3SOF

ERS is behaving pretty nicely.  Volume dried up after the last run up while the stock lost minimally.  Needs to break 12.79..

Got the push, broke the 12.79 high from about a week ago and also broke 13.  Closed strong at 13.30, +1.07 (8.75%) on above average volume.

Broke downtrend line that started in may 06 going through the 16.90 high on the recent late Oct runup. 

I'm anticipating another big day tomorrow.  Considered selling 1/3 or so at the end of the day, but decided against it.  Kinda wish I did, but we'll see..

Sold half yesterday at 12.62 and half today at 12.16.  Combined gain about 4.6%.    Just didn't like the way it's acting...protect profit. 

Didn't really have any plan to begin with anyway, which is stupid.

ERS looking dangerous right now.  Could go either way.  Watch for break of the large triangle, but H&S suggests a bearish tone.

Watching ERS once again after very good earnings a few days ago. Empire has been a neglected stock long enough. We may finally be seeing a turnaround. If so, big money will take notice as they re-evaluate the company. A retest of last years highs would make this old man happy.

FORT LEE, N.J., May 15, 2007 /PRNewswire-FirstCall via COMTEX/ -- Empire Resources, Inc. (ERS), a distributor of value added, semi-finished aluminum products, today announced a 40% increase in revenues from $99,569,000 in the first quarter of 2006 to $139,841,000 for the first quarter of 2007. The Company also reported a 6% increase in gross profit from $7,927,000 in the first quarter of 2006 to $8,418,000 in the first quarter of 2007. The Company announced net income of $2,411,000 for the first quarter of 2007, compared to net income of $2,420,000 for the first quarter of 2006. Earnings per share on a fully diluted basis remained constant at $0.24 per share.

Empire Resources, Inc. is a distributor of a wide range of semi-finished aluminum products to customers in the transportation, automotive, housing, appliance and packaging industries in the U.S., Canada, Australia, New Zealand and Europe. It maintains supply contracts with aluminum mills in various parts of the world.

Reuters Report Below http://stocks.us.reuters.com/stocks/financialHighlights.asp?symbol=ERS&WTmodLOC=L2-LeftNav-15-Highlights