The Federal Highway Administration announcement of contract winners should be forthcoming shortly. Announcements need to happen before work begins in spring. Look for a stock pop and new 52 week highs for some time after the announcement.
jhs,A bit of news out on the in play site this morn.I've never posted before but this board seem's pretty sharp. iti will be a real goodie to those who stick it out. I also own alot of acet and akrx check em out..good investing to you..mr hank
Mr. Hank, While today's 2.5 million dollar contract is good, what I'm looking forward to is the awarding of the Federal Dept of Transportation contracts out of the Federal Highway Bill of last year. These contracts could be in the tens of millions of dollars and make a substantial difference to Iteris's revenues and earnings. The stock price could literally double over night.I feel this may happen shortly as I'm seeing a definite spike up in 20K share trades and volume, along with the institutions buying.