Here we go again, DLGI, Data Logic International is currently bidding 27 cents, asking 28 cents. This is an $11M market cap company that has had a nice run of recent insider buying.
Here's the kicker, from Briefing.com earlier today:
Lojack (LOJN 24.45 +1.12) is catching a bid this morning on a strong earnings report. Ituran (ITRN) is a name we have profiled in the past as a sympathy play (see recent comment). We thought we'd at least bring DataLogic (Bulletin Board: DLGI.OB) to your attetnion. The co is a provider of GPS-based mobile asset tracking and secured mobile communications. The co recently announced that it directed the Tucson police to the exact location of a stolen vehicle equipped with BounceGPS. Co says that unlike radio frequency vehicle locating systems that require special equipment to be installed in police vehicles, BounceGPS uses real-time tracking that provides the precise location of a vehicle at any time, resulting in quicker stolen vehicle recoveries. The co posted a small Q3 profit and sales rose 62% to $4.9 mln... Don't know much about the co and the stock trades at $0.25, but thought we'd mention it.
Story Stock + Insider Buying + Penny Stock = AllAllan Pick