Removing IDSA from the GeoSpeicial List
Catalyst: Strong 2010 fourth quarter and year end reusltsCurrent road block: Weak outlook for scrap metal prices. After two strong quarters of EPS growth the company had set back in Second Quarter 2011 which could carry into next few quarters because of scrap metal pricing.
We will keep watching the IDSA story. While this round was not as productive for us, we have logged in big gains in the past. Pleas see May 10, 2010 research note.
Current Price: $6.41Peak performance: Reached a high of $17.35 on August 18, 2010
Recycling
isa-inc.com