InvestorsHub Logo
Followers 0
Posts 51350
Boards Moderated 6
Alias Born 03/20/2012

Re: None

Friday, 04/24/2015 10:58:26 AM

Friday, April 24, 2015 10:58:26 AM

Post# of 10655
$PSID is a quickly advancing creator of biological detection and diagnostics solutions. The biosensor industry, to which they are arguably leading, reached a staggering $12.46B in 2013. With a 14.19% compounded annual growth rate (CAGR) the industry stands to be worth $24.19B by 2018. It’s easy to see that the potential growth for a company like PositiveID is astonishing. Bioterrorism, virus outbreaks, and the development of chemical/biological weaponry in unstable countries has largely contributed to these impressive growth rates. This being said, PSID recently released a shareholder update on their website breaking down their expected progress and also their current operations. The company has positioned their M-BAND and Firefly Dx product lines very effectively in the high growth biosensor sector.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.