TPS Update
TPS Position Update – April 12, 2016
We are going to take some money off the table, capture some profits, and cut our losses with two trades this week. . . . . Kingold Jewelry Inc. (NASD: KGJI) – Sell We recommended the stock in June 2015 at $1.04. Today, it closed at $1.35. Take a 30% profit in 10 months and […]
TPS Position Update – March 29, 2016
. . . . . Broadway Financial (NASD: BYFC) – Hold We recommended this community bank stock in January at $1.47 and it has been doing well. Today, it closed at $1.85. Last month, Broadway Financial reported Q4 2015 earnings. Net income came in at $5.6 million compared to $716,000 for Q4 2014. Net income […]
TPS Position Update – March 16, 2016
. . . . . Revolution Lighting (NASD: RVLT) – Hold We recommended RVLT in December 2015 at $0.86. Today, it closed at $6.51. But don’t crack the champagne. Last week, Revolution Lighting Technologies announced a 1 for 10 reverse stock split. There will not be a change in the par value per share, or […]
TPS Position Update – March 9, 2016
. . . . . Unilife (NASD: UNIS) – Hold We recommended Unilife in November 2015 at $0.90. Last month, on February 22nd, Unilife did what we were hoping it would do. The firm cut a deal with a major pharma/biotech company to sell its injectable drug delivery systems. Amgen is buying exclusive rights to […]
TPS Position Update – March 2, 2016
. . . . . Bluelinx Holdings Inc. (NYSE: BXC) – Sell After a long stretch of missed opportunities to take advantage of growth in the new home construction market, we have lost confidence in Bluelinx. The struggles have become more than we can reasonably expect the firm to overcome. On January 26, 2016, the […]
TPS Position Update – February 24, 2016
. . . . Ocean Power Technologies Inc. (NASD: OPTT) – Sell Let’s take our profits off the table now. OPTT is the poster child for a company that has a great idea… …that doesn’t turn out to be well executed. And things are not going as well as they once were at OPTT. This […]
TPS Position Update – February 10, 2016
. . . . Goldfield Corp. (NASD: GV) – Hold The Goldfield Corporation is in the construction business. Its customers are electric utilities and it focuses on work in Texas, the Southeast, and Mid-Atlantic regions. We recommended Goldfield in April 2015 at $1.67 and now it’s at $1.23. Through the first three quarters of 2015, […]
TPS Position Update – February 3, 2016
. . . . Inuvo, Inc. (NYSE: INUV) – Hold The Little Rock-based advertising technology and digital publishing company is doing well. We recommended Inuvo in October 2014 at $1.43 and now it’s at $2.65. The high of $3.57 that INUV hit last summer… will we get back to that June price again soon? We […]
TPS Position Update – January 26, 2016
. . . . Nevada Gold (NYSE: $UWN) – Hold We’re delighted with the way things are going with this under the radar gaming company. We recommended Nevada Gold in June 2015 at $1.66. Now it’s at $2.13 after running up as high as $2.50. For Q2 of fiscal 2016, net revenue was up $400,000 […]
TPS Position Update – January 13, 2016
. . . . iPass Inc. (NASD: $IPAS) – Hold We recommended iPass in October 2015 at $0.90 and it went up to $1.06. Now it’s at $0.95. For the most recent quarter, Q3 2015, iPass lost $3.43 million. Revenues were $14.99 million. It’s not as bad as it looks, because earnings decline comes as […]
