Welcome to the board... I agree that there is not an overwhelming "wow" factor, but those of us that have followed this company for years, know that this company does not fluff and puff their news releases. They state the facts, and let investors interpret the value of the news.
There was a subtle difference in the way this news was reported by Lifeloc. This time, they released a press release that stated the highlights of their second quarter, which stated they had a quarterly profit, improved margins, validation testing has confirmed Spin Dx performance among human testing at the University of Colorado, they have added tests for cocaine and amphetamine, and have initiated work to detect fentanyl. They expect to begin Beta testing soon, with commercialization expected next year. Their R&D manager chimed in that the project is maintaining good momentum. There was a much different tone in this release. Couple this with recent insider buying... This is all pretty big news.
Is this going to send this stock soaring - probably not, but there is no reason to sell this stock if you are aware of this current news. This is still a great opportunity to accumulate stock in the bottom of it's it's long-term trading range, in my opinion.
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