Yucheng Technologies Limited (NASDAQ:YTEC)
CAPS Rating:
The Company provides Intellectual Technology solutions and services to the banking industry in China.
The Company provides Intellectual Technology solutions and services to the banking industry in China.
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Recs
I see growth to cont to be profitable under all market conditions for YTEC's IT development and POS growth. They may miss upcoming earnings due to POS growth (which will take ~2yrs to see a ROI) in which case hopefully the stock plummets and I can bet the farm on a profitable turnaround. I will start buying on 50C dips below $10 with an aim for adding 20% of my total invested at each dip.