7 million float, 28 million OS Almost 400 million revenue annualy Market cap 25 million?crazy!!! No near term debt concern IPO last year at 11$ Insider holds about 60% of the total shares Buyout highly probable or privately to be taken
At 2$ company valued at 56 million$ At 3$ 84 million$ At 4$ 112 miilion$ At 5$ 140 million$
I heard company has worth 100 million$ in inventory.
Book value at 3$
At .83 cents its worth taking some risk here.
Ive seen many penny stock with crazy market valuation and trading more than .80 cents.
TCP is on a rebound currently. $1.15 with $1.25 after hours. Sales have been down in the LED market due to the drastic drop in LED lamp pricing. Look for more upswing once the internal review is completed on BOD and officers. This is a move to prevent Ellis from being CEO in the future at TCP.