Happy Monday Morning,
TATTF has moved up nicely from the $12.90 close one day last week.
Hitting a high of $13.86 so far today.
I think if we can get some good volume today it could punch thru the $14 range. This is key area though we will see if the buying comes in. I see decent resistance not to much higher so we will see if it can move up.
If you HATE losing money this may be a good place to take profits. (Only 2-3% but its still PROFIT.)
Others may want to consider breakeven stops.
I think if it punches thru the $14-15 level on a close it will go for $18-20 range. But it could still fall back.
Doing more research the stats I gave last week were OFF.
They aren't a $100 million revenue company without LIMC from what I understand they would be more like $20-$35 million revenue.
But even with 8 million shares x $11 for LIMC that is $88 million add that to say $22 million in revenue on their own and the marketcap should at least be $110 million on TATTF.
With 6.6 million shares for TATTF a $110 million marketcap is still a $16+ stock. And that is at a pretty big discount. (LIMC shares are over $13!)
Anyway you slice it is still a good value I think. I am holding until further notice.
Have a good trading day,
Steve Hoven
alleycatnews@alleycatnews.net
Monday, October 1, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment