FSYS – Another buy

Bought some more FSYS today near the close at the lows of the day.  It seems to me that yesterday and today’s moves more or less cancelled each other out.  Therefore the stock is still in a general upward move. It has moved on good price and volume action over the last month, and I think that trend will continue.  Even more importantly it fits my rule about being a company that could have “unchecked optimism.”  It’s growing very quickly and offers a service that may have unlimited demand in the high fuel price environment we’re currently in.  Their products basically allow for more widespread use of alternative fuels in conventional products, especially the combustion engine.  Local Govt’s seem to be big customers of theirs, loading up on these converters so that they can use natural gas to power their fleets of trucks etc, not to mention to power mass transit.  There’s no limit to the upside of what their product could do in a world with expensive fuel, so as long as oil is high this stock should continue to climb.

Buy avg: 35

Stop: 30

More data from finviz.com

financial highlights | statements

Index	-	P/E	55.56	EPS (ttm)	0.71	Insider Own	20.94%	Shs Outstand	15.56M	Perf Week	15.83%
Market Cap	613.84M	Forward P/E	35.22	EPS next Y	1.12	Insider Trans	-	Shs Float	12.30M	Perf Month	50.92%
Employees	1002	PEG	-	EPS next Q	0.23	Inst Own	49.30%	Short Float	1.37%	Perf Quarter	231.79%
Sales	305.10M	P/S	2.01	EPS this Y	-17.29%	Inst Trans	-7.81%	Short Ratio	0.60	Perf Half Y	140.26%
Book/sh	9.69	P/B	4.07	EPS next Y	17.89%	ROA	5.33%	Recom	2.00	Perf Year	157.34%
Cash/sh	1.92	P/FCF	25.47	EPS next 5Y	-	ROE	8.37%	Target Price	25.25	Volatility W	6.41%
Dividend	-	Quick Ratio	1.07	EPS past 5Y	28.03%	ROI	8.48%	52w Range	9.80 – 41.90	Volatility M	5.73%
Dividend %	-	Current Ratio	1.81	Sales Q/Q	72.52%	Gross Margin	25.51%	Rel Volume	3.99	Prev Close	39.45
Optionable	Yes	Debt/Eq	0.12	EPS Q/Q	510.07%	Oper. Margin	9.47%	Avg Volume	280.34K	Price	35.01
Shortable	Yes	LT Debt/Eq	0.06	Earnings	Aug 05	Profit Margin	4.24%	Volume	1,117,986	Change	-11.25%