posted
stocktrader22, you're kind of a spaz, aren't you?
First you "flip" it for a 1% gain, then buy back in higher, then claim you're holding it long term but seem to get anxious when it pulls back a bit and excited when it starts going back up.
Geez man, relax Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Yes sir....we see anything like Friday...and we may be near $5 by EOD.
Too many good things going for it right now. If you read my long long prior post from the weekend you will see that the CEO is predicting large revenues with over $1 for the year in EPS. Put a normal P/E of 15 on that, and this is a $15 stock.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by stocktrader22: Yes sir....we see anything like Friday...and we may be near $5 by EOD.
Too many good things going for it right now. If you read my long long prior post from the weekend you will see that the CEO is predicting large revenues with over $1 for the year in EPS. Put a normal P/E of 15 on that, and this is a $15 stock.
Yes I did read that post stock, it was very helpful in showing the big picture. Thanks for your efforts!
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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posted
Wow!! I'm lovin this... got in a 3.15 yest...added 3.95 this morn..im tempted to add more
good find guys!! $$$$$$$
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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Industrial Enterprises of America Announces Share Repurchase Program
NEW YORK, Dec. 11, 2006 (PRIME NEWSWIRE) -- Industrial Enterprises of America, Inc. (OTCBB:IEAM) a specialty automotive aftermarket supplier, today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its common stock and equity-related securities, including convertible debentures and warrants, over the next nine months. The Company plans to utilize existing cash reserves and ongoing free cash flow to finance the share repurchases.
The share repurchases will occur through open market purchases, privately negotiated transactions and/or transactions structured through investment banking institutions as permitted by securities laws and other legal requirements. Market conditions will influence the timing of the buyback and the number of shares repurchased. The program allows the company to repurchase its shares at its discretion.
"Today's announcement reflects Industrial Enterprises' positive cash-flow outlook and our commitment to shareholder value," stated John Mazzuto, Chief Executive Officer of Industrial Enterprises of America. "Given our recent share price, we believe that a stock repurchase program represents an excellent investment for our shareholders."
About Industrial Enterprises of America, Inc.
Industrial Enterprises of America, Inc., headquartered in New York, NY, is an automotive aftermarket supplier that specializes in the sale of anti-freeze, auto fluids, and other automotive additives & chemicals. The company has distinct proprietary brands that collectively serve the retail, professional, and discount automotive aftermarket channels
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Can someone send an email to the email address in the PR for their investors relations asking them if they still expect to be listed and approved on nasdaq soon? They told me the delay up to now has been the annual and quarterly filing issue, but it seems that has been solved
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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