TUCN manufactures a large range of touch screen and touch board products. The product range has applications in several industry segments including education, business, and government.
We have an incredible opportunity to maximize on a potentially Huge Return, especially since the previous rally came even before the big 10-Q report that showed a huge jump in revenue and gross profit.
For the quarter ended Mar 31, 2013, TUCN reported revenue of 376K, up 71 percent from revenue of 219K, from the previous year.
And it doesn't look like they are slowing down any time soon with larger value ticket items driving higher revenues and a current back order keeping the Company busy.
With such a small float (roughly 1.25M) and incredible financials we have no idea why this play hasn't caught fire even more, but we think the possibility of another triple digit gain could be just around the corner.
After consolidating over the past few days we see the trend turning back towards the bulls, as evidenced by Wednesday's session closing green.
Do not miss out on a pick that I believe could easily double in the short-term.
Keep your eyes peeled to TUCN starting Thursday.