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| Promoter: | PennyStockLocks.com | Paying Party: | Hanover Financial Services |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| PSID | $11500 | 11109 |
| Max Profit: 2.50 % | Gain at close: -1.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
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Members, Monday and Tuesday's alerts were duds...
Previous to this disappointing duo, we brought subscribers 8 winners in a row that produced a combined total of more than +776% in profit.
We plan to return to our winning ways tomorrow with a low-priced, bottom-chart biotechnology company poised for triple-digit percent gains!
Immediately turn your attention to PSID (PositiveID Corp.).
PSID is an emerging growth company that develops biological detection and diagnostic systems for America's homeland defense and the global healthcare industry.
It is focused primarily on its M-BAND airborne bio-threat detector, which was developed under contract with the U.S. Department of Homeland Security ("DHS") Science & Technology directorate, and its Firefly Dx system, which is designed to deliver molecular diagnostic results from a sample in less than 30 minutes at the point-of-need, using a portable, handheld system.
These devices use real-time polymerase chain reaction (PCR) chemistry. PCR amplifies a sample's DNA and copies it billions of times. PCR is used every day to diagnose diseases, identify bacteria and viruses, and for many other applications. With real-time PCR, the amplification of the DNA can be measured as it occurs, thereby speeding up the ability to deliver results. Real-time PCR is one of the most sensitive and specific bio-detection capabilities available today.
PSID's M-BAND detection system continuously and autonomously analyzes air samples for the detection of pathogenic bacteria, viruses, and toxins for up to 30 days. Results from individual M-BAND instruments are reported via a secure wireless network in real time to give an accurate and up-to-date status of field conditions. M-BAND performs high specificity detection for up to six organisms on the Centers for Disease Control's category A and B select agents list.
The goal of PSID's Firefly Dx is provide real-time, accurate diagnostic results in a handheld device, thereby leading to treatment scenarios at the point of need that are not possible with existing systems, which require lab-based equipment and can take hours or even days to provide results. The system has already demonstrated the ability to detect and identify other common pathogens and diseases such as various strains of influenza, E. coli, methicillin-resistant staphylococcus aureus ("MRSA") and human papilloma virus ("HPV").
PSID historically has worked with large government and commercial partners such as the Department of Homeland Security (DHS) to develop and manufacture its products. The company's M-BAND product was developed with $30 million of contract funding under the DHS BAND program.
The company continues to work with DHS and is also currently working the Department of Defense, NASA, U.S. Special Operations Command, and well as several high profile government contractors.
PSID has an exclusive license and a teaming agreement with The Boeing Company, wherein Boeing was granted the exclusive right to distribute M-BAND units in North America, and PositiveID became the exclusive provider of reagents and assays to Boeing.
PSID announced that it has made significant progress in the first quarter of 2015 with its Firefly Dx system last week.
The company's first quarter of 2015 highlights include:
The company reported almost $1 million in revenue for the year ending December 31, 2014.
PSID continues to align itself for success...
William J. Caragol, Chairman and CEO of PSID stated "As we continue to advance the development and testing of Firefly Dx, which is being built to capitalize on a multi-billion dollar market opportunity and unmet requirement for point-of-need, real-time PCR testing, we are excited with our progress to date and the opportunity to deliver a system that could revolutionize the way biological samples are tested, while delivering significant value to our stockholders."
The global PCR industry is projected to reach $27.4 billion in 2015 on positive growth prospects of PCR equipments and reagents segment.
With PSID's M-BAND detection system currently being deployed to customers and its revolutionary new Firefly Dx product expected to hit the market sometime in 2015, it would be foolish to not expect the company to have its best year yet.
PSID is currently trading at the low end of its 52-week price channel at just $0.0181 per share. PSID has recently established a double bottom support level coupled with large volume spikes. Why is this so important? The increased volume confirms the support level is strong and hints towards a possible reversal hence leading to a breakout. You can also see a very clear and concise downtrend resistance line in place. As that downtrend line approaches the support level, an inflection point is created. One of those lines have to give. Either support wins or resistance wins. And in this case, the increased volume on the creation of a double bottom support hints towards a complete reversal and momentum building breakout.
Just a few months ago, PSID erupted for a strong multi-day gain of +143.33%...
We believe that PSID is set to makes its next move higher, and it could be by far the biggest move in the history of this exciting biological detection and diagnostic system company. We are urging all of our members to continue their research on PSID tonight, and be ready for an exciting and potentially profitable trading day that kicks off tomorrow at 9:30am EST!
For more information on PSID, please visit their website: www.PSIDCorp.com
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Best Regards, |
The PennyStockLocks Team
P.S.
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