GmmaTech

Ability (ABIL): the next moonshot project or a complete scam?

NASDAQ:ABIL   ABILITY INC
Ability Inc . ( ABIL ) shares are trading at 4.65, ahead of earnings next week. The ABIL stock price skyrocketed on August 8, when the shares price more than doubled. Previously, the stock popped on June 26 and gained more than 5x in value. What's ABIL stock price forecast?

First, some background on the company. Ability Inc . provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications. Ability Inc . was founded in 1994 and is headquartered in Tel Aviv, Israel.

This is a micro-cap company, with a market cap of less than $15 million. The wild swings in the ABIL stock price are caused by the speculations about its technology named ULIN, which stands for Unlimited Interception System. ULIN allows silent and remote snooping on mobile phone calls, texts and location via a huge vulnerability in a core part of global telecoms infrastructure, the Signalling System No. 7 (SS7). All that’s needed for ULIN to work is a target’s phone number.

https://www.finstead.com/bite/Ability-AB...
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