Attention all risk takers ACTI has a mega beautiful chart it's pulled back on light volume and the stonedinvestor want to take a stab at it. In Oct the co released a press release about a large government contract: ... the announcement of a huge HSPD-12 government contract. Specifically, the company announced a major contract win with the U.S. Department of Defense (DoD), U.S. Army and U.S. Air Force for ACTI's smart card desktop client software to enable their move to next- generation HSPD-12 certified Common Access Cards for 3.5 million military personnel and contractors around the world. Jason Hart, CEO of ActivIdentity, had this say: "The issuance of HSPD-12 enabled smart cards throughout the government is a tremendous first step toward the security and efficiency goals set by the President. We are now working with many agencies to help them begin the process of putting the infrastructure and applications in place to allow the full potential of interoperability and advanced authentication." Interestingly, the Stanford Group Company values the HSPD-12 market at approximately $1.3 billion over five years, with the bulk of the revenue flowing in fiscal years 2007-2009 (Identity Solutions Industry Outlook, July 2006). So clearly, ACTI has a significant business opportunity as HSPD-12 rolls out. If ActivIdentity can continue to execute on its revenue growth and cost-cutting initiatives, the company will, as per managementÂ´s guidance, turn a profit in 2007. Assuming a $60 million revenue run rate in 2007, and $135 million in cash (no debt), that implies a price target for ACTI of between $6.25 and and $7 per share. But whoa folks! CHECK THIS OUT (1) ACTI then takes back the press release!: FREMONT, Calif., Nov 02, 2006 /PRNewswire-FirstCall via COMTEX/ -- ActivIdentity Corp. retracts its press release distributed October 24, 2006, entitled "Department of Homeland Security's Transportation Security Administration Chooses ActivIdentity FIPS-201 Smart Card Solution To Increase Airport Security," as it was published without the prior consent of TSA. The approved Apptis/TSA press release, which includes information on the ActivIdentity products that are part of the Apptis solution, was issued August 29, 2006 can be found at http://www.apptis.com/news.sec/press.sub/apptis_selected_to_redesign.pg . Alright so I have a little work to do today- dig through the approved release from the Gov and then see if the numbers add up. Another weird thing, ACTI has delayed their earnings release once pushing it to tonight-- normally all of this would have me running for the hills but my " instinct-O'-meter'-Meter " is saying BUY. After a workout and a cleaner thought process, I will take another look at this but this could be THE PLAY OF THE DAY! ~ stay tuned.