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Trading Ideas: TransAct Technology (TACT) Single-Digit Stock, But Not For Long |
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| May 20, 2008 06:59 PM UTC |
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Analyst
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Via The Correct Call:
TransAct Technologies (TACT) Incorporated engages in the design, development, assembly, and marketing of transaction printers and printer-related services, supplies, and spare parts. It offers transaction printers under the Epic and Ithaca brand names.
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TACT looks like a good investment however... Her predicted 52 week high is $11 and she now sits around 13. Time to buy in was back around 3.58 Wait for a pullback. I don't expect a major one but $9 looks good. |
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Follow up on my previous post. TACT is well bellow 9 now. Hold LT and you should be rewarded. Trading volume is very low right now. Companies are cutting back on expense. When the economy turns around so should TACT. |
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