Co-founded by Ferrari racing champion Roberto Fata, DiMi Telematics International (DIMI) stock has bounced like China’s Dong Dong for the Gold Medal. After dropping from nearly $2, DIMI stock found a home and gained 930% in the process. Considering there has been nothing else to do but scalp while bag holders try to average down, it seems the best place to pull a “Kriss Kross” trade for a Monday session.
Looking for Hot Penny Stocks? Click here and get Alerts on the Best Penny Stocks FREE.
DIMI Stock Chart
Last Trade: 0.134, up 0.0565 (72.90%)
Previous Close: 0.0775
Amazing activity for a Monday considering the 5 Day moving average is 0.0534 and the 5 Day average volume, 7,243,316, has already been passed.
Bottom Line: The penny stock can only bounce so long before the springs break from the 800 pound gorilla.
Here is your opportunity to subscribe to the Most Read Penny Stock Newsletter
If You Can’t Make Money With Us, You Shouldn’t Be Trading Penny Stocks
(We are 100% Anti-Spam and will never rent or sell your information)Share