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Re: hawkeye5 post# 48890

Sunday, 07/24/2011 3:01:58 AM

Sunday, July 24, 2011 3:01:58 AM

Post# of 98509
From the standpoint of technical analysis, it's a very good buy still. I'm not a fundamentalist but, I do look at fundamentals to try to determine if there is any substance to the company. Tytan is actually competing quite successfully with John Deere and Company for the comparative products that they have. Downside risk is really low. The current price is not even close to being overbought technically and there is even a Bull Flag visible on the Weekly Chart. So, technically speaking, it's a fairly sure thing trade at present. Even if you look at the Price to Sales ratio and compare that to similar growth companies, it's currently undervalued. The institutional traders probably won't even notice this stock until it gets up in to the $0.25 to $1.00 range at least. You need to make your own decisions of course but, it's my kind of trade. I'd have to call this one a no brainer, can't lose kind of trade. My 2-cents.