I don't think it's priced in yet, hence the options action at the $38 strike yesterday for July. I do think that it would be a 'Sell on the news' scenario, assuming we get a $5-6 pop in the stock. I've been long since $7.68, so I'm not worried. I do feel the overall market could correct in July though.
I thought about the same thing about seeing the pic of Vievu camera (20% drop if they don't win the contract). Then I thought, can NYPD afford not to go with Taser? They have the all in one solution with the backend, plus they can throw in some taser's in the deal (wink-wink) and of course the top NYPD officials can buy shares and options to benefit. They can't do all that with choosing Vievu. Plus the police are unionized and stick together with decisions. This wouldn't create a big divide in Policing as they are trying to be more unified. I think this is a done deal! Go Taser!!!
Voyce on Today's Show priced at $299 + $9.99 monthly for data tracking and website availability. FB page has videos and 200K likes so far.
If this is the case, then there are less than 1M shares remaining to be bought (unless flipping going on in the $21 range). 76.3% inst owned (key stats from Yahoo finance), 2.3% insider owned, 19.8% short...out of 51.3M, that leaves a little over 800k shares left. Um there's only 1 direction on this stock!!!
Sentiment: Strong Buy
Options expiration. Due to high open interest, I figured the only way this goes up to hit the strike is a big announcement of LAPD. We'll see what happens but I'm not holding my breath.