Act fast, and start your research on our latest trade idea DSS (Document Security Systems Inc.).
We've be scanning the market for the next big bullish breakout opportunity, and DSS really grabbed our attention today.
Based on our research, the chart on DSS is showing us a potential upside of nearly +80%.
This leader in anti-counterfeit, authentication, and diversion protection technologies, is due to get plenty attention from the Street tomorrow.
Here's why....
The Company's packaging and brand protection executives will be presenting the DSS platform of anti-counterfeiting technologies and packaging design to members of the global cannabis industry at MJBizCon being held at the Convention Center in Las Vegas, Nevada November 14-16. “Cannabis products are quickly going mainstream which means they are fighting the same threats from fraud as other products. But with less mature supply chains and limited controls to protect against counterfeiting the threat is even greater for cannabis providers. DSS can assist these companies with supply chain security, anti-counterfeiting tools, and even printing and packaging solutions,” stated Mike Tobin, DSS VP Sales & Marketing.
The Company’s printing and packaging division, Premier Packaging, offers custom structural designs for folding cartons that are tailored for the cannabis market and their product offerings. Additional competencies include materials management, logistics, converting and inventory management programs; and when coupled with its product authentication technologies, gives DSS a strong value proposition to vertically integrated cannabis brands.
“The cannabis market is also heavily regulated with many states requiring tracking from seed to finished product along with proof that taxes and duties have been paid,” added Tobin. “We can provide companies with a comprehensive, very secure solution starting with a digital signature on the packaging all the way through to consumer engagement, including a blockchain-based option.”
DSS's customized product authentication solutions are powerful enough to protect against the most sophisticated forms of fraudulent activity, safeguarding brand integrity and value. Based on the Company’s patented AuthentiGuard™ technology, any authorized smart phone enables all supply chain personnel and consumers to easily authenticate products, and with the integrated GPS feature, it also has the ability to report diverted goods.
Additional features of AuthentiGuard™ include:
True 2-factor authentication Secure tie-in to serialization and codes Traceability from seed to finished product Counterfeit resistant, patented technology which is secure against copying, scanning and high-resolution photography Strong data collection capabilities with unified records management on individual plants & products Iimmediate Bullish Catalysts for DSS: The Company's packaging and brand protection executives will be presenting the DSS platform of anti-counterfeiting technologies and packaging design to members of the global cannabis industry at MJBizCon being held at the Convention Center tomorrow Chart is looking extremely bullish at the moment. Float is just 12.61M Zero Insider Selling Within the Past 12-Months On March 19, 2018, DSS announced its partnership with the Hong Kong Logistics and Supply Chain MultiTech R&D Centre (LSCM) to conduct research focused on developing the next generation of DSS’ Brand Protection products utilizing blockchain technology to secure product transactions across multiple channels, including retail and online distribution. About Document Security Systems Inc.
For over 15 years, Document Security Systems, Inc. (“DSS”) has protected corporations, financial institutions, and governments from sophisticated and costly fraud. DSS' innovative anti-counterfeit, authentication, and brand protection solutions are deployed to prevent attacks which threaten products, digital presence, financial instruments, and identification. AuthentiGuard®, the company's flagship product, provides authentication capability through a smartphone application so businesses can empower a wide range of employees, supply chain personnel, and consumers to track their brands and verify authenticity. For more information on DSS, visit dsssecure.com.
Investor Highlights
Focused on high-growth commercialization and high-margin licensing opportunities Valuable near-term growth opportunities with AuthentiGuard™ & other technology products Entrance into Asia Pacific market represents significant opportunities within world’s largest counterfeit packaging market DSS is advancing the Authentication Model from reactive to predictive, involving the use of data to validate product authenticity Mobile authentication tool, allows all parties in the supply chain the ability to authenticate Technology platform fills consumer demand for product authentication capability Adding consumer generates very valuable data that will become cornerstone of businessstrategy and intelligence Integration of data from supply chain will enable product origin and tracking, critical in food,beverage, health and beauty markets Technical Analysis
RSI is Showing Bullish Divergence 15-Day Moving Average breaking above its 50-Day Moving Average, forming a "Golden Cross" (Major Bullish Indicator). We are setting our price target for DSS at $2.15, which is an upside of nearly +80% from our $1.20 alert price. We are feeling confident that DSS is going to go on multi-day bull run.
The chart is looking extremely attractive, and we believe that DSS will hit our target price of $2.15
We are excited to hear what news will come out of the upcoming MJBiz conference.
We could be looking at the NYSE's biggest winner tomorrow!
As such, we are urging all members to act fast, start their research, and make sure to have DSS up on your screen's and ready to trade.
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The PennyStock101 Team
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