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been following this stock for a little while and i think its going to run pretty good before the split on the 11th i think .50 will not be a problem we might see a dollar plus depending on what kind of prs come out everybody needs to look at this one hard
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There is no stock split, they elected to give a 'dividend' in the form of 1 share for every 5 shares. What should cause this stock to go up to over $ 2.00/sh soon though is when people wake up to their 2005 revenue projections. They expect to make $ 85 million in 2005. If they only pull off a 5 percent profit margin (which is very conservative), that's $ 4,250,000 net profit (and with 32,127,350 shares outstanding) that's over .13/sh net profit. At a conservative 10 x net profit price on the stock it's worth over $ 1.30/share. Do your own arithmatic and DD. Good Luck.
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I am not following this stock so don't go by my word. All I know is that around the time of a split, a stock will not trade. So if there is 0 volume, then something is going on (i.e., trading blocked).
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The new (post 6 for 5 split) symbole is TLNO. Volume is 865,000 (at the time of this post). Nothing is wrong with this stock, except it's undiscovered by good investment radar...Remember this company is projected to earn $ 85 million this year. It will probably net more per share than it costs right now..like I said in a previous post, PPS follows EPS. It will eventually get to at least 5 - 10 times earnings per share. (Just this accountant's opinion).
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