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Digital Ally up 20% on record Q4 revenue – time to sell!

Today's Financial News - Posted January 4, 2010

dgly chart

Digital Ally (DGLY) has seen its share price jump 20% on record sales largely stemming from its DVM-750 in-car video system. TFN readers that took our advice last year and bought DGLY should cash in those gains!

by Laura Cadden, TodaysFinancialNews.com

Baltimore (TFN): We first talked about Digital Ally (NASDAQ:DGLY) back in January of 2009. The company was predicting a 50% increase in sales back then. They didn’t quite make that number but this last quarter, they came close…

For 2009, revenues came in at a record $9.2 million. That’s a 37% increase over the $6.2 million in Q4 2008 and 61% over the prior quarter’s $5.7 million.

Some of you have waited a year to see these gains so let’s take ‘em.

I recommend you sell your shares of Digital Ally (NASDAQ:DGLY).


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