Scanning Companies See Stock Rise After Xmas Day Attack

OSI Systems, which owns Rapiscan, which makes the Rapiscan WaveScan 200 I described here, just got a new 10 year contract with Puerto Rico for its cargo imaging system, called the Rapid Eagle. But Puerto Rico says it's not for terrorism, but crime, including tax evasion:

Director of the Puerto Rico Ports Authority, Mr. Alvaro Pilar-Vilagran, stated that "the Puerto Rico Ports Authority is implementing this unprecedented scanning program....The program aims to eliminate the import of drugs, illegal weapons and other contraband into Puerto Rico, while affording the Ports Authority a mechanism to fight tax evasion.

In the last three months, the company's stock has grown 67%, from $17.03 to $29.07. I doubt it's peaked yet. And this is interesting: The company's CEO is Deepak Chopra. According to the company on December 30 (Dow Jones Newswire, subscription, no link): [More...]

The TSA had bought about 150 body-scanning machines from Rapiscan using stimulus funding earlier this year, with deployment originally planned for January. And Kant said Monday he believes more machines will likely be ordered following Friday's failed attack.

The other companies that are seeing a stock surge from scanning equipment: American Science & Engineering Inc (ASEI), ICx Technologies Inc. (ICXT). Also to watch: L-3 Communications Corp. (LLL).

Jim Cramer likes:

FLIR Systems (NASDAQ: FLIR) noted for its night vision technology; Cogent (NASDAQ: COGT) has solid fingerprint recognition technology; and L-1 Identity Systems (NYSE: ID) mentioned for its proprietary technologies.

Update: In case someone reads this who isn't aware that TalkLeft is not a financial site, I should make it clear I know absolutely nothing about the stock market or Jim Cramer. I just thought the dots between the equipment companies and their stock prices possibly worth connecting.

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  • Display: Sort:
    Deepak Chopra? (5.00 / 1) (#2)
    by Zorba on Thu Jan 07, 2010 at 05:12:05 PM EST
    Now that is interesting.  What does a "mind-body medicine" (so-called) guru have to do with imagers?  Rapiscan, BTW, is also the company represented by former Secretary of Homeland Security Michael Chertoff's company.  Link.  Not surprisingly, Chertoff has been publicly flogging the use of such equipment.

    Ol Deepak making a "killing" (none / 0) (#6)
    by SOS on Thu Jan 07, 2010 at 05:26:52 PM EST
    on the MIC boom.

    Must be the New New Age 2.0


    D. Chopra will have to alter his famous slogan (none / 0) (#22)
    by shoephone on Thu Jan 07, 2010 at 11:14:25 PM EST

    "Ageless Body Scan
    Timeless Mind Read"

    What a con man.


    So, can we hope his machines "probe" (none / 0) (#18)
    by Cream City on Thu Jan 07, 2010 at 07:14:23 PM EST
    only the body -- bad enough -- and not the mind. . . .

    Heh (none / 0) (#19)
    by Wile ECoyote on Thu Jan 07, 2010 at 07:24:19 PM EST
    how about the alot of the people flogging climate change making big bucks off green technology?  I expect everyone to be called out.

    Yes... (none / 0) (#20)
    by MileHi Hawkeye on Thu Jan 07, 2010 at 07:37:51 PM EST
    ...we certainly wouldn't want to address our dependence on fossil fuel.  That doesn't play any part what-so-ever in the action of the terrorists--or their funding.

    Missed the point (none / 0) (#24)
    by Wile ECoyote on Fri Jan 08, 2010 at 06:06:36 AM EST
    should the people flogging climate change make millions off of it?

    I've heard him refer to himself... (none / 0) (#21)
    by Dadler on Thu Jan 07, 2010 at 07:51:06 PM EST
    ...in interviews as a profit. as in a play on prophet. quite odd to me. slimy really.

    So this isn't really since Xmas (5.00 / 2) (#7)
    by Cream City on Thu Jan 07, 2010 at 05:31:24 PM EST
    but stock has been rising for months, with sizable orders from the TSA before this incident. . . .

