Penny Stock Pick - ISON

The penny stock on the spotlight today is Isonics Corp. (ISON), the Golden, Colorado based chemicals maker for devices used in explosives detection. Ealier this month the stock began to attract more investors on possible bomb attack on Britan to US bound airplanes. In addition looking at the company in more detail you should see that the penny stock is a can't miss in the portfolio.

Technical
The technical chart shows the stock is back to bull market as MACD is back above 0. KD is slightly weak as K line is back below D line. But there's a possibility that K line may back above D line again indicating buy signal. Although the stock is still below 200 day moving average, the stock since late July has been on a uptrend and may be back to 200 day moving average.

Insider
There is only one transaction from the magement and it is from the director with purchase of 1,141 shares. The institutions have been really bullish and added 14% or 644,021 shares in the latest quarter.

Financial
The financial show bullish sign as the company is expected to report 260% increase in revenue for its semiconductor products and services segment for the quarter ended July 31, 2006. In addition the company is expected to report a huge reduction in net loss of $200,000 for the same quarter compared to net loss of $2 million in the quarter of previous year. With the demand rising on more security concerns we should see more positive financial statement from the company in the future.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(security): 5
2. Technical: 3.5
3. News: 5
4. Insider: 4
5. Financial: 4.5
Recommendation: Buy