{"id":4263,"date":"2014-04-01T11:12:48","date_gmt":"2014-04-01T11:12:48","guid":{"rendered":"\/?p=4263"},"modified":"2014-04-01T11:15:44","modified_gmt":"2014-04-01T11:15:44","slug":"positive-id-corp-otcmktspsid-jumps-on-announcement-of-government-contract","status":"publish","type":"post","link":"\/articles\/positive-id-corp-otcmktspsid-jumps-on-announcement-of-government-contract\/","title":{"rendered":"Positive ID, Corp. (OTCMKTS:PSID) Jumps on Announcement of Government Contract"},"content":{"rendered":"

Positive ID, Corp. (OTCMKTS:PSID<\/a>) seemingly hit the holy grail of its industry, a government contract for security technologies. The announcement of the news was immediately gainful, and we have to wait and see if the ticker has a potential to gain further in the days ahead, or if the news would be consumed quickly. This Monday, PSID<\/a> grew by more than 26% to $0.0931, as dollar volumes revived to $960,000. \"PSID0104.png\" <\/p>\n

PSID<\/a> climbed since February, though it went through some days of volatility. In the new year, volumes have picked up, although the price gain looks like a very gentle slope in the longer term. The robust buying volumes are an early indicator that PSID<\/a> looks like a bargain, given the company’s participation in a seven-month government contract. The contract is in the area of biological materials detection, but so far we don’t have details on the financial side of that task.\"SGLB0104.png\"<\/p>\n

Unfortunately, PSID<\/a> could not reveal the exact data for its first quarter of the new year, but the late 2013 filing showed:<\/p>\n