TeleCommunications Systems (TSYS)

Company

tsys(1)_1yr
TSYS 1-year chart

"TeleCommunication Systems, Inc. (TCS) is a leading provider of mission-critical wireless data solutions to government customers, public safety, and carriers. TCS produces wireless data communications technology solutions that require proven high levels of reliability. TCS' wireless data offerings include secure deployable communication systems and engineered satellite-based services; location-based wireless and VoIP Enhanced 9-1-1 services; messaging and location service infrastructure for wireless operators; and commercial location applications, like traffic and navigation, using the precise location of a wireless device." (company website)

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TSYS 6-month chart

Buy

I regretted that I sold an earlier lot of TSYS. It has continued its upward climb, even today on a generally dismal day on The Street. I decided to hop on for another ride.

  • Percentage price oscillator (PPO) — diverging again after pulling back near the signal line
  • Volume — many recent days of heavier than normal volume

Based on technical analysis, MarketEdge calls TSYS a "strong buy" in a "weak upward trend."

Sell

gain Bottom line
0%

As soon as I bought this lot of TSYS I realized I had paid too much. I have been waiting for the price to get back up high enough that I could unload the lot without a loss.

This lot is a wash, but it was a long time a-coming. In the interim, TSYS has traded as low as $8.11, which would have been a loss of nearly 20% had I been forced to sell.

I do still have another lot of TSYS that I bought later to bring down the average cost per share. The remaining lot is showing a tidy profit.