Thomas Renna's  Instablog

Thomas Renna
Send Message
Since graduating Rutgers University (B.A.) in 1990, Tom has worked in the financial industry in various capacities. visit
My company:
Equities Research, LLC
  • A Stock Cramer Never Recommends 0 comments
    Mar 16, 2012 10:05 AM | about stocks: TST

    A Stock Cramer Never Recommends

    A Penny Stock that should be bought aggressively for the long term

    TheStreet, Inc. (NASDAQ: TST $1.94)

    TST stock is trading less than book value. It's very difficult in today's environment to find any stock that is not trading at a premium. Most of the market is higher than it was in October and finding discounted investments is nearly impossible.

    (Digital) Content Merger & Acquisition Activity.

    Advertising Industry Statistics

    TheStreet (NASDAQ:TST) year end stock prices

    • 2007 $15.92
    • 2008 $ 2.90
    • 2009 $ 2.40
    • 2010 $ 2.67
    • 2011 $ 1.68

    The stock has declined from 2007 highs due to declining sales, income and cash flow.
    (Stockdiagnostics charts: OPS 20q, OPS 5yr, FCF 20q, FCF 5yr, LTGR,GFNN)

    Fundamentals have declined over the last 5 years. Weakening fundamentals are nearly always avoided on the long side, but I find the shares attractive on the health of the company's balance sheet and the low Operational Cash Flow multiple the stock currently trades.

    • FY2011 Operational Cash Flow = $3,558,977.00 or $0.11/share

    The online financial information sector is here to stay and Thestreet is a pioneer in the space. I believe TheStreet will be acquired at some point at premium to it it's current cash value of $2.34.

    TheStreet, Inc Annual report

    TheStreet, Inc. Management Presentation

    I'm not sure if Cramer is allowed to tout this stock, but if he could, it would get a big United States Booo-Yaaa!

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: TST
Back To Thomas Renna's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • At $5 million market cap , this stock $SBID is attractive risk/reward
    Aug 15, 2016
  • $TITN pre announced FY2016 Q4 earnings After the Close. Expect EPS -($1.31) to miss Estimates of -($0.10)
    Mar 17, 2016
  • $FIT warning sends stock lower. Did $UA Overpay w $560 million purchases of MyPalFitness and Endomondo
    Feb 23, 2016
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.