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WSCI! Stock is Our Next Company Pick! NanoCap Gems Update
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Monday, 12 November 2007
The markets are undergoing a major correction right now, which is why we think it’s a great time to be considering moving in.  Yes, hard to believe, but with the doom and gloom of the housing crunch, credit issues, oil going crazy, the dollar declining, and woe’s about a coming recession, the gloomy picture is now approaching fear, which of course means buy.
We are now offering our next pick, that we firmly believe is one of the best run companies out there, with a market cap of less than 50 million:
COMPANY: WSI Industries  TICKER: WSCI   This was offered on our watch recently, and with the on-going correction, has now come off its high water mark of $7.40, and is around its 200 DMA, of $5.13.  Anything under the price of 5 dollars is a great price.* Here’s what will be posted on our website
 
DESCRIPTION:   WSI Industries, Inc. engages in the precision contract metal machining business in the United States. It offers metal components in medium to high volumes requiring tolerances in accordance with customer specifications. WSI Industries offers its products and services primarily to the aerospace/avionics/defense industries, recreational vehicles markets, and computer components and bioscience industries. The company was incorporated in 1950 and is headquartered in Monticello, Minnesota. (yahoo)
 

COMMENTARY:  WSI Industries, Inc WSCI is sitting at its 200 DMA, of $5.13, and is a great price to enter below 5 dollars.   


On October 23, 2007, this company reported a net increase in earning of 30% percent.  Here is what J. Pudil, president and chief executive officer, commented recently: “Fiscal 2007 closed on several positive notes. First, our fiscal third and fourth quarters both finished with sales in excess of $5 million each, which equates to an approximately $20 million annualized rate.

In addition to that, our new business in the energy field continued its dynamic growth with $1.4 million in sales in our fiscal fourth quarter. With the growth, we were able to increase our bottom line by 48% in the quarter.” Pudil went on to say: “As disclosed on October 17, 2007, we expect our energy business to continue its rapid growth with estimated sales of $10 million to $11 million in fiscal 2008.

With the addition of this business, we have made substantial progress with our stated goal of diversifying our business base. Overall, we are confident with all parts of our business and we are anticipating that fiscal 2008 will be a year of solid sales and earnings growth.  
 
With comments like this, a positive cash flow, and a company that even includes a dividend, this is one of the better companies sitting under 50 million dollar market cap, with tremendous upside potential.  This last correction from $7.40 has resulted in a gift for the investor, and the time is now to get in with this company , with a target approaching 10 dollars over the next 12 months!  
We believe the upside of this company is tremendous, especially with their venture into aerospace.   
Good luck!
Source : NanoCap Gems This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
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