Wayde,
Well said. I also believe that TSSW is oversold and likely to rebound soon. Even though I have large capital gains this year, I am holding on to my TSSW position even though I paid over $4 for some of my shares. Instead, I have been adding to my position as I agree that this company is positioned to turn the corner to profits. Given the amount of cash on hand, TSSW appears to have staying power:
Cash And Equivalents: 741,000
Short Term Investments: 8,871,000
Long Term Investments: 2,085,000
Total In Cash and Investments: 11,697,000
Per Share: 11,697,000 / 7,847,000 shares = $1.49
Stock now trades at $2.19 or 68% of its cash and investments
* I am anxious to see the new marketing plan. This company has good products . . . would like to see the company find a big brother / sister to help market the company's products.
* Look for a rebound soon
DC |
