TSTC continues it’s run
July 26th, 2010
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TSTC had a scorching run in the last 3 days. It’s up another 13% today. We spotted this value play when it was around $9-9.5 and now it’s almost a $13 stock. This is almost a 30% run in just 3 days and we are going to take some profits in this stock at this level. Another value play FUQI is up 6% today. We added some stocks liek FNSR, BIDU and MELI to our watchlist yesterday. FNSR jumped by 4% today from a solid base, MELI rocketed higher by 6%, RBCN surged 6% and BIDU broke out with a 3% gain today. Overall, our picks had a strong day so far and we are taking some profits here as the S&P is still below the 200 day and we had a great run in the short term.