www.stocktrendnews.com/...symbol=SDSS&&story_id=787938
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Suspect Detection Systems' OPS Ranking of "3" Reiterated by StockDiagnostics.com
09/08/2010
Sarasota, FL, September 8, 2010-StockDiagnostics.com announced that it has reiterated its OPS Ranking of "3" for Suspect Detection Systems, Inc. (OTC:SDSS). Suspect Detection Systems has had an OPS Ranking of "3" for two consecutive quarters.
StockDiagnostics.com's maintaining of the OPS RankingTM is based on Suspect Detection Systems' recently filed Cash Flow Statements for its quarter ended June 30, 2010. The company's computed OPS TM (Operational-cashflow Per Share) for the quarter was $-0.003 per share as compared to $-0.01 per share for the comparable year earlier quarter. OPS for the most recent 12 months ended June 30, 2010 was $0.003 per share as compared to $-0.01 per share for the 12 months ended June 30, 2009. OPS for Suspect Detection Systems' trailing twelve months reached a two year high.
The shares of Suspect Detection Systems were recently trading at $0.05.
“OPS Rankings” originated from the results of an in-depth 1990-2001, research study on Operational Cashflow that was done by StockDiagnostics.com. The study included 3,885 public companies, whose shares traded at a minimum of $6.00 per share in 1999 and also filed their four quarterly reports for fiscal 1999. The findings revealed that each of the company’s “OPS” logically fell into one of eight distinctive risk categories. The categories were the genesis of StockDiagnostics.com’s numerical eight point, 1 through 8, OPS rankings.
The ranking of 3, which the company received means that Suspect Detection Systems based on its OPS over its most recent four quarters and its aggregated OPS over its latest twelve months is in the third lowest risk category. The results from the study indicated that 73.12% of all the companies in this risk category (an OPS Ranking of 3), which had shares that traded at $6.00 or above in 1999 had share prices, which traded at $6.00 or above during 2001.
Statistical research on the other OPS Rankings is available at www.StockDiagnostics.com and is also available at StockTrendNews.com. Additional information on StockDiagnostics, its OPS Rankings and on OPS, including three minute web tutorials, “What is OPS?” and “What are OPS Ratings?”, are available at www.StockDiagnostics.com.
About StockDiagnostics.com -- StockDiagnostics.com covers approximately 10,000 publicly traded companies and 216 industries. It provides current and archived OPS Rankings and its proprietary OPS 4 Quarter, 20 Quarter and 5 Year charts on each company and each industry four times per year. Statistical research on the other OPS Rankings is available at www.StockDiagnostics.com and is also available at StockTrendNews.com. StockDiagnostics.com also provides 20 Quarter and 5 Year extended data table “Free Cash Pro” charts which track EBITDA, Free Cash Flow and Cash Flow From Operations (CFFO). These charts are primarily used by analysts and professional investors.
StockDiagnostics.com has access to a proprietary data refinery that automates the process of collecting, sorting and organizing large amounts of securities pricing and financial data into comparative financial ratios. These ratios are used to identify Financial Statement anomalies and securities pricing variances to monitor changes in the performance of public companies. Go to www.StockDiagnostics.com for a description of StockDiagnostics.com's patent-pending technical applications, such as OPS, OPS Rankings, The EPS Syndrome and more. Three minute videos on OPS and OPS rankings are available at www.StockDiagnostics.com.
Copyright 2010 StockTrendNews.com
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www.stocktrendnews.com/...symbol=SDSS&&story_id=787992
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Twelve Months Free Cash Flow Turns Positive for Suspect Detection Systems
09/08/2010
New York, NY, September 8, 2010-Free-Cash-News reports that Free Cash Flow for Suspect Detection Systems, Inc. (OTC:SDSS) for its twelve months ended June 30, 2010 was a positive $180,365, compared with a negative Free Cash Flow of $(706,824) for the comparable year earlier twelve months. Free Cash Flow for the most recent twelve months also reached a two year high.
For Suspect Detection Systems' quarter ended June 30, 2010 Free Cash Flow was $(245,926), compared with $(342,573), a 28% improvement over the comparable year earlier quarter. According to Free-Cash-News Suspect Detection Systems has generated two consecutive quarters of negative Free Cash Flow.
The shares of Suspect Detection Systems were recently trading at $0.05.
Free-Cash-News utilizes the following definition or calculation for its published Free Cash Flow news and reports:
Free cash flow is defined as cash flow from operations or operating cash flow plus or minus capital expenditures. "Capital Expenditures" is a line item, which can be found in the Cash Flow From Investments section of a company's Cash Flow Statement which is filed quarterly in the 10Q and 10K reports that are required to be filed by publicly traded companies with the U.S. Securities & Exchange Commission.
Free-Cash-News publishes quarterly updates on Free Cash Flow for approximately 8,200 publicly traded U.S. companies. It also monitors and publishes news and special reports on 216 industry groups. More information on Free-Cash-News is available at www.StockTrendNews.com.
Copyright 2010 StockTrendNews.com
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