Tuesday, July 2, 2013

New Watchlist - AETI, LPTH, MTSL, TRT

AETI - American Electric Technologies, Inc. provides power delivery solutions to the energy industry in the United States and internationally. It operates in three segments: Technical Products and Services (TP&S), Electrical and Instrumentation Construction (E&I), and American Access Technologies (AAT) Read more here

Why Buy? AETI Announces 395% Increase in First Quarter Net Income. First Quarter Earnings Per Share of $0.18. On annualized basis the stock price should be trading at $10.80 (.18 EPS * 4 Qs * PE of 15). Not much reading required when you look into the numbers. Read more here. Besides strong fundamentals, technical signs also suggest that this stock is poised for big jump from where it is now.
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 21.61% in the last month
  • Relative Strength index 74.89%
  • Click here for the chart
Oh BTW, the float is 4.1 million shares as per yahoo finance click here. I am in at 7.13 with upside price target of $12 and downside $6.75

LPTH - Our old pick moved up nicely 15% after consolidating in $1.30 area. Now the stock set for a big move. Anyone that is noticing its L2, Time & Sales can easily tell that there is a strong bid at every down tick. I think we will see $2s very soon. Be patient. XRSC did the same, and so did RVLT. Chart looks sexy, 14 Day RSI at 70% should put us at 1.5 and RSI 80 + should put us at 1.80 - 2.25

MTSL - Old pick moved after I tweeted at $1.60. It jumped to $1.89. I got in around 1.65 and scalped it for .20 !!! This stock might gain momentum again and incredibly cheap around $1.50 area...so I would go long between 1.50 and 1.70.

TRT - Turnaround story, Bullish comments from CEO, Low float 2.29 mm shares, in hot sector. This is a sleeping cell and one huge buy or a news item can lit the fire !!! Upside $ 4-5 depending on the news, downside 2.85. I bought it at 2.74 and took some profits around 3.20 area.

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. If you are profiting from a trade then always ring the register. 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!!!