Wednesday Morning Thread

Gator's Chart of the Day: DDMG

DDMG was mentioned Monday (maybe earlier than that) in a beaky drive-by post.  Today it made a new all-time high.  While the chart looks extended there is no resistance.  It just came public in November.  For those familiar with the Fitz IPO strategy here's your huckleberry.  Volume has been increasing so the interest is there.  No options are available so I won't be trading this one.

"Digital Domain Media Group, Inc., a digital production company, engages in the creation of original content animation feature films, and development of computer-generated imagery (CG) for feature films and transmedia advertising primarily in the United States. The company's digital production business provides end-to-end solutions across multiple media platforms spanning various content production processes from idea generation and pre-production to design, directing, live-action production, and post-production. Its digital production business has three digital production business units comprising Digital Domain Productions that provide visual effects (VFX) for feature films and advertising; Mothership, which develops, creates, produces, and implements marketing solutions for brand advertisers and advertising agency clients; and In-Three that engages in the creation and conversion of 2D content into 3D stereo imagery. The company's animation studio business focuses on the development of original full-length, family-oriented CG animated feature films. Its education business operates a post-secondary educational institution to produce workforce-ready graduates possessing traditional motion picture arts, and technical animation and VFX CG skills. The company was formerly known as Wyndcrest DD Florida, Inc. Digital Domain Media Group, Inc. was founded in 1993 and is headquartered in Port St. Lucie, Florida." ... Finviz