ImageWare Systems, Inc. (OTCMKTS:IWSY) Holds Up End-week
Just as ImageWare Systems, Inc. (OTCMKTS:IWSY) was making forays into uncharted territory, its fortunes shifted with massive selling on Thursday, and a little bit of recovery on Friday, so the stock stood at $2.41. At the end of the week, the stock was bought up again, with dollar volumes above $1.7 million, adding a bit more than 8% to the price. The slow growth may be attributed to longer-term investors bidding the ticker lower, as IWSY holds much longer-term promise with future biometrics contracts. 
The newest financial report came and went, and with it the enthusiasm around the stock. The results themselves show the company is so far equipped to go on, though burdened by the long development process, with:
- cash: $1 million
- total assets: $6.3 million
- revenues: $1 million
- net loss: $5.6 million
But the news was quickly consumed, and now IWSY may remain with a quieter price, and a less visible trend. However, IWSY seems like a sought-after ticker, and we expect the buying to remain viable for at least a while longer. There is still no visible promotional effort, and press releases have been silent for a while. 
Another promising ticker, Liquidmetal Technologies, Inc. (OTCBB:LQMT), was also supported by the announcement of financial results, only to slump soon afterward. The stock reached a recent peak at 20 cents, but in a week slid back to 13 cents.
It’s a rather similar chart for Sigma Labs, Inc. (OTCMKTS:SGLB), as the stock grew to 13 cents, but soon after went on to slide to 6 cents and stabilize at the lower price. SGLB had some solid promises, but the market quickly consumed the rumors, and the enthusiasm waned.
For IWSY, there are vaguely realistic expectations of vaulting the $3 levels, yet all would depend on how high bidder
s are ready to go to secure the stock. This is uncharted territory for IWSY, a three-year peak. And although the company so far has managed to keep to its gains, the volumes are much higher and allow for faster profit-taking on selling days.
It is best to decide for yourself if IWSY can live up to its longer-term promises, and it is best to stay away if you cannot afford a slide back to lower prices.
