Two minutes ago a received an email from Wall Street West.
A STOCK ALERT for ADOT.
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Advanced Optics Electronics (OTC-BB-ADOT-.12)
Here is one for you "die hard" pennystock fanatics. We bought in for a couple of reasons. We see this as a play on a 52-week high and low cycle. The high is .56 and the low is .03. We have been watching this one for days and have noticed that selling appears to be over and accumulation is happening. The nice volume means the float of sellers can be cleaned up relatively quickly. Here is the story:
Advanced Optics Electronics Inc. is a developer of patented electronic display technology, utilizing ADOT's proprietary SLM (Spatial Light Modulator) light valve. This industry-leading technology can be utilized in many diverse fields including the production of ''television quality'' advertising billboards, medical testing equipment, military displays, computer monitors and high definition video transmission.
In addition to the core business of ADOT, the company has identified and placed a strategic and high potential return investment in BioModa Inc. BioModa Inc. is a company that holds patents and patents pending domestically and internationally in the technology for early detection of Lung Cancer.
ADOT currently holds approximately 22.8 percent of BioModa Inc. with an option to increase that position to 26.4 percent. BioModa Inc. intends to do an IPO within the next two years. The ADOT website is not very slick, but is located at adot.org.
As always, we are not advising you what to do, just informing you about what we did. Thank you and have a great day!
Wall Street West
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