Tri-Tech Holding (TRIT) has really struggled since their last earnings report when the stock gapped up with heavy volume after beating estimates. It’s been all downhill from there, much of that the result of a secondary offering. Missing revenue estimates this morning isn’t helping. The stock was off another 20% around the lows today, but is holding what appears to be decent support around the $10 level.

The quarter over quarter growth was excellent though and I still think this stock is going to offer one heck of an entry point once it stabilizes. Its Q1 EPS of $0.15, matched the analyst estimate of $0.15, but revenues fell shy of the analyst estimate $6.3 million at $4.2 million. Despite the revenue miss, it was still a 50% increase over the year ago quarter.