Friday, December 20, 2013

TSEM surpasses my expectations

In March this year I wrote that the shares were a good buy at around $1 and they then went up to $2. Today they shares doubled before the open on news that TSEM has done a very exciting deal with Panasonic. They now trade at $7. So if you had bought on my advice at $1 you would now be sitting on a seven bagger in less than 1 year. The thing is that TSEM is good at what they do and Panasonic recognized that. The shares should be doubled again but I doubt they will. Still its nice to see a prediction fulfilled beyond ones expectations.

No comments:

Post a Comment

Please leave me any comments. I look forward to replying.