Mitec Telecom (MTM.H.TO) Buy, Sell or Hold

Mitec Telecom (MTM.H.TO)

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

0.00

-0.00 (0.00%)

4 watching

COMMENT

He personally owns it and has been very wrong on this firm. Brought in new management, which makes sense in terms of a turnaround. Have a fair amount of heavy slogging to do but seemed to be doing better quarter after quarter. Has a lot of potential, but any stock trading at this price has a lot of danger.

RISKY

It's a tough one, because it's going in steps. A sharp move up and then consolidate. If you see a lot of volume, when it's gradually climbing, buy in, and get out fast.

DON'T BUY

Not a very pleasant chart. The MACD is turning up, so he thinks it wants to rally. He would never buy a small cap in this kind of market.

DON'T BUY

Continues to face substantial challenges. Ranks in the bottom of his model. Too much capacity with the makers of electronic gear.

DON'T BUY

They are in the 10 to 15% bottom of their database. There are better opportunities elsewhere.

DON'T BUY

The company continues to struggle. They have had ongoing changes in management. Estimates have been chopped by 30%.

DON'T BUY

News has become worse and the stock is down about 10% today. At the bottom of his database. CEO has left and the CFO has temporarily taken his place. Earnings estimates declined by 60% in the last 90 days. Had a 15% negative earnings surprise. Expect to lose $0.06 at the year end of Apr/06.

BUY

DON'T BUY

Have lost money every year since 2000. They keep disappointing.

DON'T BUY

A levered play on the wireless side of life because Nortel and Ericsson are very substantial customers. Reducing their costs on production on many of their items. Ranks 691 in the database model which is the bottom 10%. Year over year sales are down 54% and earnings are even worse.

DON'T BUY

Their success is partly hinged on Nortel's wireless side. Not sure either one will get their act together. A low level product producer. Not a fan of management.

DON'T BUY

Starting to watch it again. Have a lot of problems.

BUY

Had a poor quarter. Their order flow dropped, but since then there has been a fairly large order announced and as we get closer to year end, there should be further announcements with an improvement in earnings.

BUY

Had a disappointing quarter last quarter. Feels they are back on track. Getting some new contracts. Relatively cheap.

PAST TOP PICK

(Past top pick Jan 15/04. Down 40%.) Dropped partly because it was levered to the success of Nortel and wireless. Ranks midpoint on the database. Working on interesting technology. Branching into the military side. A " show me" stock.

Showing 16 to 30 of 65 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Keith Richards

ValueTrend Wealth Management

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Rob Sechan, Managing Partner, New Edge Capital

New Edge Capital

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Mitec Telecom (MTM.H.TO)