Finally, it looks like the stock is set to rally alot higher - 6/1/07
It looks like today, June 1st, is the day that 21st Century Holding Co.(TCHC) has its long anticipated rally.
Most everyone has been expecting TCHC to rally strongly higher, but they did not know when the big guys designated the rally to happen.
Well, it looks like this first day of June, 2007 is the day!
Those who are in, enjoy the ride. Those who are day-trading, enjoy the run-up. Hedge funds and MM's, it looks like TCHC's volume will be strong today, and TCHC will be very actively traded. TCHC is going alot higher on higher volume and higher prices! ===== Take a look at these positive views - TCHC - 21st Century Holding Co.
"TCHC = good growth going forward"
"After recent price decline, this stock is on sale"
"Excellent reward/risk ratio!"
"Good valuation, good time to buy, seems like a good well-run company!"
"Good results should weather any storms this season"
"Great company ---- low p/e ---- Likely a take-over candidate"
"Good enough for my money"
"TCHC-a solid company with good management selling at a good discount to the overall market"
"There is no doubt that TCHC is oversold."
"Need to be bought now and held for a double"
"I'm buying TCHC" ===== TCHC pays a regular, great dividend. The dividend payout is 72 cents/share, and according to the company, the dividend payout should continue into the forseeable future! The total float for TCHC is just 6.46 million shares.
The CEO stated, during the recent CC presentation, that TCHC expects to declare an additional "bonus dividend" on top of its regular dividend ("to be paid out later this year").
It's been said that 21st Century Holding Company's CEO is "extremely experienced, bright, and aggressive" and can be expected to do something dramatic to boost up the share price of TCHC, and very soon, they add." Very recently the company announced a stock buy-back program. TCHC plans to buy back $5 million worth of its shares in the open market. That usually indicates that the company thinks that its stock is under-valued.
The share price of TCHC recently dropped from over $20.00/share, after there was a transfer of $4.4 million to TCHC's reserves column, in house. The money is still there on their books, just not declared as "regular earnings" - but the $4.4 M. is right there on their books now.
People in the know realize that TCHC is in a tremendous over-sold position now. The vacuum will be filled. Investors are anticipating that TCHC will rally on 6/1//07.
There are some new earning figures that are expected to be released by the company in June, 2007. These new figures could have 'a very positive impact' on the earnings outlook for TCHC now and for next two quarters.
There are rumors of a possible attempt to take TCHC private in the next few months at $14/share to $18/share.
Finally, look at the earnings estimates (Yahoo -Finance).
TCHC Earnings Estimates look very good, very positive, very impressive!
"Our management team and I believe that the company remains strong and well positioned for future growth and profitability," said Edward J. Lawson, chairman, CEO and president.