Cheap Stocks

We focus on undervalued small-cap stocks. Usually with a large cash cushion. We have developed a valuation formula that has been highly successful, especially on small tech stocks. Since 2006, we have closed out 49 stock positions with an average gain of 37%. 9 stocks have been taken over.

Thursday, February 01, 2007

RiT Technologies

RITT announced Q4 results also this morning. Sales up 17% over last quarter, were slightly profitable, gross margins increased from 50% to 54% and have $.44 of cash per share.
Valuation moved up 25% to $3.36 a share from the previous $2.69. Based on yesterdays closing price, of $1.40, we are up 40% on this one. HOLD, this could be good.

posted by Cheap Stock Investor | 5:48 AM

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