Port Security Play

[Bman409]

From today's www.swingtradercentral.com newsletter

American Science and Engineering (NASDAQ:ASEI)

Company Profile:
American Science and Engineering, Inc. engages in the development, manufacture, marketing, and sale of X-ray inspection and other inspection solutions for the homeland security and other defense applications. It offers the CargoSearch family, Z Backscatter Systems, and the ParcelSearch family of X-ray inspection systems. The CargoSearch family of systems includes high-energy and medium-energy nonintrusive inspection and screening devices. These systems are primarily used for the X-ray scanning of trucks, cars, cargo containers, pallets, and air cargo at border crossings, seaports, military bases, railroad centers, airports, and cargo and transportation hubs. The CargoSearch systems are designed to combat trade fraud, drug trafficking, weapons smuggling, and terrorism. Z Backscatter Systems are implemented without the use of boom-mounted receptors, for the screening of containers and vehicles in a various applications. The ParcelSearch systems are designed for the nonintrusive X-ray scanning of parcels, baggage, and mail in government facilities, airports, commercial office buildings, federal facilities, and convention centers. In addition, the company manufactures the BodySearch Personnel Inspection System to screen individuals for weapons, drugs, and illegal contraband concealed under clothing. Further, American Science and Engineering provides maintenance, research, engineering, and training services related to its products. The company sells its products worldwide through direct sales personnel and independent representatives. American Science and Engineering was formed in 1958 and is headquartered in Billerica, Massachusetts.


Why I Like It:
ASEI appears ready to break out a 5 1/2 month long base, and the timing couldn`t be better as the nation`s focus appears to be on Port Security, at least for the time being. The stock was up on double its average volume on Wednesday and we`re expecting a breakout in the near term. A breakout move should carry the stock to $84.00, minimum in the near term.



https://www.swingtradercentral.com/Members/Documents/Graphs/asei.jpg

[Bman409]

this one is building up some momentum.. if it clears $74.00, jump in with both fists

[BigDawg291]

I bought in at 72.58. Keep going up baby!!!

[Bman409]

I bought in at 72.58. Keep going up baby!!!


$74.95 is the all time high.. if that is cleared, it should trigger some "buy the new high" type buying

i have a target at $84.00 on this one

[BigDawg291]

So you think it will be able to reach 84 before selling it?

[Bman409]

So you think it will be able to reach 84 before selling it?


Yes.. that is where I plan to sell

I'll put some trailing stops along the way as well

[BigDawg291]

That is what I was going to do, just in case it really falls one day.

[Bman409]

That is what I was going to do, just in case it really falls one day.


Watch the volume in the final 1/2 hour.. I'm hoping to see some strong buying into the close... maybe take out that $75 all time high

[BigDawg291]

I hope. I am watching the chart.

[Bman409]

ASEI is up 3% today.. New 52 week high!!

Volume is strong.. something could be up here.



http://216.59.147.95/tkchart/eechart.asp?Ticker=NDS_ASEI&mkdb=0&h=760&w=640&ito=vosfakdcrwmpiuthn&px=5&wt=0&ct=1&mv=1&m1=5&mt=1&m2=13&mt2=1&m3=50&mt3=1&vol=1&v1=10&v2=30&kd=1&kp=0&k=9&d1=3&d2=6&dmi=1&dm=14&dx=14&rsi=1&r1=7&r2=14&r3=21&rst=0&mc=1&mr=0&mch=1&mr1=0&s=9&e1=12&e2=26&dmc=0&dmo=0&hh=255&ih=80

[BigDawg291]

Thank goodnes for ASEI. It is the only stock in my portfolio that is up.

[Bman409]

Thank goodnes for ASEI. It is the only stock in my portfolio that is up.


Something is up with this one.. Maybe Cramer will mention it tonight

I don't know..


but I'm seeing some BLOCK TRADES on the long side here

When a player buys 10,000 shares of a $77.00 stock on a big down day in the market

Well.. that's STRENGTH

and something has to be up.

[BigDawg291]

Like what do you mean by that. Good or bad? I like it going up b/c it is helping me, but do you think something crazy is going on and it might drop.

