Empire Resources, Inc. (NASDAQOTH:ERSO.PK)
The Company is engaged in the purchase, sale and distribution of aluminum semi-finished products to a diverse customer base located throughout the United States and Canada, Europe, Australia and New Zealand.
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Aluminum is on the rise due to strong demand from China -I don't know what is holding this stock back, but it is a bargin and eventually Wall Street will take notice.
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Way undervalued if they can maintain profitability
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Will give it another go. P/E of 10.09- pays 1.79% dividend? What am I missing?
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reversion to mean, low pe
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When you see where this stock has been you got to ask yourself what I'm thinking. I'm thinking in the $20s in the coming year.
Wild guess is they could be bought up in an M&A, but this is purely a wishful thinking on my part.
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Following TMFEldrehad's advice to red-thumb stocks.
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Its share price seems to reflecct the housing slump that everyone is talking about. This stock will do well once the housing straightens up.
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improving
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1) Extremely bullish on balance volume
2) MACD is giving all 3 bullish signs
3) strong momentum
4) business in expanding economies
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solid balance sheet, always paid a dividend, strategicaly placed in thier market
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The Company engaged in the purchase, sale and distribution of principally aluminum semi-finished products to a diverse customer base located throughout the United States and Canada, Europe, Australia and New Zealand.
Breaking out of 6 mo. basing pattern after huge runup in early 2006 then crash in May - back into normal uptrend showing positive volume - not much institutional coverage - p/e 12.89
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Metal sector turning around
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