Implant Sciences Corporation closed today’s trading at $0.33 a share, up $0.27 a share or 450% for the day. Earlier in the day, the stock vaulted to an intraday high of $0.40 per share. Today’s volume of nearly 2 million shares is well above the average daily volume of about 330,000 shares. Implant Sciences was initially mentioned in the QualityStocks FREE Daily Newsletter back on July 23, 2009 when its stock was trading for only $0.08 a share. Not bad – a return of about 315% in only five months!
Implant Sciences develops, manufactures and sells sophisticated sensors and systems for the homeland security market and related industries, such as defense. The company has developed proprietary technologies used in its commercial portable and bench-top explosive trace detection systems which are being shipped to a growing number of locations around the world. The recent attempted terrorist attack on a flight from Amsterdam to Detroit has no doubt stirred renewed interest in the company.
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