The phenomenal interest in Comparator Systems "IDID" stock on Friday has made me realize that perhaps a reasonable presentation of a company which is ALREADY established in Biometric identification products may be justified.
The company is The National Registry Inc. They have a website at:
nrid.com
This company is very conservatively run, they do not "hype" their contracts or products AT ALL. I have their investor package and it mostly contains the same info that is available on the website.
It's worth noting that the hysteria created over IDID's new "broker position" as reported in the Bloomberg story is certainly not that big a deal. NRI has instituional holders also, a very favorable letter of recommendation by one "Cohig & Associates Investments" rating NRI as
a "gatekeeper" to patented emerging low cost secured systems, they further state "the company has a number of major financial backers, including a 20% stake held by The Home Shopping Network"(NYSE:HSN)
I am not recommending that anyone buy or sell this stock based on anything that I say. I have probably made as many mistakes as the next person (maybe more) and doubtless will have discrediting statements here because my views do not always run in line with "the herd".
I know what *I* am going to do on Monday AM....I am going to give this one another chance. At the moment it's selling for $2 a share, I have seen it go up 30 to 40 cents a share on very low volumes. On major news this one is capable of very fast increases in share price, and my feeling is that news could come at any time because they are aggressively seeking expanded situations for their software/hardware.
Just one person's opinion...you decide if it has merit. |
