STCC .25 on radar. yesterday was the first day of
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STCC .25 on radar. yesterday was the first day of issue of this stock. Nice company that is profitable and has 6 million in revs annually. They went public to acquire other companies just like them. With an acquisition they will increases revs to 15 million annually and then look for an uplisting to the AMEX or Nasdaq.
The PP before yesterday was at .30 so shares at .25 are certainly a bargain.
http://www.sterlingconsolidated.com/
Sterling Consolidated Corp., through its wholly-owned subsidiary, Sterling Seal and Supply has been a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace for more than 40 years. Through a combination of leveraging its logistical expertise and sophisticated, experienced management, the company intends to be an active and strategic consolidator of small- and mid-sized businesses within the highly-fragmented, multi-billion dollar seal industry. Currently serving more than 3,000 customers, Sterling offers acquisition targets a unique growth opportunity and competitive advantage through logistical expertise, strong regional branding and industry-specific distribution centers.
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