Reddy Ice Holdings, Inc. (NYSE:FRZ)
The Company and its wholly-owned subsidiary, Reddy Ice Group, Inc., manufactures and distributes packaged ice products and bottled water and owns and operates refrigerated warehouses.
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Recs
4 Fallen Bevo picks that are based in US that have very high short interest and are currently above $1/share.
FRZ, SVNT, JRCC, PCBC
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Company has taken huge strides in reducing operating expenses. Executives and employees are buying, buying, buying the stock. What do they know that we don't? High season starts in May.
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Turnaround stock
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The market for FRZ is very stable. The stock has dropped too much, and I think they will recover more sooner than later
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Who likes hot ICED TEA ? I sure don't..
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WE CAN NOT LIVE WITH OUT
H20. FACT!
WITH THE NEW TALET TO THE BOARD,
PAID IN STOCKS,
WILL NOT RELEASE EST $ TO MSN,YAHO,ect..
GREAT TALET WILLING TO GET OFF A SIKKING SHIP,
MUERDERUK,STAB-FORWARD STANFORD...ect
YEAH I SAID IT, THE TRUTH.
SO, HOLD AND BE A MILLIONAR WITH ME.
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I loved it going up, but Mother Nature will now supplement her coolness and bring this down from outer space.. FROZEN WATER!!
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Poor news caused this stock to be oversold...........at under 8 this stock has been beaten up by momentum and i'm calling a bottom. Flat sales and 40% drop in earnings doesnt warrant price drop from 29.50 to 8. Sell when it hits 12
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The margins exceed the fuel costs.
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VERY COOL COMPANY
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There's a bid already in at a 10% premium, and a major shareholder is opposing it as "grossly inadequate."
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Reddy Ice Hldgs have been on a tear of late. P/E is too high @ 51.3 but others will follow on this hot growth stock. 5.5% yld provides an acceptable margin of safety.
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They dominate their market.
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Think about it -- they are selling the simplest product in the world .... frozen water... and charging several bucks for for a bag of it. If the business is run well (which this one is), it will do nothing less than generate excessive ammounts of cash.
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