6/08/2006

Why this stock is up 144% in 42 days



HSR, Hi-Shear technology Corp., is a stock which I have talked about a lot here. This is a stock which I own and bought it 42 days ago. It is up 144% since then.

This came on my high earning growth and price growth screen 42 days ago. The stock has a low float with just 6.7 million shares outstanding. It had a good quarter and reacted positively to earning acceleration.

This stock has been around since 1994 and has not attracted much attention till date. Such unknown companies are not on the radar of any analyst and when they are discovered by market they have a nice quick run. If this continues its run and goes to 15, the Investor Business Daily crowd will pile on as it might make the IBD top list.

No comments: