MicrocapAlert.com Issues Trader Opinion on TGI Solar Power Group (TSPG) Last Updated: Sept 02, 2009 - 11:23am EST
NEW YORK)-– Microcap Alert has issued a traders opinion on TGI Solar Power Group (OTC: TSPG), a provider of solar energy products and solutions, and increased its near-term traders target of $0.20 to $0.25 per share.
Summary
The company had been in the dormant state for the past several quarters, but recently the company looks to be moving ahead and showing signs of new direction, and activity. Some key factors for adding TSPG as a new play for Microcap Alert are as follows.
- Only around 80 million shares outstanding - Very low float, fast moving level 2 - New press and business activity - $1 million equity line of credit financing for business plan - Plans to begin audits, up-list to higher exchange
Although still speculative, the low float and recent business and news activity makes TSPG a perfect play for traders seeking a potential 5 to 10 bagger. Microcap Alert sees a near-term traders target of $0.20 to $0.25 per share.
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