Tuesday, May 09, 2006

Cheap Stock on the Loose To the Upside

UFP Technologies (UFPT) is up almost 100% right now after it announced earning this monring that it surpassed earning estimate by 8 cents! WOW! Please tell me how many stocks can do that? Volume is over 2 millions as compared to the typical of less than 10K per trading day. It is a very tiny company with a lot of growth.

The high for the day was over 100% stood at $7.69 from $3.68 yesterday's close.

This company is in the packaging material industry. It serves various industries, such as medical, auto, military, etc. Or anything that requires packaging goods. Earning for the quarter is up a whopping 500% as compared to last year's quater.

Keep your eyes on this gem. Because it can be another (BOOM) in the making.

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