3SOF

GIGA will go gaga any day now. Keep an eye on this one

THIS ONE SHOULD GO UP ON MONDAY.....

IT IS FRIDAY EVENING AND CRAMER IS PUMPING THE ENTIRE DEFENSE/SECURITY SECTOR IN HIS MAD MONEY CNBC SHOW THIS EVENING. GIGA IS THE CHEAPEST, MOST UNDERVALUED, AND WITH A TINY 1.8M SHARE FLOAT.

Big buyers are lining up on the bid....looks like this puppy will start moving UP!!!

310 shares have been traded today. Not 310 thousand, just 310 as in three hundred and ten.

Quote from: terabemo on August 21, 2006, 10:02:45 AM
Big buyers are lining up on the bid....looks like this puppy will start moving UP!!!

well , what are they waiting for, a secret handshake?
either , in the 310 shares sold this morning each " big buyer" bought 1 share each, or you are pumping. which is it?
maxi

WELL....GIGA IS GOING GAGA AS WE SPEAK....BREAKOUT!!

NICE MOVE TODAY.....

GIGA WAS ONE OF NASDAQ's LARGEST WINNERS TODAY. CHART LOOKS GOOD.

http://stockcharts.com/gallery/?GIGA

I think this guy loves talking to himself.   

I love myself.......kiss...kiss...kisss.......

LOL

"GIGA" 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 $$$       


Friday's closing chart....... "Happy New Year" !

 

GIGA, with less than 2M share float, could be a big winner after it reports fiscal 3Q 2007 earnings this month.

GIGA will announce its earnings date this week. The pps and volume are starting to go up in anticipation of earnings and the start of the "January effect."

http://stockcharts.com/charts/gallery.html?giga

I expect GIGA to behave like it did in 2005 when it went steadily from about $2 to over $8 (see lower weekly chart above). This is because the fundamentals have improved significantly in recent months since the company was reorganized and realigned (compared to the 2006 performance when the stock underperformed).

Back in October 2006, GIGA gained $1 to $2.6 after it announced its 2Q 2007 earnings results,  even though it posted a loss of over $400K. The loss, however, was significantly lower than the corresponding quarter the year before.

During the 2Q 2007 CC the CEO said that 3Q to be announced this month will be a lot stronger than 2Q and that it expects to break even.  He expects further improvement in Q4 predicting that GIGA will return to profitability.....just like it did in 2005. The 2Q 2007 CC is still available at the company website.

GIGA is currently trading at a P/S of 0.5. Competitors trade at an average 2.0 P/S.  Therefore, GIGA has a lot of room for upward movement to catch up with competetitors' valuations. GIGA's balance sheet remains strong.


About GIGA:

Giga-tronics Incorporated (Nasdaq: GIGA) engages in the design, manufacture, and marketing of various test and measurement equipment used in the development, test, and maintenance of wireless communications products and systems, flight navigational equipment, electronic defense systems, and automatic testing systems. These products are used primarily in the design, production, repair, and maintenance of commercial telecommunications, radar, and electronic warfare equipment.

ray,what about haup?  given up on that one? oh yes. so many stocks, so little time. soxguy

Soxguy,

I have my HAUP shares tucked away util after 1Q 2007 earnings in Late February.  I am not a swing trader...I invest mid and long term. I buy low and sell high. My  HAUP cost basis is just a little over $5. My target price is $10+. Stocks go up and down on a daily basis. I am not worried about the current downtrend because the fundamentals are strong and can support higher prices.

GIGA could be a nice surprise in 2007. I suggest that you listen the last CC.....it's in the website. You can sense the new CEO's excitement about the short and long term prospects.

OK....let's see if GIGA will have a gigayear this year. My bones tell me ..yessssss!!!

GIGA is ready to move up. See ya at $2.8 next week. Once the earnings day is announced, you will witness the power of GIGA. It reminds me a lot of HAUP when volume increases.