Great Trades

After WPCS reported great earnings today of .20 vs. .02 a year ago, and reiterated guidance of .58 for the year, the stock rallied over 24%. While I still like the company, I'm going to remove it from my list since it now trades at over 16 times earnings guidance, so it's not quite as cheap as it was before. It broke out to a new 52-week high today, so it could go quite a bit higher, but it's overbought short term so may pull back soon.

With today's gap up to the 20 area (over 21 premarket) and ensuing technical failure after allegations were raised on the conference call and some more questions were raised in yet another Bloomberg article (http://www.bloomberg.com/apps/news?pid=specialreport&sid=a90OZzPRlkaE&refer=news), I'm removing SFCC from my list. I may add it back after the issues are cleared up and the technicals look better.