ASEI is up today on the "official" announcement of the news we put on the blog LAST week [Jan 9: American Science & Engineering Awarded $67M Contract]- American Science and Engineering, Inc. (AS&E®) (NASDAQ: ASEI - News), a leading worldwide supplier of innovative X-ray detection solutions, announced today the receipt of a $67.1 million order from the U.S. government for a significant quantity of ZBV Military Trailers™ (ZBV Mil Trailer™) — a ruggedized version of the Company’s patented, top-selling Z Backscatter Van™ (ZBV™) cargo and vehicle screening system. The ZBV Mil Trailer will be deployed by the U.S. government for counterterrorism applications in harsh environments.
- The ZBV Mil Trailer is a new AS&E product designed and developed with the support of the U.S. government. Like the conventional ZBV, this system is ideal for screening vehicles for car and truck bombs and is easily relocatable in mission-critical areas.
- “I am very pleased to announce this milestone order from the U.S. government for the ZBV Military Trailer,” said Anthony Fabiano, AS&E President and CEO. “This sizable order reinforces the continued value the U.S. government places on our proprietary Z Backscatter™ technology to secure checkpoints and borders from vehicle-borne explosives and other high-risk contraband. With technology based on the highly successful Z Backscatter Van, the ZBV Mil Trailer is designed to meet the evolving security requirements of the military for both counterterrorism and force protection applications.”
p.s. market has now had that "ugly morning" we talked about yesterday and we're right at S&P 820 support we pointed at. Now it's make or break for bulls... it's been a straight down move here for 8 days... important short term area here.
Long Sequenom, American Science & Engineering in fund; long Sequenom in personal account
3 comments:
there's alot of speculation going into SQNM. it also got a crammer plug a little while ago. i think the risk is skewing to the downside, - pre announcent of their test results. I still want in tho.
I think the test will do well, but since I don't like blind 50/50 outcomes - I will treat it like an earnings report
Meaning I'd like to ride it into the announcement and then cut back right before. If the news is good I'll miss the ensuing pop but so be it. If the news is not as good, then I still get the gain without the risk.
But first I need it to pull back ;)
Cramer recommends 20 things a day... I don't think its moving the stock. His lemmings have attention span of mice.
My thoughts exact on riding it into the report. but I think alot of people are doing the same which is why is been so strong as of late. I have feeling its not going to pull back until right before. At that point, I think I'll just wait for the news.
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