INVE
Note- bought a few thousand shares almost a month ago for my folks IRA and then sold all but 300 due to the quick gains. Took out the original principle and left them the "free" shares, playing it very safe since this is such a small company. Chart looking very good from a reversal watch perspective.....
finviz.com
Yesterday's news
SANTA ANA, Calif. and ISMANING, Germany, Oct. 1, 2012 (GLOBE NEWSWIRE) -- Identive Group, Inc. ( INVE) ( INV.F), a provider of products and services for the identification, security and RFID industries, today announced that it has received new customer orders for more than 20 million radio frequency identification (RFID) transponder products, including over 15 million near field communication (NFC) transponders. The orders represent large contracts with customers in the US, Europe and Asia and are due for delivery over the next six months.
"We are very pleased with the uptick in volume of our transponder orders, which represents a 33% increase over our average quarterly production for 2012 to date. Having these orders already in place for Q4 and Q1 points to a recovery in demand for our transponder products in general and a strong increase in demand for innovative NFC applications," said Dr. Manfred Mueller, executive vice president and COO Identification Products for Identive. Mueller continued, "As previously announced, we are bringing additional production capacity on line in our Singapore plant during Q4, which we expect will accommodate this growing demand." |
