Pick of the Day

My new big pick is TPAC

I don't like doing big picks back to back, but TPAC had a sudden volume surge end of day and looks like it may test recent highs.

If it breaks the high, it may go higher!!

TPAC had a very nice 1 month rally and looks like it's starting to resume its uptrend after a recent dip.

View chart here: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=tpac&sid=0&o_symb=tpac&freq=1&time=4

TPAC can be considered a China play.

"China is one of the world's most significant emerging markets for business jet aircraft," said Bill McKay, Trans-Pacific Aerospace CEO, "with China already in the process of building 97 new airports to accommodate the specialized ground handling and terminal facilities that corporate customers demand."

TPAC is an aerospace company with a specific product that is used to build planes.

They have recently entered China, and will be the only company there making this niche part.

Post-qualification, Trans-Pacific Aerospace would be the only company in China qualified to make SAE-AS81820, SAE-AS81934 and SAE-AS81935 spherical bearings, bushings and rod end bearings that are used throughout commercial aircraft produced by manufacturers like Airbus and Boeing."

TPAC announced that it has acquired a 25% ownership interest in Godfrey (China) Limited, a Hong Kong corporation, in exchange for its technology used for the design and production of SAE-AS81820, 81934 and 81935 self-lubricated spherical bearings.

Godfrey Ltd. (of which Trans-Pacific owns 25%) has opened a production facility, with assembly machinery and equipment in place, in China. The facility is located in Zhongshan, Guangdong.

TPAC makes a very important and specific product, so this makes them a very unique and needed company.

The component parts are referred to as self-lubricating spherical bearings and they help with several flight critical tasks.

Through the acquisition of the Harbin Aerospace Company, LLC., the Company enters the aerospace and defense industry, one of the fastest and most promising industries, with substantial revenues and growth opportunities.

Do your research on TPAC quickly by reading through all their news. If it is resuming it's uptrend the move may be fast. Always do your research and consult with your own financial professional.



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