustained, path toward success. One without bankruptcy proceedings :) Regardless of the outcome here, it does sound like Mr. Bianco is a man that likes to get out there and make things happen.
http://www.fundinguniverse.com/company-histories/alliance-entertainment-corp-history/
There are several potential catalysts to propel DIGP skyward from this narrow base:
- Continued high % revenue growth (earnings should be mid-May)
- Announcement of CA testing center opening
- Announcement of other state testing center development/opening
- Announcement of partnership with lab company to open joint testing centers nationwide/worldwide as hinted at in conference call
- Announcement of partnership having nothing to do with testing, but with data DIGP has compiled. Could be toward the end of the year or a couple years away. No timeline given by the company, CEO just said "not today, not tomorrow".
I will wait and add shares along the way seeing if any of the above come to fruition. If not, we will go down and I will have to decide whether to sell for a loss or continue holding. My feeling is the odds are good for several positives. Hopefully DIGP takes a smaller % of revenue from their lab partnerships so the other parties shoulder most of the costs leaving DIGP with little or no debt and no dilution to us.
Unforeseen negatives could pop up (revenue shortfalls?), but with the hiring of Dr. Kimberly Ross as Director of Quality Systems we should hopefully not see any more instances of license suspension.
DIGP keeps testing that .19-.20. Very tight range with no volume. Volume will pick up and I think news will be favorable the next 4-8 weeks. Might be pretty boring until May and earnings. Still love how the chart looks to skyrocket from this base.
Someone was happy to take 35K of those shares. I had another little nibble before that :) Position keeps growing.
Buy when nobody is looking!
I will have to have another look. They are so big I don't know if I can get the same type of % gains I'm looking from from DIGP (along with EVIO and QUES). But never hurts to have a safer stock you think can double. I like 10x, 20x my money or more risks :)
Don't know anything about what is going on with Freddie or Fannie, but made good money trading them in 2008/2009.
I'd say the more shares and options employees have the better. This can help keep them at DIGP instead of leaving for another job. Also if they are paid with more shares and less cash, then their interests are aligned with ours. The more they work to increase share price, the more they and all shareholders benefit.
I'll probably try to transfer more money to add a few more shares early this week. I keep listening to the conference calls and interviews. A great long term plan at DIGP to sell their data.
Oh, also when listening again to one of the calls I heard CEO Bianco give a rough estimate of July for the opening of the joint venture with Don Ashley in Humboldt County.
Bianco also mentioned a possible announcement in the next several weeks (I believe the call was Feb. 14) with a large lab partner with great resources, experience and $$$ that know next to nothing about marijuana. Sounds like a promising partnership opportunity where DIGP expertise can be rolled out quickly in many states with their assistance.
While it would be nice to roll out labs owned 100% by DIGP it will probably work out best to have less financial stress, make some good $$$ and continue to get paid while building the most valuable asset, the database.