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Turkcell Iletisim (TKC) Message Board

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  • jcbrowns jcbrowns Dec 24, 2007 10:29 AM Flag

    Investors Business Daily

    I agree; however, I am going to stick with it. The fundamentals are just too good. Sooner or later the price will increase significantly. Good luck to you.

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    • I don't really understand why one would say the price needs to move up. I think it has moved along nicely. We should break out of this pennant and move higher but the longer we build a base here the stronger the breakout can be. I'd be slightly concerned if we dipped below the 50 ma but I think there would be very strong buying pressure.

      Fundamentals here are quite comparable to VIP. Both had ~$0.45 EPS last quarter. I think TKC will begin to catch up to VIP. I believe a strong rally will ensue if we can hold above $28 for a day or two. We break $30 we hit $35 quickly IMO.

 
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