Putting A Price On Security

It's been a while since I have written.  I had a great Thanksgiving.  Hope you did.  A lot is happening in the market right now.  The Dow is holding above 10,000.  More banks are failing.  Job losses are less than they thought.  Precious metals continue to rise and the dollar remains volatile.

Amidst all the uncertaintly and volatility is why I kind of like the penny stock market.  A rising small company seems to run its own race.  It's rise and fall fluctuates on news and volume.  The Dow could be up and a micro cap stock could be down.  The Dow could be plummeting, yet your company could be climbing to new highs. 

I have highlighted a few companies that I think are on the radar for future growth.  One I have not mentioned is IDO Security.  IDO Security, Inc. engages in the design, development, and marketing of devices for the homeland security and loss prevention markets. Its products are used in security screening procedures to detect ferrous and non-ferrous metallic objects concealed on or in footwear, ankles, and feet through the use of electro-magnetic fields. The company offers MagShoe that responds to the need for conducting a personal screening of the shoes and ankle area, without the need for removing shoes. Its devices are used for the detection of metallic items during security screenings and at security checkpoints in venues, such as airports, prisons, educational institutions/schools, stadiums, commercial aviation and maritime facilities, rail transportation, shopping centers/places of entertainment, business facilities, bus and train stations, border crossings, government institutions/buildings, critical infrastructure, defense facilities, and other public locations requiring individual security screening. The company is based in New York, New York.

The MagShoe is already used in Israel's Ben Gurion International Airport as well as other international airports around the world.  With terrorist activity and federal funding on the rise, look for IDO to make big strides with their MagShoe product.  The stock price (IDOI) was up 13% (.0042) today on a continuing move upward due to an announcement of former Kodak Sales Executive to initiate distributor activity in Latin America, a huge market. 

One day, who knows?  Will the MagShoe be in every government building, airport, and cruise ship in the world?  If IDO has its way, it will happen.