[Bman409]

Like what do you mean by that. Good or bad? I like it going up b/c it is helping me, but do you think something crazy is going on and it might drop.


I mean something is up as in GOOD

Ie, either a news release coming or a mention on Cramer's show.. etc


Someone knows something.

That's why I saw a couple block trades (10,000 shares at once) coming in as buys on this stock

That's 3/4 of a million bucks in one transaction... and there were a couple of those on the long side today

You dont' drop that kind of money into a stock that is up on a down day without KNOWING something

In my humble opinion

Hold tight and add some at the close, if you can

[BigDawg291]

Ok awesome. I am holding tight with what I have. I will try to get some more at the close, but I doubt I will be able to at its price. I did get alot though when it was at 72.58.

[Bman409]

Held up pretty well into the close on a bloody day



I'd love for this thing to get some exposure.. seems like the perfect stock for this port security brouha

[BigDawg291]

I agree.

[Bman409]

Yeah baby!! Look at her flyin' today!!

WOOOHOOO...

http://216.59.147.95/tkchart/eechart.asp?Ticker=NDS_ASEI&mkdb=0&h=680&w=640&ito=bvosfakdcrwmpiuthn&px=2&wt=0&ct=1&mv=1&m1=5&m2=10&m3=20&kd=1&kp=0&k=9&d1=3&d2=6&dmi=1&dm=14&dx=14&rsi=1&r1=7&r2=14&r3=21&rst=0&cci=1&c1=10&c2=10&c3=30&cct=0&mc=1&mr=0&s=9&e1=12&e2=26&dmc=1&dmo=0&hh=255&ih=80

[BigDawg291]

Ssshhh :)

[Bman409]

Holy crow! up nearly 10% now

those block orders certainly were a good sign yesterday!

[BigDawg291]

Cramer just said it will see 100!!! :mrgreen: Hope it does.

[Bman409]

Cramer just said it will see 100!!! :mrgreen: Hope it does.


No kidding? Wow.. I didn't catch his show tonight.

[Bman409]

I mean something is up as in GOOD

Ie, either a news release coming or a mention on Cramer's show.. etc


Someone knows something.

That's why I saw a couple block trades (10,000 shares at once) coming in as buys on this stock

That's 3/4 of a million bucks in one transaction... and there were a couple of those on the long side today

You dont' drop that kind of money into a stock that is up on a down day without KNOWING something

In my humble opinion

Hold tight and add some at the close, if you can


Turns out this is what they probably knew:



(BTW, can you say UAE????)


American Science and Engineering, Inc. Awarded $45 Million Contract from a Middle East Customs Agency to Secure Borders, Seaports, and Airports

Wednesday March 1, 10:01 am ET


BILLERICA, Mass.--(BUSINESS WIRE)--March 1, 2006--American Science and Engineering, Inc. (NASDAQ: ASEI - News; AS&E®), a leader in X-ray detection technology, announced today that it has been awarded a two-phased contract valued at $45 million from a Middle East Customs Agency to use its patented X-ray detection systems to secure strategic borders, seaports, and airports. The first phase of the contract has been funded at $25 million. The contract includes multiple OmniView(TM) Shaped Energy(TM) Gantry Systems and multiple PalletSearch(TM) and ParcelSearch(TM) X-ray Inspection Systems.


"This significant follow-on order solidifies our position in the region and further demonstrates our customer's confidence in AS&E's proprietary technology to secure their seaports, borders, and airports," said Anthony Fabiano, President and CEO. "In our on-going collaboration with this valued client, we have worked closely to provide a full range of product offerings to efficiently inspect parcels and cargo for manifest verification, contraband, and threats. This latest contract award attests to the effectiveness of AS&E systems currently deployed to protect their borders."

The OmniView Shaped Energy Gantry System is the only multi-view relocatable system available today that combines high-energy transmission inspection plus multiple Z® Backscatter(TM) X-ray views. The combination of technologies delivers the most reliable means of detecting contraband and threatening materials, such as weapons and explosives hidden in cargo containers, tankers, and large vehicles. OmniView Shaped Energy Gantry provides high penetration into inspected objects. The System's scanning platform operates by moving on rails past stationary vehicles and cargo. The System is bi-directional allowing for a high throughput of approximately 2 trucks per scan, 24 trucks per hour.

