Value Microcaps Zip Code Changers

[nelson1234]

tstf (1.43 +.53) teamstaff, the turnaround by new management is doing great, perhaps turning the corner, and they've been able to cut their losses dramatically...lost only a few hundred thoudsand this qtr vs over a mil last year. They are trying to get more long term contracts not just in govt staffing.

Along with earnings this morning they announced a large $140 mil pharmacy benefit contract with the VA...the $140 mil is a max and its over five years. I believe part of this contract is a renewal. Begins July 1.

In the cc going on now, the CEO stated that they are currently bidding on one billion in contracts, and expect to get some wins out of that.

Also, stock needs ten days over a buck or else could dump (tstf has one more appeal). But at the moment, trading $1.4x.

I picked some up when management and their largest shareholder (Wynnifield Capital) bought shares to infuse capital a little while back...Wynnifield has stated they will continue to bank tstf if they require more capital. Sold one0third before earnigs yesterday, but bought a few back early.

here's the outpatient contract annoounced today: http://finance.yahoo.com/news/TeamStaff-Inc-Awarded-thomsonreuters-1240777536.html?x=0&.v=1

best.