Profile: Industrial Services of America, Inc. (IDSA), a logistic management services company, offers waste and recycling management services to commercial, industrial, and logistic customers in the United States, Canada, Puerto Rico, and Mexico. The company operates in three segments: ISA Recycling, Computerized Waste Systems (CWS), and Waste Equipment Sales and Service (WESSCO)
Web Site: http://www.isa-inc.com
IDSA gave me a first technical alert last week, with a nice advance over increasing high volume. Last 2 sessions were a pullback, and today the stock is back in action again, this time with even more volume and price breakout.
Technically, this is a bullish reversal pattern, on a stock with lots of upside potential. The ultimate trigger would be a breakout of the $7.50 level.
The fundamentals also look attractive...
I expect this stock to continue the move that just started during the next sessions, I also expect a breakout of the $7.50 at any time, opening the way to my short term target near the $9 level.
We've just bought IDSA for the 3 Stocks Portfolio @ $6.25.
(This recommendation was made by Frederick Ramsburg from 3 Stocks on Fire, and he will update this analysis everyday after the close until he sells the stock. The 3 Stocks on Fire Portfolio is up 148% since inception on 28th of April 2005 (http://www.3stocksonfire.org/3stocksonfire.php). 3 Stocks on Fire is a Community of stock traders and investors. Our 3335 members exchange trading ideas and strategies on our message boards everyday. We welcome you as a new member of the 3 Stocks on Fire Community, please take 10 seconds to register (http://www.3stocksonfire.org/trading/index.php?action=register) and receive our free newsletter)
best regards,
Here is the longer term chart from the IDSA board topic
(http://xs45.xs.to/pics/05363/0709idsa.jpg)
Im in, but I must appologize, as soon as I got in, it stoped it amazing trend up. Is the direct selling by its insiders a negative signal at all?
Quote from: metro on September 07, 2005, 12:15:52 PM
Here is the longer term chart from the IDSA board topic
Thanks for your input metro.
It's true, today theres also a breakout on the semi-log scale chart.
best regards,
Quote from: puenthouse on September 07, 2005, 01:04:55 PM
Im in, but I must appologize, as soon as I got in, it stoped it amazing trend up. Is the direct selling by its insiders a negative signal at all?
Hi puente,
I don't think so... when insiders are selling and the stock refuses to drop its a bull signal...
The intraday volatility is very high... I've not bought this stock for a small gain, I've bought momentum, and I'll sell once the momentum is over or near my target.
best regards,
good pick ! ;D
What is your sell target?
Quote from: Prfsr Hal on September 07, 2005, 06:11:58 PM
What is your sell target?
QuoteI expect this stock to continue the move that just started during the next sessions, I also expect a breakout of the $7.50 at any time, opening the way to my short term target near the $9 level.
Quote from: Amarens on September 08, 2005, 09:04:21 AM
Quote from: Prfsr Hal on September 07, 2005, 06:11:58 PM
What is your sell target?
QuoteI expect this stock to continue the move that just started during the next sessions, I also expect a breakout of the $7.50 at any time, opening the way to my short term target near the $9 level.
Thanks Amarens ;)
Industrial Services Of America, Inc. Aids In Hurricane Katrina's Efforts With Client Services And DonationThursday September 8, 12:37 pm ET
http://biz.yahoo.com/bw/050908/85622.html?.v=1
LOUISVILLE, Ky.--(BUSINESS WIRE)--Sept. 8, 2005--Industrial Services of America, Inc. (NASDAQ:
IDSA - News), a leading provider of logistics management services, equipment and processes for waste, recyclable commodities and other materials, operating from a command center in Louisville, Kentucky, is arranging waste, recycling and Port-O-Let service for its' clients in the areas affected by Hurricane Katrina. ISA's logistical services division, Computerized Waste Systems (CWS), is utilizing as many of its' 2,300 service providers as needed to provide service and meet the immediate needs of ISA clients.
Harry Kletter, Chairman and Chief Executive Officer, visited the affected areas to view the devastation and meet with CWS clients and service providers. In response to the trip, Mr. Kletter made the following statement: "The devastation is incredible and will need special attention for months, maybe years. ISA has increased manpower and purchased additional equipment to provide service to our clients. Our service providers are servicing our client locations where other companies cannot."
