3SOF

Quote from: soxguy on April 19, 2007, 09:17:10 AM
The bid is $6.00. Get in at the bell or wait and see?

My analysis says IEAM is an 18-bagger.  Who cares about $0.20?

Cool.

i bought more... I still hold a significant position, I bought at around $3 during last year two days sell off.... I think it could see $8 in coming weeks

The real fun will begin when trades take place on Nasdaq.  Institutions (hedge funds) often buy on margin and margin funds are not typically available for OTCBB stocks.  I anticipate some heavy institutional buying next week. 

chart set up is improving, will hold IEAM as long term investment now 

Would have been nice to buy weakness by locating nearest support when RSI(2) gave a signal to buy.
5.50 just came from the lowest line of the linear regression too.
IEAM may be a momentum play now.
Will keep this on my Stalk list for tommorow.

How is the acquisition negative?  It's only $350,000.  Even with an all share transaction, that's what 70,000 shares.

Nasdaq is huge, huge, huge.  I'm clearing out the account and going all in.
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all in buddjas1? well I have bought just 10% of my total invested capital but again the facts summarized by focus and you are just 

Let me summarize the most important facts again,(please don´t forget the huge insider buying  ):

countdown is running..... 

I think ieam is on nasdaq this morning.

Industrial Enterprises of America to Begin Trading on NASDAQ Today
Tuesday April 24, 9:36 am ET

NEW YORK--(BUSINESS WIRE)--Industrial Enterprises of America, Inc. (NASDAQ: IEAM - News), a specialty automotive aftermarket supplier, announced that it will begin trading on The Nasdaq Capital Market today under the symbol IEAM.

"We are very proud of this achievement and look forward to the enhanced liquidity that trading on the Nasdaq will afford," stated John Mazzuto, Chief Executive Officer.

IEAM: Short Interest UP 71.9% to 418.9K in Apr 2007
Tuesday , April 24, 2007 18:07ET

According to new short interest data from OTCBB.com, short interest for Industrial Enterprises of America Incorporated (NasdaqSC: IEAM) INCREASED 71.9% to 418,920 shares for the month ended mid-April, 2007.

SYMBOL         MARCH           APRIL          CHANGE       %CHANGE  DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
IEAM             243,698         418,920        +175,222       +71.90%           3

Based on IEAM's 20-day average daily share volume of 167,121, it would require approximately 3 day(s) of buying to cover this short interest.

chart generally positive, MACD crossing

Quote from: la-onda on April 20, 2007, 10:40:33 PM

all in buddjas1?

Getting there.  I sold my SILC and will likely put that into IEAM.  I still own CIMT, which I'll hold onto for awhile.  I still own some MSI, as well, because I'm carrying a loss there. 

Things are looking great with IEAM.  Not long until earnings release (I suppose May 15). 

I picked up about 3000 shares at a net cost of about $6.10.

Insiders and Pike Capital are in at about $6 so I think they will keep it about that amount.  Long term this seems like a fundamentally good company. It may take awhile before it hits radar screens. Maybe after IEAM starts turning in a profit (32 - 34 cents this quarter and about 50 cents next quarter).

up we go; have a nice weekend

IEAM getting some love this morning. On no news either.