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Bullboard - Stock Discussion Forum Turbo Power Systems Inc T.TPS

TSX:TPS - Post Discussion

Turbo Power Systems Inc > analysts predicting an increased appetite for TPS
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Post by Phonse47 on Jan 25, 2011 3:10pm

analysts predicting an increased appetite for TPS

Settlement as of 25/01/2011, at 5:45 p.m.

An idle session for Turbo Power Com Npv as it ends the day with a loss of 0.00%. The share got off to a difficult start at 0.9515, gapping below the previous session's range, but then rose noticeably during the day and recorded a last price of 1.025, close to the session high. A comparison of the security and the UK FTSE All Share index on a weekly basis shows the greater relative strength of Turbo Power Com Npv, confirming investor appetite for the security.

Status and Trend Analysis

The short-term technical picture for Turbo Power Com Npv shows an acceleration of the uptrend towards a target of 1.108. A possible decline to 0.8833 would represent a temporary correction and would not compromise the strength of the current trend. Expect an extension of the bullish trend line towards the 1.333 level.

Risk Analysis

Having deviated widely from its recent average price level, with daily volatility at 10.74, the Turbo Power Com Npv share bears all the hallmarks of a high-risk investment. It is therefore most suitable for investors who seek high gains and take the possibility of heavy losses into account. In this context, short-term trading is advisable, particularly in the light of intraday volume dropping to 50,000, against a volume moving average of 452,376 for the last month.

Comment by Micr1 on Jan 26, 2011 9:29am
I wonder why the activity on the London ex and not so much here... and why the huge difference in SP.  I'm a newbee investore here, maybee an educated one could answer both questions, would be appreciated!Micr1
Comment by Phonse47 on Jan 26, 2011 10:11am
welcome newbee. the london exchange is denominated in spence sterling. Have a look at a currency converter for comparing. Actually the activity on both exchanges has been increasing in volume. It is still a pretty low volume but definetly increasing. Good luck and Do your own dilligence!