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ICOC

Started by cache00, February 06, 2006, 04:21:49 PM

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cache00

ICOC - ICO Inc.

ICOC Inc. is a global producer of custom polymer powders and plastic film concentrates.

Keep your eyes close to ICOC, this stock can make you a lot of money. Current price $4.33. The stock looks great, I got in at $3.92. The stock just broke through a new multi-year high. Here we have a combination of the following:

Fundamentals - look great
Technicals - are 100% bullish
Insider buying - can't get better
Stock Price - cheap
Volume - picking up
Sector - on fire

This is what Mr. Knapp Jr., CEO, said on the last earnings report:

"The resin price environment we currently operate in requires a substantial amount of attention. We did a great job last year and during the fourth quarter of monitoring our inventory positions closely and managing our selling prices accordingly. Our fiscal 2005 results reflect the hard work of the entire ICO organization. Thus far, customer demand and profitability during the early part of fiscal year 2006 have been very strong and we currently believe that first quarter fiscal year 2006 pre-tax profitability, excluding charges, will significantly exceed the first and fourth quarters of fiscal year 2005."

The Company reported $0.09 EPS for the 4th quarter.  Make your own conclusions.

Good luck to all!!!


cache00

#1
Other sector peers are PWEI, SHLM, CMT, POL.

tocitygirl

What do you think about the drop today????  It seems like people are selling off before the earnings.

cache00

The selling yesterday can be attributable to three factors: 1) There was a commodity sell-off throughout the market yesterday 2) The overall market was negative 3) The stock has gained 28% of its value since 01/26/06 when the run started.

This should be taken as a good buying opportunity. I expect blow out numbers based on high resin prices. Look at POL's earnings report yesterday, they blew out the house. Look at SHLM's report early last month and also PWEI. I expect EPS to be around $0.15 or higher based again on higher resin prices in the international market. Good luck!

tocitygirl

Good Earnings but the stock is down. >:(

cache00

#5
Well, Wall Street was expecting blow out numbers, something around my figure ($0.15) I guess; however, earnings were still good and the stock is still undervalued. I actually added a few more shares around $3.78. Seems like a good buying oportunity.

tocitygirl

Why people are selling 100 or 200 shares  ??? 

cache00

Back to where it was on very nice volume, very close to multi-year high. Possible breakout here, keep it on your radar.

cache00

The stock just made a new multi-year high.

More Insider Buys, check it out:

http://www.secform4.com/insider/showhistory.php?cik=icoc

cache00

Just an update on ICOC:

The stock just made a new multi-year high today. Seems like a pre-earnings run is going on.

Earnings report is due on May 4, 2006 before the market opens. Analysts expect $0.11 EPS.

wrangler

Hi tocitygirl
That is Market Maker's talk. Up to 500 shares means something but I forgot all of the meanings . one of them means need more shares done forgot others. Maybe someone on here knows and will post all the meanings for you.
Goodluck trading
100
200
300
400
500

Quote from: tocitygirl on February 09, 2006, 02:30:27 PM
Why people are selling 100 or 200 shares  ??? 
wrangler

sebfr

Hi, a double top is formed...

Target at 4.75...

nullzero

This one is on fire again heading for new 52wk highs.

setravis

nullzero , here is the chart.......Been on a nice run
Thanks for alert...Applaud
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

nullzero

I am in on ICOC average around 7.90s this one has a high chance of double in 6 months or so.