Wednesday, May 12, 2010

TNXI - Earnings To Be Released Tomorrow.


One of the Guru's buy and hold's releases its earnings tomorrow. Last earnings release TNXI went from $.05 to $.15 a share. I am hoping for another blow out quarter, which we may get. Just bear in mind last quarter's numbers were helped by some accounting perks, which bumped the EPS higher than it should have been. The over all growth and positive trends of the company aren't represented by merely one number.

My point is if the EPS doesn't come in at $.04 like last quarter and instead comes in at $.01 or even a loss, I wouldn't think that makes this stock any less of a buy then it was last quarter. The time to be buying these stocks is while they are growing. By the time they are posting big profits the stock has already been bought up by the investor community. That is what makes penny stock investing so fun. You are a speculator, one that is looking for the next big stock. TNXI looks to be one of those stocks and the earnings release tomorrow should provide more evidence of that.

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