The Company is a rapidly growing holding company with operations in two business segments: ferrous and non-ferrous scrap metal recycling, and fabrication of lead-based products.
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love the ticker- MEA. Bought in today with real $$ @ 1.87. See this trading back into the 2s at least, with $3/share a real possibility. Good industry. INSIDER BUYING @ 1.50, 1.62, 1.70
Pretty low gross margin on this one, which is expected due to the industry and is of no fault to MEA's management. I just don't see too much growth with this one but at the same time with a market cap trading at 5-6 times income I guess there isn't too much downside either.