TYRIA.OB

[David Randolph]

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.

(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)

[Ramsburg]

Bought TYRIA @ $0.03 for the 3 Pennies On Fire Portfolio

[David Randolph]

I'm happy to be holding TYRIA.OB again, now for the 3 Pennies on Fire Portfolio. Fundamentals are sound as you can read on other threads on this website. TYRIA.OB will be a long term holding of the 3 Pennies on Fire.

I will update this analysis everyday with new technical or fundamental information.

[basonista]

Trey Resources Closes Series of Software Transactions
Thursday September 15, 6:30 am ET 
Company Continues to Make Major Inroads in Sales of EDI and Accounting Software


LIVINGSTON, N.J., Sept. 15 /PRNewswire-FirstCall/ -- Trey Resources, Inc. (OTC Bulletin Board: TYRIA - News) announced today that the company's wholly owned subsidiary, SWK Technologies, Inc., the premier total solutions provider specializing in business software, has closed on a series of new software sales and upgrades over the past several weeks.
ADVERTISEMENT


The total value of these transactions exceeds $130,000.

Jeffrey Roth, CEO of SWK Technologies, said, "The additional capital invested in SWK Technologies by our parent, Trey Resources, is having a significant positive effect on our sales and marketing efforts. Our sales organization continues to successfully penetrate the small- and medium-sized business market in an aggressive fashion. We are now selling and marketing aggressively and effectively throughout the U.S. and the world. We have recently announced deals in Alabama, New York, California, and Canada. Trading partners serviced by our proprietary software include household names like Wal-Mart, General Motors, The Home Depot and Lowe's. Our sales pipeline is exceptionally strong. We are closing on deals both large and small. Our business partner relationship with IBM gives us tremendous credibility in the marketplace. We expect to be in a position of announcing additional exciting transactions in the near future."

About Trey Resources

Trey Resources is involved in the acquisition and build-out of technology and software companies. The company's growth strategy is to acquire firms in this extensive and expanding but highly fragmented segment as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc. and Business Tech Solutions Group, Inc. For more information, contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e- mail at [email protected].

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
--------------------------------------------------------------------------------
Source: Trey Resources, Inc.

[David Randolph]

Thanks for posting the news basonista 

I was sorry I had to sell TYRIA.OB the last time I held it, this time I'm willing to be much more patience with this penny stock. I know how hard it is to find a fundamentally attractive penny stock, so I want to stick to those. TYRIA.OB is one of that kind, just read the news and the SEC filings and then  compare them with the market cap of the company.

[basonista]

Anything I can do to help    I don't have much to offer for TA on your picks so I'm trying to be useful in other ways while I learn.

I hope your internet problems at work aren't permanent as you said in your cesy post.  I'm an IT person and I know how much of a pain in the butt it is not to be able to do work from your normal location.  Maybe a laptop with wireless is in order?  That way you can hang out at your local Starbucks, have a java and do your updates!

[basonista]

Today's chart:

[David Randolph]

Anything I can do to help    I don't have much to offer for TA on your picks so I'm trying to be useful in other ways while I learn.

I hope your internet problems at work aren't permanent as you said in your cesy post.  I'm an IT person and I know how much of a pain in the butt it is not to be able to do work from your normal location.  Maybe a laptop with wireless is in order?  That way you can hang out at your local Starbucks, have a java and do your updates!

Strabucks? Never been to one ...  I have two laptop with wireless connection, the problem here is that the internet connection has many flaws ... it goes down a lot of times even though I have the top service. But this won't be for long, I'm thinking of moving to the US soon 

Considering TYRIA.OB, the stock needs time and I'm willing to give it to her. $1,000 parked here to become 3 or 4 or maybe 10 thousand dollars in the future.

Today I have the chart for you, $0.020 is a strong support, we'll probably won't see the stock below that level again.

[TRUNK]

ok.. i'm in

I've been wanting to own this one for awhile

Just got 38,000 shares at .028

[David Randolph]

TYRIA.OB is another case where the stock is very undervalued but the market still doesn't recognize this, it will probably need to see the numbers on their face to react. Not a problem, I'm willing to wait for the stock to appreciate.

Perhaps these news will help, the company continues to sell its software products and services:

Trey Resources Continues to Rapidly Close Software Sales

[David Randolph]

Just a few trading days and I'm already down 22% on this TYRIA.OB trade. I still don't get it how this company has a market cap of just $1.8M when it sells $1M a quarter 

I will continue holding TYRIA.OB.

[cookie]

For the quarter ending June 30, 2005, the Company reported revenue of $955,527 as compared to $215,075 for the second quarter of 2004.

The Company reported, on a consolidated basis, a net loss of $334,203 in 2005, as compared to a net loss of $312,654 for the quarter ended June 30, 2004, primarily due to increased corporate overhead, including additional sales and marketing expenses.


It made more and had a greater loss. Something is fishy.

[echo]

Cookie,

This happens frequently when companies are growing.I don t know the specifics of it but if they are investing into growth,  losses will get bigger or gains smaller.What is not good is the fact that they state that their overhead was higher.This I think is negative and maybe something to look at.Maybe David can opine on this one.

jmo and good luck to everyone.

[David Randolph]

Lol Cookie, forgive me for saying that the expression «something is fishy» is really funny    It doesn't make any sense if we translate it by the dictionary but I'm aware it is an expression used in the US.

Anyway, I agree with Cookie and with ultra1066. You two made good points about the company. But it is impossible to decide based solely on that information.

What I see here is a company with less than $2M in market cap, a company with a real product and real sales. Good Lord, I've seen so many companies worth ten times more than TYRIA.OB and they didn't have any product or service to sell ...

I will continue holding TYRIA.OB.

[David Randolph]

TYRIA.OB was down a lot yesterday, up a lot today, with low volume. Nothing new, I'll keep holding.