SwingTrade Member Forum

[Rawnoc]

TPCS thoughts as of 11/12/10...

TPCS is cash-rich, low float, making money hand over fist and growing while trading cheap vs. current and future earnings and book value of its rock solid balance sheet.

Additional reasons why I think TCPS will be a multi-bagger:

(1) TPCS is a manufacturer of large-scale, high-precision machined metal fabrications mostly to the alternative energy sector such as solar panels which is an exploding industry as well as some other growing industries (nuclear & medical for example). Their biggest customer by far is GT Solar, stock symbol SOLR on the NASDAQ with a market cap well over $1 billion. SOLR has been growing like a weed.

(2) TPCS earnings came in at +.06 baisc, +.04 diluted (+.05 w/o one-time costs), sales up 36.2% sequentially.

(3) TCPS is forecasting a lot of growth in business going forward on their conference call which had several institutional funds and/or brokers on the line.

(4) Backlog is up to $31 million or near quadruple last quarter results.

(5) TCPS continues to announce orders pouring in:

$6.7 million:
http://finance.yahoo.com/news/TechPrecision-Corporation-prnews-151666992.html?x=0&.v=1
$3.9 million:
http://finance.yahoo.com/news/TechPrecision-Corporation-prnews-716449505.html?x=0&.v=1
$2.9 million:
http://finance.yahoo.com/news/TechPrecision-Corporation-prnews-1227501939.html?x=0&.v=1

(6) TPCS is seeking to uplist to a major exchange.

(7) TCPS is a $5.00-$10.00 stock in 2011 IMO.