- Company is strategically positioned as a play on radiation detection in the wake of the Japan earthquake. - Recent patent for advanced radiation detection. - Production increases already in the works. - Shorts will spike this even higher when more buyers come in. The stock has been mercilessly shorted and walked down from $6.
This easily goes to $5 or more short-term. Long term, we'll have to wait to find out what the balance sheet looks like moving forward.
This stock is too random. Up 70% one day, down 70% the next week, all on no relevant news at all. Now it goes up 13% in one day. Why would anyone buy more here when there has been no news and seeing what happened last time? I don't see anything bad on the horizon, but there are just too many good companies out there which don't trade so wacky. I'm out.