IDO Security, Inc. | IDOI & Today’s Extended Watchlist

IDO Security, Inc. IDOI

We have seen a bunch of paid newsletters highlighting IDOI over the weekend, a stock that we have been talking about since February 16th.

We mentioned last week that the next key resistance to break was at .50. If, by chance, it doesnt get past that resistance, we would consider it prudent to lock in whatever profits may be on the table at that point.

IDOI is currently receiving a “Strong Buy” Rating at BARCHART.COM

The company also had news out this morning:

NEW YORK, NY, May 14, 2012 (MARKETWIRE via COMTEX) — IDO Security, Inc. (OTCBB: IDOI), developer of the innovative MagShoe(TM) shoe scanning device (SSD), today announced that the Company has completed an order of the MagShoe(TM) 3G, installing multiple units in the Leonardo da Vinci-Fiumicino Airport in Rome, Italy. The tender offer was issued by the Italian Aeroporto di Roma (ADR) through the Company’s local partner, ALCA, to supply and install the MagShoe at the airport’s domestic and international gates.

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