TPS Update
TPS Position Update – July 29, 2016
. . . . VALHI, INC. (VHI) – HOLD We recommended the stock in April at $2.17. Today, it closed at $1.86. Valhi is primarily in the chemical business, and because of industry-wide pricing pressures, the firm has had a difficult time keeping prices stable. It focuses on titanium dioxide products. Valhi also operates security […]
TPS Position Update – July 26, 2016
. . . . LRAD CORP (LRAD) – HOLD We recommended the stock in March at $1.74. Today, it closed at $1.96. LRAD is a big fish in a small, but growing pond. It is a top manufacturer of acoustic hailing devices, known as AHDs, and advanced mass notification systems. These are specialized audio systems […]
TPS Position Update – July 12, 2016
. . . . MCCLATCHY CO. (MNI) – HOLD We recommended the stock last August at $0.96. Earlier this year, the stock went through a reverse 10-1 split. Today, it closed at $17.26. That’s an 80% return. The last few months have been good. As recently as May, the stock traded at $10.30. Following the […]
TPS Position Update – July 6, 2016
. . . . REVOLUTION LIGHTING (RVLT) – SELL We recommended the stock last October at $0.86. Earlier this year, the stock went through a reverse 10-1 split. Yesterday, it closed at $6.50. What went wrong? In a nutshell, the company figured it was closer to signing some big deals with the U.S. military than […]
TPS Position Update – June 14, 2016
. . . . iPass (IPAS) – Hold We recommended the stock last October at $0.90. Today, it closed at $1.20. iPass is a wifi company with three products: INVIBLE, EVERYWHERE, and UNLIMITED. Each product lets users connect to the world’s largest wifi network. (It’s a cloud-based service with 50 million hotspots.) Another money-losing quarter […]
TPS Position Update – June 8, 2016
. . . . BROADWAY FINANCIAL CORP (BYFC) – HOLD We recommended Broadway Financial in January at $1.47. It reached $2.08 within a few months for a handsome 41% return. The stock has given back some of its gains. But we continue to believe the best lies ahead for this Los Angeles bank. When financial […]
TPS Position Update – May 24, 2016
. . . . 22ND CENTURY GROUP (XXII) – HOLD We recommended 22nd Century in June 2015 at $0.74. It reached $1.65 in November for a 123% gain. But since then, the stock has been sliding. And because of the company’s improved financial performance, we believe XXII is undervalued and ready for another runup. Net […]
TPS Position Update – May 17, 2016
. . . . Finjan Technologies (FNJN) – SELL After we recommended Finjan at $1.64, it shot up to $2.32 for a 42% gain. The pullback to today’s close of $1.37 has been gradual. And after evaluating the increasingly uncertain Finjan future, we believe now is a good time to sell. Here’s why. The firm’s […]
TPS Position Update – May 4, 2016
. . . . Inuvo (AMEX: INUV) – SELL We recommended Inuvo in June 2015 at $1.43. Now it’s at $1.88 after running up as high as $3.50. The firm reported solid Q1 earnings late last month. Revenue for the quarter was $18.7 million, a 40% increase year-over-year. Net income was down from $626 thousand […]
TPS Position Update – April 19, 2016
. . . . Nevada Gold (NYSE: UWN) – Hold We recommended Nevada Gold in June 2015 at $1.66. Now it’s at $2.07 after running up as high as $2.50. When the latest quarterly results were released last month, the numbers were solid. For Q3 fiscal 2016, net revenue was up to $18.4 million. That […]
