Industrial Services Of America (NASDAQ:IDSA)

We began tracking the IDSA story on February 8, 2010 @ $10.00.  On March 22, 2010 we coded IDSA as GeoSpecial @ $13.70 after the company reported strong fourth quarter results:

More importantly, the company issued huge first quarter guidance:

Based on actual results and projected trends, the Company said first quarter revenues for 2010 are expected to be in the range of $65 million to $75 million.

We are speculating that the quarter is in the bag as the guidance was issued in the final month of IDSA's first quarter.

The company reported first quarter 2009 EPS of $0.18 on $24.3 million in revenues.

A slight snag does exist:

• During the conference call the company issued wide full year 2010 net income guidance of $6.0 to $12.0 million. On the low end this only implies 14.0% growth.
  
• The company did not issue EPS guidance. Some investors may infer this to mean that the company may intend to offer shares at some point in 2010.

Source: Business Wire (March 22, 2010)