Allstocks.com's Bulletin Board: ADSX - Why doesn't it go up?!

This is topic ADSX - Why doesn't it go up?! in forum NASDAQ, AMEX, NYSE Stocks at Allstocks.com's Bulletin Board.

To visit this topic, use this URL:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/7/t/000612.html

Posted by 82-T/A on :

Ok, this is a stock I'm confused about. MSN gives it a 4 (it's rated, believe it or not). It's actually a pretty decent company. ADSX sells implant chips that they put into cattle, and people too if they want them. They can track you across the planet. They own several subsidiaries such as Digital Angel which actually puts these tracking devices in the Interpool agents.

The company is even located about 10-15 minutes from here (the headquarters).

I bought the stock at .38 cents. It's not .43. BUT.. I bought it over a year and a half ago.

IN that time, they've paid off their huge loan to IBM, they've received huge government contracts (like 10-12 of them), they have contracts with governments in India, Mexico, and England.

SO.. WHY has the stock only gone up 5 cents in the past almost 2 years? It doesn't make sense to me...

I realize this is a pretty wild technology (it's a chip the size of a grain of rice they implant into you, new ones will even let you make payments with it.. like those gas station keychains!!). I realize too that this is a technology that is kind of new to our current society, but still, with all these contracts they have, WHY haven't they gone up higher? I don't get it. There's a new news article about them every week.

It's a real stock too, not like FRTE or all those other BS stocks..

just curious. I'm not recommending that anyone buy or sell it, I just want to know if maybe someone can tell me what I'm missing??

Thanks!

------------------
Todd,
1997 Pontiac GrandAm GT
1987 Pontiac Fiero SE / V6
1984 Pontiac Fiero 2m4 SE
1981 Pontiac TransAm WS6
1973 Volkswagen Type-2 Transporter