…Yes, that’s 62% increase, by the way. Went up by $2.11 in just one day. They even went up as high as $6.27/share until it finally settled at $5.48/share when the market closed.
If you go back to the blog that I wrote last Friday, I was predicting that this stock was going to hit $5/share by the end of the year. Well I guess I was wrong…It’s already more than $5/share now. And I think it’s going to keep going up - especially since they’re going to do public demonstration on their product on October 21st. If you want to invest in this company, I’d (again) strongly suggest to invest at this moment - before they’re doing public presentation on their product. Because I have a hunch that the price is going through the roof after the demonstration.
Would you like me refresh your memory again what they’re doing? Here it is:
Isonics Corporation has three business divisions: (1) Isonics Semiconductor, (2) Isonics Life Sciences, and (3) Homeland Security and Defense. Isonics is a world leader in isotopically engineered materials and through its semiconductor division produces isotopically pure silicon-28 chemicals and wafers for the semiconductor industry. Through advances in nanotechnology, the Company is also focused on research and development opportunities for further, value-added product and application development. Isonics’ Life Sciences division markets and sellsstable isotopes for the health care industry such as carbon-13 for diagnostic breath tests and drug design, and radioisotopes and stable isotopes, such as oxygen-18 for positron emission tomography (PET) imaging. (Source Business Wire 2004)
And here’s the product that they’re going to present on October 21st:
The NeutroTest(TM) product is a portable, hand-held device designed to provide first-responders with a powerful tool for quickly and easily evaluating an explosive threat in the form of a suspicious package or purported explosive device. It was designed to be capable of detecting as little as 200 grams of TNT or other explosive material through 5 mm of steel.
This neutron-based technology is distinct from the x-ray scanning systems commonly used in package and suitcase security inspections, and provides unique types of information about the packages or cases being evaluated. X-rays simply detect shapes and density, and provide pictures of the contents of containers. Neutrons have the ability to provide information regarding the nature of the chemical composition while x-rays do not.
Isonics is positioning the NeutroTest(TM) as a moderately-priced, portable product for use by first-responders in bomb squads, airports, police departments, fire departments, customs agencies and security services worldwide. (Source: Business Wire 2004)
Remember! You invest in this company because of the product that they offer. Not because the stock is going up. The product is released at the right time, and yes there is huge market for their product. Think about it…
Quote of the Day:
The dumbest reason in the world to buy a stock is because it’s going up. - Warren Buffett