ISA has also established a fund to provide relief to people in the affected areas. ISA will donate $1 per ton for all ferrous and $ .01 per pound for all non-ferrous scrap material purchased in the month of September. The company is dedicated to providing the best possible support and service for its' many clients and service providers in the disaster area.
Industrial Services of America, Inc., is a Louisville, Ky.-based logistics management services company servicing commercial, industrial and logistics customers nationwide. Industrial Services of America, Inc. provides scrap processing, waste and recycling management services, and equipment sales and service. Industrial Services of America, Inc. also actively participates in international markets, exporting non-ferrous metals and other recyclable materials. Additional information is available at www.isa-inc.com.
Contact:
Industrial Services of America Inc., Louisville
Michael Shannonhouse or Ron Kletter, 502-366-3452
[email protected]
[email protected]
Looks like IDSA is a major player for providing services for the heavily damaged areas in LA. I see this as a plus. Do you see the market having a positive outlook for the company cosnidering their role? I just got in today, i hope for the best for the people there and good luck for everyone in IDSA
Any TA on IDSA today?
Sorry for this late update guys.
After our purchase, IDSA went above $7 with extremely high volume, but the short term situation went a bit overbought and IDSA had to pullback a bit.
I see this retraction in price on a good way, a few days ago during the first push, IDSA did exactly the same thing, which is a common pattern in this kind of advances.
So momentum didn't stop, in my opinion is gaining the strength for a new and higher advance.
I'll be using $5.80 as a stop level, and I'll stay with my primary price target @ the $9.00 / $9.50 zone.
Intraday volatility is being very high, and I expect it to keep on that way.
Best regards,
High volatility on decreasing volume...
IDSA needs to take off real quick, otherwise momentum goes away and I have to drop this position.
A close below $5.80 will be my exit signal.
best regards,
Just recently started with 3 stocks and pennies on fire.
First three close outs for me
oxfv - 62.07%
nwre -1.40%
idsa -10.72%
:o
I think I am on fire.
Curwood ;D
Coolwood
hang in. Probably it can't get worse.
Dear CoolWood, Well I think it can 'always' get worse then one think.
In gold old days I had huge losses accumulating on some of my positions when I gave room to my loosers. Not anymore. I sell when I have stock reaching my pain threshhold level. Which is at the moment 10%. I dont have any suggestion on your holding but I myself sold half of my portfolio today, including NWRE [at break even].
The bottomline is 'capital preservation' to stay in the game.
Goodluck.
Sold IDSA @ $5.70
Reason: Closed below $5.80 yesterday
Hello there Im new to the board and love this service, I plan on making a donation after I am back in the black. I have previously purchased a few other stocks recommended on this board and was near break even.
Unfortunatly, I did not sell this stock in time and planned on holding it into next week
However after 6 pm e.t. The stock plumented roughly 40% in after hours on panic selling when Home Depot announced that they will allow IDSA contract to expire on Oct 31st.
On the yahoo boards some say that this could actually be good for IDSA in the long run since they are a waste disposal company they can pursue contracts related to the Cleanup from Katrina.
Perhaps the stock will get bid up before the opening bell. If not then I will sell half of my position for a hefty loss and buy back in if it goes much lower.
This could be a fantastic buying opportunity on Monday.
Anyways Yall are the best, I will subscribe if I don't get my donation in by Halloween.
Keep up the good work.
After hours today reached a low of $3.00...I dodged the bullet by never buying this stock...In their quarterly report dated 8/4/05,they warned that more than half their revenue was derived from the Home Depot contract... :o
Quote from: keepsavi on September 16, 2005, 06:59:12 PM
On the yahoo boards some say that this could actually be good for IDSA in the long run since they are a waste disposal company they can pursue contracts related to the Cleanup from Katrina.
Perhaps the stock will get bid up before the opening bell.
I'll cut you a great deal on a 1,000 shares right now- And then let's talk about this Bridge I own :P
Damn..... I really liked this as a "hurricane play" too.
If HD ccounted for 50% of their revs, then I'm thinking the market will value this at 50% of it's close (or less) - I'll call $2.40 the floor for Monday - maybe worse.
