{"id":2209,"date":"2012-08-21T20:05:40","date_gmt":"2012-08-22T00:05:40","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=2209"},"modified":"2012-08-21T20:05:40","modified_gmt":"2012-08-22T00:05:40","slug":"traders-cover-their-ears-as-they-wait-for-implant-sciences-news-imsc","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/traders-cover-their-ears-as-they-wait-for-implant-sciences-news-imsc-2209","title":{"rendered":"Traders Cover Their Ears as They Wait For Implant Sciences News (IMSC)"},"content":{"rendered":"

The anticipated news<\/a> next week from the Transportation Security Administration (TSA) over the approval or disapproval of technology developed by Implant Sciences Corporation (OTC: IMSC) has traders covering their ears waiting for an explosion one way or another. An affirming nod by the TSA for the company’s Quantum Sniffer would most likely open doors for the product to be used in airports across the nation and in countries like Japan.<\/p>\n

Also relevant to the story is a TSA mandate that goes in effect on December 3, 2012, that requires all cargo on inbound US passenger planes to be screened for explosives (you mean they are not doing this now?). A positive report on the Quantum Sniffer coupled with the December mandate could be a boon for Implant Sciences in acquiring significant government contracts.<\/p>\n

This summer, the company received several overseas contracts from China, Switzerland and the Middle East. Making it onto the TSA approved technologies list would mark Implant Sciences as a true player in the arena of explosives detection.<\/p>\n

Helped by a series of contract announcements in the spring and early summer, shares of Implant Sciences gained over 200% from March through the end of June when it topped out a new annual high of $1.84. The 52-week low occurred almost 10 months ago when the stock sold for $0.32. Over the last seven weeks, buyers have not shown much of an appetite for the stock as share prices declined by 60 cents from the peak in June.<\/p>\n

The action in the stock today looked much like it has during the last month. The stock opened the morning virtually unchanged at $1.29, which also happened to be the high for the day. Shares fell to their low point of the session when they traded for $1.15 within an hour after the opening bell. The heaviest volume on the day occurred right before lunchtime on the east coast, but the stock price showed little reaction. When the trading session ended, the stock settled with a 5% loss at $1.24. The number of shares exchanging hands almost reached 750,000, or three times the average daily volume. As the clock ticks toward August 27, 2012, traders need to decide what side of the fence they want to stand on.<\/p>\n

The most recent stock promotion activity came from Penny Stock Haven ten days ago that noted, “On Thursday, August 9th, Implant Sciences announced the sale of its portable Quantum Sniffer\u2122 QS-H150 into the Middle East for VIP protection.” The promoter did not list receiving any compensation. A total of eight promotions can be viewed on Stockpromotions.com<\/a>. On\u00a0Twitter<\/a>, @OTCStockPicks1<\/a> and @StcokBotWire<\/a> were among many commenting on Implant Sciences today.<\/p>\n

Implant Sciences develops, manufactures and distributes sensors used in explosive trace detection. The company has developed sensor technologies for use in aviation and transportation security, military installations, cargo screening and border patrol. The Wilmington, Massachusetts, company was founded in 1984.<\/p>\n","protected":false},"excerpt":{"rendered":"

The anticipated news next week from the Transportation Security Administration (TSA) over the approval or disapproval of technology developed by Implant Sciences Corporation (OTC: IMSC) […]<\/p>\n","protected":false},"author":10,"featured_media":2212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[261,3],"tags":[96,120],"stock_ticker":[],"class_list":["post-2209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-decliners","category-small-cap-stock-news","tag-imsc","tag-tsa","entry"],"acf":[],"yoast_head":"\nTraders Cover Their Ears as They Wait For Implant Sciences News (IMSC) - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/traders-cover-their-ears-as-they-wait-for-implant-sciences-news-imsc-2209\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders Cover Their Ears as They Wait For Implant Sciences News (IMSC) - 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