IDSA

[Ramsburg]

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. 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 and receive our free newsletter)

best regards,

[metro]

Here is the longer term chart from the IDSA board topic

[puenthouse]

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?

[Ramsburg]

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,

[Ramsburg]

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,

[nofear]

good pick ! 

[Prfsr Hal]

What is your sell target?

[Amarens]

What is your sell target?

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.

[Ramsburg]

What is your sell target?

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.

Thanks Amarens

[Ramsburg]

Industrial Services Of America, Inc. Aids In Hurricane Katrina's Efforts With Client Services And Donation
Thursday 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]

[patriotmp]

 
   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

[tony925]

Any TA on IDSA today? 

[usedcasting]

Any TA on IDSA today? 

[Ramsburg]

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,

[Ramsburg]

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,