In my rush this afternoon, I did not mention my entering TRKN at $7.75 (a GTC I had from last night, and despite the fact that it traded lower, they did not give it to me at a lower price. Not that it matters much (the reporting delay) since it really did not move (closed at $8). I like this one since my estimate is that it is only one of th few semi-caps that may report better earnings than last year (only because last year was such a disaster, with the company coming back from the brink of bankruptcy). Last year they earned only $.07 in the current quarter, but this year, although estimates run as high as $.5, for the quarter, I think they have a good chance of coming in between $.30 and $.45. The braves amongst you may want to look at this one. I used to be a superbear on this one (at the outrageous level of $160/share or $16 pre a 10 for one reverse split, when it was known as PMAT).
If Carl R, read this, he may want to come back into the fore, he was right as well on that one when it was a bad stock, I think now it is a good stock.
Zeev |
