July 26, 2005
SpeculatingStocks.com Stock Pick: Ionatron, Inc. (IOTN)
Stock Price: $7.25 (short-term strong buy)
Ionatron, Inc. develops and markets Directed Energy Weapon technology products for sale to the U.S. Government. Their LIPC "man-made lightning" has attracted attention and investment from federal government sources.
Ionatron is a defense technology company that has the assets to create something ground-breaking in the future. The company has already created a counter improvised explosive device prototype system which finds, detonates and disables roadside bombs.
IOTN has been trading in the $7.00-$10.00 range since late January. IOTN has eclipsed $9.00 several times this year. We don't believe second quarter earnings will disrupt this pattern.
SpeculatingStocks.com Target Price: We expect IOTN to reach $9.00 within the next four to six weeks.
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