    Hmmmm, says she, from the grassy knoll.

    Someone who "gets" it. Imagine that. (none / 0) (#11)
    by Yes2Truth on Thu Jan 07, 2010 at 06:12:58 PM EST

    It gives me no pleasure that very few people "get" it about false flag intelligence operations mainly because they've been brainwashed into believing that only conspiracy theorists believe that our
    own gov't would concoct such an obvious scheme such as the Christmas Day absurdity.  Or 9/11, or that unpleasantness in Dealey Plaza.

    But YOU, "Cream City" - they won't fool you again, and I bet they haven't in a very long time.


    Are you saying there was a Second D0uchebag? (none / 0) (#12)
    by Ellie on Thu Jan 07, 2010 at 06:14:11 PM EST
    Funny how damn generous All Terra Alla Time has been to the same small group of weasels.

    And not just the corporate scum and the top 5%, but the elected @sses who slavishly do their bidding.


    All I'm saying is . . . (none / 0) (#17)
    by Cream City on Thu Jan 07, 2010 at 07:12:39 PM EST
    I must have been distracted for days now and forgot that, as always, it's about "follow the money." :-)

    The "terrists" have won (5.00 / 1) (#8)
    by Spamlet on Thu Jan 07, 2010 at 05:57:09 PM EST

    Gambling "genius" Cramer... (5.00 / 1) (#9)
    by kdog on Thu Jan 07, 2010 at 06:06:10 PM EST
    is late to this party...tyranny sector stocks have been a very solid buy for 30 years...if only I didn't have this damn conscience I'd be on easy street right now.  

    Same ol same ol (none / 0) (#1)
    by SOS on Thu Jan 07, 2010 at 05:10:44 PM EST
    Not a pretty (none / 0) (#4)
    by SOS on Thu Jan 07, 2010 at 05:16:01 PM EST

    links must be in html format, please (none / 0) (#14)
    by Jeralyn on Thu Jan 07, 2010 at 06:55:24 PM EST
    long ones skew the site.

    Don't take this personally, but when (none / 0) (#3)
    by steviez314 on Thu Jan 07, 2010 at 05:14:40 PM EST
    the "Politics of Crime" blog starts quoting Jim Cramer, that's usually a major sell signal.

    It's like the cover of Newsweek indicator.

    Major sell signal just before some company's (none / 0) (#5)
    by SOS on Thu Jan 07, 2010 at 05:23:43 PM EST
    stock tanks and goes off the Cliff.  Cramer's specialty is hooking suckers during the run up.

    Ha, that's because (none / 0) (#15)
    by Jeralyn on Thu Jan 07, 2010 at 06:57:57 PM EST
    I don't know anything about him -- other than he has some kind of tv show on stocks and people quote him as an expert. I figured everyone knows that TalkLeft, being a crime/politics knows nothing about stocks, but thanks for making that clear!  So I shouldn't quote him again?

    You can decide... (none / 0) (#16)
    by MileHi Hawkeye on Thu Jan 07, 2010 at 07:07:25 PM EST
    ...for yourself here.

    It isn't so much about Cramer, but I've (none / 0) (#23)
    by steviez314 on Fri Jan 08, 2010 at 05:10:42 AM EST
    been a trader for the past 25 years, and one thing I've found is that when an investment idea becomes so mainstreamed that it starts showing up in non-investment places (like Talk Left), it's the end of the run.

    That's how JP Morgan knew the market was going to crash in 1929--he started getting stock tips from his shoeshine boy.


    I am involved in a suit against the PRPA (none / 0) (#10)
    by Big Tent Democrat on Thu Jan 07, 2010 at 06:08:33 PM EST
    Deepak Chopra is not involved.

    Invest in penny stocks, like OSI, (none / 0) (#13)
    by sarcastic unnamed one on Thu Jan 07, 2010 at 06:45:09 PM EST
    at your own peril...

    Site Violator! (none / 0) (#26)
    by Zorba on Mon Oct 24, 2011 at 06:05:57 PM EST