Lakeland (LAKE) – 3,000 U.S. Troops to Battle Ebola
Reuters article. President Obama will be sending 3,000 troops to tackle Ebola outbreak. We believe this news may add to the momentum we mentioned in our call to action yesterday.
Yesterday, we stated:
In addition to investor enthusiasm over companies that produce body-worn cameras, another hot topic has been the potential drugs that may cure and protective suits that protect against the Ebola virus. This has come to light due to the disease’s outbreaks in parts of Africa. Investors may assume that LAKE will benefit on the protective gear front as the U.S state department alone has put out bid for 160,000 protective suits. Lake has stated the company has increased manufacturing for protective apparel for use in handling the Ebola virus., potentially leading investors to assume LAKE is seeing an uptick in Ebola related protective clothing. GeoTeam took a small speculative position.