Thinspace Technology Inc. (THNS) made the team a fistful of WIN when I introduced it to you a few months ago -- now it’s ringing my screen again!
What does THNS do? Cut through the jargon and they’re surfing the $165 BILLION “cloud computer” wave alongside Amazon! (VIDEO)
In fact THNS price action jumped 70% about a month ago on the shock NEWS that the company has joined the Amazon web services platform. (Read more)
Naturally a leap like that takes a little time to follow up, but now the THNS chart may finally be in position to give the bulls another round:
THNSnew.png
By this point you should recognize the sharp-pointed triangle formation THNS took the last four weeks to trace as the price action came in.
A chart like that reveals a lot of heavy lifting as the floor comes up to meet the ceiling -- and then Tuesday’s big move broke out of the box!
So if THNS has the raw technical set-up to light some more fireworks in the immediate future, where are the catalysts that might spark the fuse?
Start with the cloud! THNS sells software that lets corporate users share their screens for training or diagnostic purposes -- same as the stuff that made Citrix into an “virtual machine” empire! (Read more)
Nerds like the technology, but where THNS impresses blue-chip customers like Toyota and Deutsche Bank is on PRICE. Looks like the “costly and complicated” competition is bleeding business!
THNS is making the margins work because this $0.15 startup posted a solid gross profit in its last 10-Q. Throw close to 1000% revenue growth into the mix and the fundamentals hit “critical mass” fast!
Fresh gung-ho management hit the ground running with global deals: here’s Cairo, and just a few days ago THNS got to brag about helping the people who feed Beijing’s network migrate to the cloud! (Read more)
Bottom Line: I don’t know whether the current fundamentals, the deal flow or the chart itself is the most compelling thing about THNS right now.
Just based on the latest quarterly numbers, THNS has started racking up respectable operating cash flow for a $0.15 company of its size. (Analyst report)
But with foreign IT shops scrambling for a way to get their clients on the cloud without breaking the bank, the real fun might be in the pipeline!
And now that THNS is on the Amazon cloud, it gets a lot easier for Western IT to give this little upstart a shot too!
The right combination of deals could easily give THNS the industry heft to compete with giants like Citrix, Blackberry, even Big Blue itself. (Read more)
But get your head out of those long-term “clouds!” If THNS is really on the verge of a breakout move, it’s time to scan that chart for the here and now!
Time to TRADE!
Sincerely,
Michael Reef
yourstockguy@gmail.com
AI
