Posted On: 02/14/2014 7:35:11 AM
Post# of 74540
with the bid suddenly going over 1 billion, im wondering if the company is attempting a pump and dump. lots of accumulation, here and sometimes its a bad thing especially with a recent R/S I know the per ton price of Iron is on the rise, as i also deal in recyclable metals, and have watched steel and tin steadily climb the last couple of months. metals are a great alternative and hedge against inflation so i would consider that this company may, if it hits a good site for iron, take off.
Phone: 201-788-3785
this is the phone number for their office in new jersey, i dont know if they would be there due to the storm, but it is always worth a try to call them.
the share structure is tiny, only 7.7 million shares in the o/s but they just did a r/s in november of 2013.
http://performance.morningstar.com/stock/perf...ture=en-us
with that bid, a couple days ago, i would think that the company is gonna try and run this. them or the mms. it may be worth the run if you can beat them to the exit.
Phone: 201-788-3785
this is the phone number for their office in new jersey, i dont know if they would be there due to the storm, but it is always worth a try to call them.
the share structure is tiny, only 7.7 million shares in the o/s but they just did a r/s in november of 2013.
http://performance.morningstar.com/stock/perf...ture=en-us
with that bid, a couple days ago, i would think that the company is gonna try and run this. them or the mms. it may be worth the run if you can beat them to the exit.
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