Telestone Technologies Corp (NASDAQ:TSTC)

CAPS Rating: 2 out of 5

The Company designs and sells to its customers electronic equipment used to provide wireless communications coverage.

Recs

0
Player Avatar MKArch (99.69) Submitted: 1/13/2011 5:14:04 PM : Underperform Start Price: $8.87 TSTC Score: +10.43

http://www.zerohedge.com/article/telestone-technologies-tstc-rino-sheeps-clothing

Looks like this once tiny gem turned out to be cubic zirconia. I had to do a 180 and close out my mildly underwater green thumb and add a red. Despite impressive revenue and earnings growth the company actually has negative cash flow for it's entire public life and accounts receivable has grown to 30% more than TTM revenues. There's plenty more to cringe about in the articled linked above. I'm not sure how to set up another portfolio and don't have the energy but you could probably shoot to the top of CAPS pretty quickly setting up a portfolio of red thumbed Chinese reverse mergers.

Featured Broker Partners


Advertisement