Pennies on Fire

I have to get back to TYRIA.OB

By David Randolph · September 13, 2005 · 1 min read · 340 views

I've been holding TYRIA.OB for some time on the 3 Stocks on Fire Portfolio because fundamentals of the company were just great. But in the end I had to sell the stock at a loss because a strong resistance level didn't let the stock advance, despite improving fundamentals.

More than a month has passed now (you can see the thread on TYRIA.OB here), and fundamentals have kept on improving and the technical picture is different now.

The stock made an accumulation base and seems to be breaking out now. Yesterday the company announced another acquisition on the software space:

Trey Resources Signs Letter of Intent To Acquire Wolen Katz Associates

I know $2M market cap is just too low for the revenues this company is generating and the expansion it's enjoying. I don't have time now to say more about TYRIA.OB, but I'm buying $1,000 of it for the 3 Pennies on Fire today.

David Randolph
www.3stocksonfire.org

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(This recommendation was made by David Randolph from 3 Stocks on Fire, and he will update this analysis everyday after the close until he sells the stock. 3 Stocks on Fire is a Community of stock traders and investors. Our 3494 members exchange trading ideas and strategies on our message boards everyday. We welcome you as a new member of the 3 Stocks on Fire Community, please take 10 seconds to register and receive our free newsletter)

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I have to get back to TYRIA.OB

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