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!!!