I've been buying VSYS heavily. They make electronic door control access and telecommunications systems for the security industry. Here are some reasons why I think VSYS likely will more than double:
1. They made $0.008/share in the most recent quarter and yet only trade at $0.142. That figures out to a PE of under 5 on annualized Q3 numbers.
2. They just announced a $2M order on 10/05/09 which is huge considering that their revenue last quarter was just under $1.5M. They also announced a $450K order on 06/17/09. Furthermore there is a $2M rollout that is discussed in a 5/25/09 PR.
3. They are guiding for a good Q4. They stated: “For the first nine months of 2009 compared to 2008 our bottom line has improved by $326,000. As we enter the end of 2009 we expect these positive results to continue both in terms of revenue and profit.”
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