Wednesday, February 16, 2011

NPTN - New IPO ready to soar

Neophotonics Corporation (NPTN) engages in the design and manufacture of photonic integrated circuit (PIC) based modules and subsystems for bandwidth-intensive, high-speed communications networks. The San Jose, CA-based company, which conducts the majority of its manufacturing in China, is seeing healthy demand for its products as data carriers look to upgrade their networks to support growth in bandwidth-hungry content such as video and other multimedia applications. The company generated $176 million in sales for the 12 month period ending September 30, 2010. NPTN offered 7.5 million shares at $11. It had provided an earlier range of 7 million shares at $9 to $11. It is currently trading at $18.50 and has potential to double in 2011.

Bottom line - With strong international demand for high-speed communication network and products we can expect a surge in the sales as consumers' appetite for online video grows. This is a tiny float value stock that has potential to double this year.

Disclosure - Long NPTN

A general Caution and Advise --As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!

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Who is Mr.Incredible?

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Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!