Keepsavi, hope should not be part of the equation in a stock transaction! Never!
Believe me, most of us have hoped away a lot of $$$. It's no good.
I don't know enough about IDSA to figure how likely they'd be to get a Katrina contract, but as you own the stock, you should do some real research this weekend to figure what you can about this company's prospects, and sell accordingly. If you think it's going lower, why sell only half? If you think this company can bring your money back, and want to "keep it on the radar" then keep ONE share. If that share moves to your liking, then it's just as easy to buy the whole position back as it is to buy half.
I believe waste disposal is a seven-day-a-week business, in your position I would try calling them Saturday, though you probably won't find a company officer available, talk to whoever answers, you never know.
I have over a 51% loss on idsa since I did not buy at 6.25 but I'm in at 6.60. Since I'm new to 3sof I guess I took Frederick Ramsburg literally. I"ve reread his post again and it does say we had a good chance for 7.50 to 9.00. I was unabe to sell when he did so now I too am wondering what to do. My loss is great so any information would be appreciated. Thanks!!
to hedge against my impending loss I will consider using a possible straddle option strategy where you will make profits as the volitility increases. This should be one of the most volitile stocks on the market in the coming month as contracts for the hurricane cleanup are awarded.
Quote from: stockgranny on September 17, 2005, 06:08:50 PM
I have over a 51% loss on idsa since I did not buy at 6.25 but I'm in at 6.60.
:(
Thanks Keepsavi, but I am not smart enough to do options but appreciate your advice. I'll see what happens this week but I have learned a lesson from this.
Good luck to you too.
Looks like support at 3.5 and resistance at 4.5, until we get some news
Dear Stock Granny hope you havnt sold we had another +10 move in after hours cutting our expected losses from the original 40 to 20% , I havn't sold yet or done the options but for now I will wait and then sell some to limit my eposure. In the next month I still think that this stock will go much higher then much lower then much higher then possibly lower so get your exit strategy ready. This could be a good opportunity but it's not for the faint of heart
best of luck
oh, and it got sold.....
:)
IDSA up 15% in PreM after ER.
up
Quote from: miris on April 25, 2007, 04:15:15 PM
up
Somebody made a quick double in a few weeks on that one. Unfortunately it wasn't me :-\
I guess it is time to dig this one up again. It had a great move crushing 15 on Friday. The future looks bright for this one. Thinking green is the thought of the moment.
Made it's IBD 100 debut this weekend at 43. I hope it can stay above 15 now.
IDSA is consolidating sideways at the present. The next move should be as holders prepare for the dividend payout to 15June holders. In from $15.99
Someone on the Yahoo Forums posted an interesting evaluation on IDSA I thought might be worthy of our consideration (http://tinyurl.com/2nqkfc) :
here is a DD by someone on SIF. a potential triple in a few months.
Here are the specific reasons SIF is a compelling investment at these price levels:
1) EARNINGS: $.57 EPS from continuing operations last quarter or about $2.3 PER SHARE ANNUALIZED.
2) RECORD BACKLOG: Backlog increased 10% last quarter to RECORD $81 MM.
3) HUGE DISCOUNT TO SECTOR: Based on $2.3 Forward EPS, SIF trades at 9 forward PE compared to 25 Sector average.
IF SIF TRADED AT SECTOR PE IT WOULD BE A $60 STOCK.
http://finance.yahoo.com/q/co?s=SIF
4) TINY FLOAT: 2.8 MM float 48% owned by institutions- "available" float is 1.4 MM shares.
5) $5 PER SHARE LIQUID ASSETS: After Trubine divison sale, SIF will have $27 MM net working capital or $5 PER SHARE with no significant debt. That means the market is valuing SIF non cash assets at $13, or about 6 X forward earnings, an INSANE VALUATION in view of the 25 sector average PE.
6) EXPOSURE: Many new investors will become aware of SIF with exposure on the new 52 week high lists. Also, expect SIF to debut in the IBD Top 100 list with a very high ranking shortly- The IBD list has a very large following.
In summary, SIF has all the ingredients for rapid price appreciation: A low float stock in a robust sector with large institutional ownership tarding at a huge discount to its peers.
update