TeleCommunication System (TSYS)

[Stockslayr]

Still a good stock to play. I agree with your buy in at 2.5. Good luck!

[ryan44]

LOL nice dump this morning. Dumped it all at 3.02 the other day. a nice run overall. Don't like holding into earnings. bot back some at 2.50 this morning. still think this is going higher. price came down from the clouds now that they've lowered expectations for the rest of the year.

[Stockslayr]

I hope you took some profits before the dip...

[ryan44]

Noble Financial downgrades TeleCommunication Systems, Inc. (NASDAQ: TSYS) from Buy to Hold.

[Stockslayr]

Whoa... I think ya'all knew this couldn't continue like this....

[martych]

Quarter is about as expected. Top and bottom line misses but not terrible. Backlog ok. Unfortunately guidance is being reduced for full year.

Just out on DOD website:
TeleCommunication Systems, Inc., Annapolis, Md., is being awarded a $6,865,586 cost-plus-fixed-fee contract for the design, development, delivery, and evaluation of a largely non-proprietary prototype Intelligent Tutoring System capability and associated content for the Navy's information technology (IT) rating "A" School at the Center for Information Dominance in Pensacola, Fla. The intelligent tutoring authoring and delivery system will be integrated within the IT A-School course and it will emphasize the troubleshooting skills required of today's Navy IT rating. Work will be performed in San Mateo, Calif. (65 percent), Pensacola, Fla. (30 percent), and Annapolis, Md. (5 percent), and is expected to be completed in September 2015. Fiscal 2012 Research, Development, Test & Evaluation contract funds in the amount of $6,865,586 are being obligated on this award, all of which will expire at the end of the current fiscal year. This contract was competitively procured via Broad Agency Announcement, with one offer received. The Naval Air Warfare Center Training Systems Division, Orlando, Fla., is the contracting activity (N61340-13-C-0014).

[ryan44]

earning out after market close today

[Stockslayr]

Congrats to TSYS longs!!

[ryan44]

they just keep piling on here. could see 5.00

[martych]

Hoping for an order announcement by end of week. Stock price remains very bullish and company has been adding new job openings in Chantilly and Reston. Jobs do not appear to be contingent and verbiage on reqs are pretty specific. Example:
Full Clearance Required
This position is likely to require early work, late work, or weekend work on deployment weeks. Deployment every 3 weeks.

Certainly sounds like a specific assignment for a known contract. Could already be in backlog but combined with stock price action, I suspect it's new.

[Stockslayr]

TSYS longs, I got ARTX from the same person who gave me TSYS.... And TSYS was very good to me...

[martych]

From what I've found, this was a deal they did with the Carlyle Group who is a private equity firm. They bought CommScope in a take private transaction a couple years ago. It looks like the related entity Harvey LLC owned the two referenced patents in the PR and the ownership group of this company was related to CommScope.

The confusing part of the PR was the reference to the multi-million sales pipeline. In my history a sales pipeline was the result of lead generation and was where a you looked to build a sales forecast for the future. However, their reference to increased market share is where I get confused. A pipeline isn't backlog or sales so it wouldn't have any impact on market share until converted. And the competition also has a pipeline so how it would equate to incremental share just doens't make sense. Could be they were tryng to "sell" the opportunity a little hard.

[martych]

Acquiring tuck in assets press release out. Seems interesting but aso confusing with respect to sales pipeline and increased market share. Have to wait for call or SEC filing.

[ryan44]

2.96, running right up my channel 3 bucks soon

[ryan44]

2.94, another new high today :)

[martych]

I had been wondering why they were hiring in Baltimore. Posted 5 new jobs last April which remained open. During last 2 wks, 4 were hired and addl new jobs posted with 6 now open.

I'm hoping the activity in Aliso Viejo (NIM) is a good sign as well. Opened 9 last March likely for both QNX and Blackberry ramps. Since then they have closed out a dozen jobs there and opened 15 more. They also had a slew of contingent positions in Ft Meade and Tampa which have now been closed. Can't tell for sure, but appears they didn't get those awards and closed out the positions

[ryan44]

a $20 million civilian contract with support jobs is great news. This is the direction TCS wanted to go. premarket hit 2.93

[ryan44]

watching ONCS, if the .30 starts getting snapped up I'm in. Looking for a pr at EOD or tomorrow morning. I play ONCS and INO a lot. congrats on your gains

[Stockslayr]

Oops, sorry. There goes the bottom. Get your cheese...

[Stockslayr]

Lol....yes. Greed is a seductive mistress. Looking for the next big fish. I almost doubled on TSYS. Do you have any other lines in the water?

[ryan44]

Did you go back to work?

[Stockslayr]

Wow good run. Not sure it has support to hold this price. Watch for bottom to drop...IMO (no current position in TSYS)

[ryan44]

bring on the volume 2.92

[martych]

Been a while since we've seen TSYS move like this.

[ryan44]

boom!

[ryan44]

hit 2.80 :) up we go

[Stockslayr]

Sorry got greedy and sold my TSYS position today.

[martych]

Loved the spike to $2.78 yesterday. Now let's get a close above $2.70.

[ryan44]

broke 2.70 resistance yesterday,
so it should continue to 3.00. hello Marty
still here at 1.71. :)

[martych]

Paul Costner lastest estimates from JP Morgan 6/28
Overweight $3 price target

Jun
Rev $99m
Loss ($.03)

Sep
Rev $123m
EPS $.04

Dec
Rev $130m
EPS $.07

[ryan44]

and no news today. I guess the Russell 2000 is kicking in now

[ryan44]

LOL sideways or up, I guess we have got a run here. continues to new highs, 3 soon

[Stockslayr]

Geez... Thought you wanted some sideways movement,...lol

[ryan44]

2.78

[ryan44]

LOL hit 2.75 giddyup

[ryan44]

Need sideways here for a bit. Running up too fast

[Stockslayr]

My last day of vacation. If it hits 3, I'm not going back to work....

[ryan44]

current price 2.69

[Stockslayr]

Good timing....!

[ryan44]

news out,nice :)

[ryan44]

earnings in two weeks! solid earnings should run this to 3 bucks

[Stockslayr]

I like thi$......

[ryan44]

and there's 2.58. 2.70 soon

[ryan44]

http://stockcharts.com/h-sc/ui?s=TSYS&p=D&yr=0&mn=6&dy=0&id=p96136171566

[ryan44]

long term bullish indicator, such as the 50 sma crossing over the 200 sma, that's what I see on the chart. if you google it there's a lot there.

[Stockslayr]

Not familiar with golden cross.....

[ryan44]

TSYS also has a golden cross on the six month daily chart working

[Stockslayr]

Nice contract they got...

[ryan44]

Hit 2.52 this morning:)

[martych]

Defense.gov release at 5pm:
Telecommunications Systems, Annapolis, Md. (W904TE-13-D-0461); By Light, Professional IT Services Inc., Arlington, Va. (W904TE-13-D-0462); Cytech Communications LLC, Nokesville, Va. (W904TE-13-D-0463); iGov Technologies Inc., Reston, Va. (W904TE-13-D-0464); Sierra Nevada Corp., Sparks, Nev. (W904TE-13-D-0465); and D & S Consultants Inc., Eatontown, N.J. (W904TE-13-D-0616); were awarded a firm-fixed-price, multi-year, multiple-award contract with a maximum value of $48,000,000 for various command, control, communications and computer support services for users located at Fort Bragg, N.C. Type of appropriation will be determined with each order. The bid was solicited through the Internet, with 10 bids received. The Army Contracting Command, Fort Detrick, Md., is the contracting activity.