Top 5 Life Sciences Stocks For 2015: Document Security Systems Inc (DSS)
Document Security Systems, Inc. (DSS), incorporated on May 30, 1984, develops, markets, secure technologies. The Company specializes in fraud and counterfeit protection for all forms of printed documents and digital information. The Company holds numerous patents for optical deterrent technologies that provide protection of printed information from unauthorized scanning and copying. The Company operates three production facilities, a security and commercial printing facility, a packaging facility and a plastic cards facility, where the Company produces secure and non-secure documents for its customers. The Company licenses its anti-counterfeiting technologies to printers and brand-owners. In addition, the Company has a digital division which provides cloud computing services for its customers, including disaster recovery, back-up and data security services. The Company operates in four segments: DSS Printing Group, DSS Plastics Group, DSS Packaging Group and DSS Digital Gr oup. In June 2013, Document Security Systems Inc announced the closing of its previously announced merger with Lexington Technology Group, Inc. In October 2013, the Company announced that it has acquired two portfolios that will enable DSS to develop protected hardware and peripherals that incorporate core DSS security technologies.
The Company provides document security technology to security printers, corporations, consumer product companies and governments worldwide and for currency, identifications, certifications, travel documents, prescription and medical forms, consumer product and pharmaceutical packaging, and school transcripts. Its products are delivered on paper, plastic, or digitally via its AuthentiGuard DX product suite.
DSS Printing Group
The DSS Printing Group provides secure and commercial printing services for end-user customers along with technical support for the Companys technology licensee! s. The division produc es a wide array of printed materials such as security paper,! vital records, prescription paper, birth certificates, receipts, manuals, identification materials, entertainment tickets, secure coupons, parts tracking forms, brochures, direct mailing pieces, catalogs, business cards, etc. The division also provides the basis of research and development for its security printing technologies.
DSS Plastics Group
The DSS Plastics Group manufactures laminated and surface printed cards which can include magnetic stripes, bar codes, holograms, signature panels, invisible ink, micro fine printing, guilloche patterns, biometric, radio frequency identification (RFID) and watermarks for printed plastic documents such as identity cards, event badges, and drivers licenses.
DSS Packaging Group
The DSS Packaging Group produces custom paperboard packaging serving clients in the pharmaceutical, beverage, photo packaging, toy, specialty foods and direct marketing industries, among others. The divisi on incorporates the Company's security technologies into printed packaging to help companies prevent or deter brand and product counterfeiting.
DSS Digital Group
The DSS Digital Group provides data center centric solutions to businesses and governments delivered via the cloud. This division is also develops digital data security technologies based on the Companys optical deterrent technologies.
The Company competes with Standard Register Company, De La Rue Plc, Sharp, Xerox Canon, Ricoh, Hewlett Packard, Eastman Kodak, NoCopi Technologies, Graphic Security Systems Corporation, RR Donnelley, Canadian printer Quebecor World, Bristol ID, AbNote, LaserCard Corporation and L-1 Identity Solutions, Rock-Tenn Company, Caraustar Industries, Inc., Graphic Packaging Holding Company and Mead Westvaco.
Advisors' Opinion:- [By Roberto Pedone]
Document Security Systems (DSS) is engaged in fraud a! nd counte! rfeit protection for all forms of printed documents and digital information. This stock closed up 8.7% to $1.68 in Tuesday's trading session.
Tuesday's Range: $1.48-$1.68
52-Week Range: $1.37-$4.60
Tuesday's Volume: 755,000
Three-Month Average Volume: 472,073From a technical perspective, DSS ripped higher here right above some near-term support at $1.45 with above-average volume. This stock has been downtrending badly for the last three months, with shares dropping from its high of $3.64 to its recent low of $1.37. During that move, shares of DSS have been making mostly lower highs and lower lows, which is bearish technical price action. That said, shares of DSS have now started to rebound off that $1.37 low and it's now quickly moving within range of triggering a near-term breakout trade. That trade will hit if DSS manages to take out some near-term overhead resistance levels at $1.75 to $1.88 with high volume.
Traders should now look for long-biased trades in DSS as long as it's trending above some near-term support levels at $1.45 to $1.37 and then once it sustains a move or close above those breakout levels with volume that hits near or above 472,073 shares. If that breakout triggers soon, then DSS will set up to re-test or possibly take out its 50-day moving average at $2.05 to its next major resistance area at $2.30. Any high-volume move above those levels will then put its 200-day at $2.39 or $3 into range for shares of DSS.
- [By Susan Decker]
Document Security Systems Inc. (DSS), based in Rochester, New York, is suing Facebook Inc. and LinkedIn Corp. for infringing technology covering online collaboration. The patents were acquired in a reverse merger with Lexington Technology Group Inc., an intellectual property company. The shares have fallen 33 percent since the deal closed on July 1.
- [By James E. Brumley]
In a perfect world stocks would move in predictable, manageable ways. We don't live - no! r do we t! rade in - a perfect world. In the real world we have to adapt to and deal with the curve balls the market throws us, and there are no two stocks that illustrate that point better than Document Security Systems, Inc. (NYSEMKT:DSS) and Nortech Systems Incorporated (NASDAQ:NSYS) to today. While both NSYS and DSS are up today, one's overbought and ripe for a pullback, while the other is likely at the beginning of a trade-worthy rally.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-life-sciences-stocks-for-2015-3.html
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