About AS&E®

American Science and Engineering, Inc. (AS&E) is the leading worldwide supplier of innovative X-ray inspection and screening systems. With more than 45 years experience in developing advanced X-ray security systems, the Company's product lines utilize a variety of technologies including patented Z® Backscatter(TM), Shaped Energy(TM) and Radioactive Threat Detection (RTD). These technologies offer superior detection of threats including plastic explosives, plastic weapons, illegal drugs, other contraband, dirty bombs and nuclear devices. AS&E offers a complete range of X-ray inspection products including Z® Backscatter screening systems, CargoSearch (TM), and ParcelSearch(TM) inspection systems, used for critical detection and security applications to combat terrorism, drug and weapon smuggling, trade fraud, and illegal immigration. AS&E customers include leading governmental agencies, border authorities, military bases, airports and corporations worldwide, including the U.S. Department of Homeland Security, U.S. Department of Defense, U.S. Customs and Border Protection, Royal Thai Police, HM Customs & Excise (U.K.) and Hong Kong Customs. For more information on AS&E products and technologies, please visit www.as-e.com.



http://biz.yahoo.com/bw/060301/20060301005605.html?.v=1

[Bman409]

So you think it will be able to reach 84 before selling it?


BTW, if it does hit $84.00 tomorrow, I'll see 1/2

That was my original target and that is what I'm recommending in my newsletter,

www.swingtradercentral.com

Eventually, though (next few months) it will hit $100, however.

[BigDawg291]

So you sold 1/2 @ 84 and keep the rest for l/t when it hopefully hits 100?

[NATHAN LLOYD]

Wouldn't it be awesome to be him? Put some money in a stock, and then say something good about it when someone calls him about it. To know you're going to do this...wow. It's fishy.

[Bman409]

So you sold 1/2 @ 84 and keep the rest for l/t when it hopefully hits 100?


You got it

I'm wishing I hadn't sold 1/2.. but you have to have discipline

I'm putting money back into beaten down energy stocks now

DNE is one that I like down here.. (small cap)

[Bman409]

unstoppable!


up another 3.7% today on good volume

[HDMIsource.com]

OMG! Friend just intro'd me to this site!!! $86 a good buy or too late?

[BigDawg291]

unstoppable!


up another 3.7% today on good volume

This is crazy, but awesome.

[Bman409]

OMG! Friend just intro'd me to this site!!! $86 a good buy or too late?


Too late.

wait for a pullback

Risk/reward is too high here

[Bman409]

ASEI is on the move again today, breaking up out of a pennant pattern... This time it'll run to $100


http://216.59.147.95/tkchart/eechart.asp?Ticker=NDS_ASEI&mkdb=0&h=760&w=640&ito=vosfakdcrwmpiuthn&px=5&wt=0&ct=1&mv=1&m1=5&mt=1&m2=13&mt2=1&m3=50&mt3=1&vol=1&v1=10&v2=30&kd=1&kp=0&k=9&d1=3&d2=6&dmi=1&dm=14&dx=14&rsi=1&r1=7&r2=0&r3=0&rst=0&mc=1&mr=0&mch=1&mr1=0&s=9&e1=12&e2=26&dmc=0&dmo=0&hh=255&ih=80

[Bman409]

Any of you still in this??

I loaded up again today and road it up for a nice gain.. should see $100 on this move.

[BigDawg291]

I got out @ 88.50 back on March 3rd. I wasn't so sure it would keep running. You had said your target was 84 and I was hoggish and didn't sell any. So I put a sell limit at 88.50 and when it got there I sold and took the 22% gain.

[Bman409]

I got out @ 88.50 back on March 3rd. I wasn't so sure it would keep running. You had said your target was 84 and I was hoggish and didn't sell any. So I put a sell limit at 88.50 and when it got there I sold and took the 22% gain.

Yeah, well $84 was my short term target, $100 my longer term.

I got out with 1/2 at $84, but then ended up adding more on the flag breakout a week or two later

Going to $100 on this leg

at $89 this morning and climbing