SwingTrade Member Forum

[Rawnoc]

TPCS thoughts as of 3/5/11...

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 could 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, sales continue to go up sequentially.

(3) Backlog is up to $27.2 million or near triple last quarter results.

(4) TCPS continues to announce orders coming in.

Examples:
$450,000
http://finance.yahoo.com/news/TechPrecision-Corporation-prnews-4229395444.html?x=0&.v=1
$1.2 million
http://finance.yahoo.com/news/TechPrecision-Corporation-prnews-659877344.html?x=0&.v=1
$1.19 million
http://finance.yahoo.com/news/TechPrecision-Corporation-prnews-1894644851.html?x=0&.v=1

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

(6) TCPS could be a $5.00-$10.00 stock in 2011 IMO.