Re: OT - Solar stocks and such things-timminco
in response to
by
posted on
Dec 07, 2007 04:39PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
TIM... ah yes! I became aware fo it in the spring when it rose from 65 cents to $4 and was very intrigued. I had a tough time getting my head around it as their #'s were all in the negative but the outlook was good. I considered buying when it broke thru $4 into a new high but didn't and it has gone to $18, corrected and is now making another charge. It is one that got away for sure! This is one I would need to do a bunch of DD on, because the #'s still aren't there. The rev is relatively flat for 4 qrtrs, and the eps is still neg and flat. One analyst stated that it still has great upside potential, but it could really crash if there was a hiccup.
If you know more about their story, I would love to hear it. They have a ton of potential, and technically, I think if they break their old high of 18, they could run to the mid $20's if you subscribe to the theory that the upside of the chart is equal to the depth of the correction.