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Monday, May 21, 2007

May 21st - TSS

This week Cramer is going to look at all 30 DOW components to see what he expects them to do in the upcoming year (as he has predicted the index to go well over 14,000). People may buy the stocks in hopes people will buy them as he mentions them through out the week, but there is no secret here, and no real reason for these stocks to pop creating a shorting opportunity.

Finally Cramer recommended Total System Services, Inc. (TSS)

Closing Price: $32.44
After Hours High: $ 34.08
Percent Increase at High: 5.06%
After Hours Most Recent Price: $ 33.81
Percent Increase at Most Recent Price: 4.22%
Sector: Services
Days to Cover: 17.2
Short %: 14.68 %
% Held by Insiders: %
% Held by Institutions: 8.40 %
50 Day Moving Average: $31.79
200 Day Moving Average: $27.31


The stock was hanging around the top level of the bollinger band ($32.47), and with the after hours action it is well above it now. The current short days to cover is pretty pretty high since this is a low volume stock on recent average. This could cause some panic buying, but since the short data (from shortsqueeze.com) might be a little dated that short percentage might be lower now...the reason I think that is because the 200 and 50 day moving averages are both below the current price, so the stock is above its average price over those time lines. This means that anyone who is short the stock in the last 200 days is likely down on that trade and may have covered already to avoid bigger losses. I would also like to point out that the PEG ratio is currently close to 2. This means that the stock is fairly valued according to one of Cramer's rules that he will pay two times the growth rate for a company. If your are interested in learning about PEG and other investing terms related to TSS visit my Instant Homework site where I give detailed analysis on Cramer's picks along with helpful definitions.

Comments on "May 21st - TSS"

 

Anonymous PENNY STOCK INVESTMENTS said ... (January 10, 2014 3:17 PM) : 

Some interesting well done moves.

 

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