Wednesday, May 29, 2013

New Watchlist - PSIX, WPCS, ECTY, XRSC

Our recent picks VRTA, VRTB, AFOP, DRAM were up nicely in the last couple weeks. Any pull back in these stocks would be a BUY. Besides these the following popped up on my screen this morning, 03/27.

PSIX - This stock was uplisted from OTCBB to NasdaqCM today. Power Solutions International, Inc. designs, manufactures, distributes, and supports power systems for original equipment manufacturers (OEMs) of off-highway industrial equipment in North America, Asia, and Europe. Read more here.

Why Buy? - PSIX is in hot alternate energy sector, which could 'Kill The Gasoline Engine'. Unlike Westport (competetor), which converts diesel engines to run on cleaner and cheaper natural gas, PSI builds these engines from the ground up. These engines are custom-designed and built to perform a specific task for an equipment manufacturer. Most of PSI's business is for off-highway use in highly varied niche products. Read here.

Numbers: Low float, 1.59 million Shares !!! man ! we love this float with sexy numbers...Yearly EPS is going to be .98 and if you throw a conservative PE of 100 (yes 100) this stock should be be trading at $100 but it is at $37.80 as it was on OTC until yesterday. Now pension funds, and institutions are going to grab as much as they can....THIS WILL BE THE HOTTEST STOCK GOING FORWARD !!!

Key Statshttp://finance.yahoo.com/q/ks?s=PSIX+Key+Statistics Look for float, EV, Price to Sales Ratio (PSR) and Growth Estimates here

PSIX downside is $34 and upside is $100

WPCS - New Reverse Split play..Tiny float 900K...adjusted EBITDA well over $1 per share now ..decent comments on backlog....on FIRE !!! BOSC, CBMX ran right after reverse split...Add WPCS to your watch list...$3.80 now....heading to $6

ECTY - TLSA sympathy play...We alerted this stock on Twitter at $1.50 and it moved to $2.40 before earnings and dropped to $1.70 and gained some momentum since then. However there was buying this morning on rumor that TSLA chief would be involving ECTY in its business (charging electric vehicles, Blink Charger) but later it turned out to be just a rumor and the stock tanked. This stock will gain huge momentum as the demand for EV (Electric Vehicle) grow..We have GOOG https://www.google.com/green/efficiency/oncampus/ and other companies besides Tesla that are seriously pursuing EV projects.

Keep this stock on radar and add on pull backs...I am in at 1.60 and out around 2.25is..got back in at 2.15.

XRSC, VRTA, VRTA, LOAN, DRAM are other hot stocks that still have room to go higher.

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!!!

No comments:

Post a Comment

Who is Mr.Incredible?

My photo
New Jersey, United States
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!!!