The following data were from third quarter ending September 30, 2006
GRRF
Mkt Cap: 482.25M
Price: 19.29
Shares outstanding: 25M
Revenue: $23.8 million
Net income: $3.9 million
Earnings/Share: $0.155
P/E (3Q)= 124
TSTC
Mkt Cap: 54.86M
Price: 6.14
Shares outstanding: 8.2M
Revenues: $5.2 million
Net income: $739K
Earning/Share: $0.09
P/E (3Q)= 68
Compared to GRRF, TSTC price should be double
TSTC breakout
TSTC breakout
TSTC makes wireless gear in China. It trades at $8.90 today.
It is on IBD's stocks under $10 list. Even though it has doubled in 3 months, it still trades at the discount compared to GRRF, which is in the same space as TSTC. TSTC should have a quick run to $12 in a few days. If not, a sound holding anyway. It also fits the T3ML (stilling learning this one, only see the good examples, want to see the failed examples).
"TSTC" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;)
All history on a stock pick in 1 thread is awesome. ;)
Just trying to get threads together,so we don't have a numerous amount floating around on the same stock.
Thank You....and good luck with all your trades....make some $$$ ;D
Happy New Year ! May it be Prosperous for all @ 3SOF...... ;)
TSTC alerts triggered.
Still paper trading.
In at 10.05 (.15 buffer from current high of 10.20 at 11:23)
initiating stop loss at 9.95
out at 10.14 at 11:56am
In at10.29 (12:17pm)
initiating stop at 10.19
initiating trailing stop at 10.23 ( .25 from high of 10.48)
out at 10.42
TSTC lose momentum
Was quite pleased with the earnings release and forecast, and think the chart looks very bullish with a gap above the 50SMA. I believe all of the concerns which have driven the stock down in the last couple of months have been alleviated.
Earnings release: http://biz.yahoo.com/iw/070321/0229198.html (http://biz.yahoo.com/iw/070321/0229198.html)
(http://img231.imageshack.us/img231/542/tstcgb7.jpg)
TSTC an undervalued China communications stock.
Market cap only 70 million.
No Debt
Profitable with operating margins at 22% (above its competitors)
Undervalued China stock....finally looking to move higher.. ;D
There is no reason TSTC should not be much higher. ::) 15 P.E. in a high growth area. :-\
Technically it is looking much better. Earnings coming up within the next 7-10 days. ;D
updated chart scene...