Today’s penny stock pick is another one of my famous high-flyer alerts that historically have rocketed into the thermosphere. Four of my past 5 alerts have produced triple digit gains and I think TUCN could do the same.
While my past few alerts have been multi-day trades this one is for those fast money loving traders out there…
Are you ready for my day trade alert?
Without further ado I am immediately alerting you to TUCN (TouchIt Technologies), which closed yesterday at $0.018 per share.
This company is already running a profit (click that link for the proof) and you don’t want to miss out on the action this morning.
TUCN is a leading designer, producer and marketer of touch-based visual communication products. The Company manufactures a large range of touch screen and touch board products containing proprietary technology — from small LCD touch-screens to large interactive whiteboard displays, with applications spanning education, business, and government.
When you see those cool touch-screens used on networks like CNN and ESPN, that’s one of the types of technology developed and marketed by TUCN.
ESPN uses technology like TUCN’s for touch screen displays to your television where you can see the X’s and O’s for Monday Night Football.
The scale of the opportunity for TUCN’s products is monstruous. There are more than 67 million meeting rooms worldwide.
This segment of the corporate market alone is twice the scale of school classrooms. Yet, there is currently no adoption of any specific product in any of these spaces so the market is open to be taken!
We are a culture moving towards more interaction with LCD screens yet in many markets penetration of interactive whiteboards is less than one percent.
The potential is huge and TUCN is at the forefront of this virgin territory.
Learn even more about this exciting company and continue your due diligence by heading to the official company website.
Talking about the stock itself, we see from its latest filings with the SEC that TUCN has revenues of about $0.02 per share, trading at…get this…less than $0.02 a share! Undervalued? I think so.
Furthermore, the well-known stock analysis site StockTA has a “bullish” rating for TUCN and another famous analysis site Barchart rates it as a BUY.
What attracted me to TUCN is the fact that it is undervalued given what is happening and it also has a small float, which means there are simply not many shares out there and any attention should send this thing soaring. It operates in a market that is wide open for its products and is there for the taking.
I expect to see some beautiful action today with the stock.
Happy Saturday and Happy Penny stock Trading!