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March 3, 2004

SpeculatingStocks.com Stock Pick: Digital Angel Corporation (DOC)

Stock Price: $4.90


DOC hit $9.85 in December of last year for a gain of 248%. DOC is once again attractive as it begins to trend higher after touching its second bottom in a month's time.

Digital Angel Corporation develops and deploys sensor and communications technologies that enable accurate identification, location tracking, and condition monitoring of assets. Assets able to be tracked include pets, fish and livestock as well as vehicles and aircraft.

DOC is the stock that always runs up when there are mad cow scares. We believe this company is one of the major leaders in tagging technology especially for the livestock taggin market which is estimated to be $500 million.

Applied Digital Solutions (ADSX) recently purchased over 644,000 shares of DOC worth close to $3.5 million. ADSX owns a majority-interest in DOC. Don't forget that ADSX and DOC usually trend similar paths.

There are currently only 9.1 million shares in the float and 13% being shorted. We believe the shorts will once again be forced to cover when more good news comes out.

 
     
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