Today, The Bowser Report issued a daily mover alert on
Command Security (MOC), which gained just shy of 19% today.
MOC has now moved a number of times on press releases
concerning a contract with the United States Postal Service. First, the company
announced winning a contract in December 2014, only to have the contract
challenged resulting in a stay of the transition in January 2015. Then, in June
2015, the stay was lifted, followed by the challenging party issuing a protest
just days later. The protest was dismissed in July, and the USPS announced the
reaffirmation of MOC’s contract today.
MOC’s results have been struggling lately, but this contract
will provide approximately $250 million in sales over the next 10 years,
covering two separate contracts. MOC is currently in Category 3 because of its
lack of consistent financial results. However, once the USPS contract’s
projected $25 million/year value becomes accretive to earnings, that should
change.
To learn more about The Bowser Report, visit
https://thebowserreport.com
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