Swing Trade Ideas Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Swing Trade Ideas

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mason Barge who started this subject	1/29/2004 10:35:24 AM
From: Mason Barge	Read Replies (1) of 7

HIET HiEnergy Tech. Inc. 1.10 HiEnergy Tech has developed a "stoichometry" system for bomb detection. This involves directing a neutron stream at a target and reading returns. The claim of the company is that the system can detect the chemical composition of the target through 3/4" of steel with almost 100% accuracy. It has had extensive testing with the US Armed Forces for detection of land mines, although no product has been brought to fulfillment. There are two competitive technologies, PELAN and TNA. hienergyinc.com hienergyinc.com On Jan. 22, the company announced its first product, a car bomb detection system that will fit into the back of a van, and can detect the chemical content of a car trunk without opening the trunk. The unit is priced at $99,000 with a $17,000 annual service contract. The stock had a volume surge and ran up from .90 to 1.40. The stock traded above $3 in December 2002. The current chart formation is a consolidation triangle centered on a price of $1.10. I don't have any earnings model on the car bomb unit. This is a massively speculative play with a potential 1000% gain and a high chance of loss. I own 10,000 shares bought for $1.03 on 1/22/03.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next