Thursday, March 3, 2011

MTSL - Is it going to do it again?

It looks like someone is trying to move the price of MTSL up. It is up 14% today with above 3 month average volume. It is worth keeping an eye on it. MTSL is going to report on 03-18-2011. Based on its previous price action, this stock always had a run up before the earnings and I will be surprised if it does not do it this time. It hit all time high of $4 in on 12-03-2010 and it could do it again if we see some positive numbers in the upcoming release. I am in it at $1.92 with no targets set :)

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!!

2 comments:

  1. I got sucked into this stock (MTSL) last time ($2.50) and I hope it moves higher so that I can break-even.
    What price should I look for selling before the earnings?

    ReplyDelete
  2. If my prediction is correct there should be a huge volume day when we would see $3.50 as the high of the day and it should happen before earnings. Keep an eye on FACE and ZGNX

    ReplyDelete

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!!!