StocksForLimits (< 20)

KOPN gets the Green check mark ....

January 14, 2011 – Comments (0) | RELATED TICKERS: KOPN , REDF , BYD

I gave the green thumb to KOPN on Dec. 29th based on the chart, recently announced buyback and no long-term debt.

After further thought, I just gave this pick a Top Pick green light.  The way I see it, not only does it have a decent looking chart, plenty of cash and no debt (from 12/9 PR ... "With $110 million in cash and equivalents as of September 25, 2010, and no long-term debt ..."), but when you add in the $15 million buyback and the recently announced accretive acquisition of FDD .... I would expect earnings to grow nicely in coming quarters.

I intend to add to my position on pullbacks.