Trend Spotter working on Small Caps! $LMPX & TCCOHi Guys,
Just like to share this small cap review with you. I got a trade recap from Warrior trading and thought, wouldn't it be cool if Trend Spotter worked on small caps also?
Take a look,
Enda
TCCO
TCCO - WEEK CHARTHi, today we are going to talk about Technical Communications Corporation and its current landscape.
Technical Communications Corporation it's under market attention after its much better than expected earnings report, where the company informed this quarter an EPS of $0.56, which represents a growth of 366.67 % from the same period last year when the company reported an EPS of $0.12. TCCO also had an increase of 60% on its sales, coming from $1.71 billion to $2.74 billion. These uplifts could be a game-changer for the company's future.
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TCCO chart set to explode 300 percentPurely chart idea (Long) for $TCCO. This is a tiny float, former runner that is building higher bases on the daily. Backtesting shows, once this breaks out of the current consolidation zone, this could go on to explode 300% over the next 30-60 days. Co has very strong balance sheet most recent 10Q linked and C E O made some very bullish comments in the most recent ER .
Quote:
Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “During the Company’s second quarter ended March 31, 2018, we did not achieve our desired financial performance for fiscal 2018. Several international opportunities have made significant progress but have not yet closed due to delays in the evaluation and procurement process. TCC’s products go through rigorous field and laboratory testing, which ensures that all customer requirements are met prior to procurement. We expect that some customer evaluations will be completed during the next quarter, thereby allowing associated procurements to proceed.”
“TCC is committed to returning to profitability over the remainder of fiscal 2018. We continue to closely monitor and reduce operating expenses as appropriate, while strategically investing in business development efforts, developing productive relationships and expanding our sales channel network.”
Great r/r for me from current $4.50 levels.