TSEM broke a few minutes ago the 2 $ barrier on the NASDAQ. The company has almost completed the turnaround. RAMCO, a Tel Aviv investment house, was the first analyst to give a positive review on Tower's perpectives. Two weeks ago they published a new report, advising to sell, because consecutive dilutions have made the stock overvalued. The market value of Tower had arrived to 150 - 200 million dollars, which was more than the "real" value of the firm or the present value of its future earnings. I called the firm (Rahimi the son) and asked if they had some inside information to advise selling the stock. They had none. I didn't sell and now I am enjoying the (virtual) profits. Also Rothstein Warrant 2 is a success, today rised 36%. During the day there was a peak of 45%. Nice.
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