IPII

[AussieTrader]

Advanced well past few weeks from low $5 to $22. Volume has kicked in only in the past 10 sessions. Riding the 9 ema nicely. One to watch for sure.
Mike

[la-onda]

Imperial Industries, Inc., through its subsidiaries, engages in the manufacture and distribution of building materials to building materials dealers and others located primarily in Florida, Mississippi, Georgia, Alabama, and to a lesser extent, other states in the southeastern part of the United States, as well as foreign countries. The company's subsidiaries, Premix-Marbletite Manufacturing Co. and Acrocrete, Inc., manufactures and distributes stucco, plaster, and roofing products to building materials dealers, contractors, and others. These products are used in the construction or renovation of residential, multifamily and commercial buildings, and swimming pools. Just-Rite Supply, Inc., another subsidiary, distributes the company's manufactured products, as well as gypsum, roofing, insulation, and masonry products manufactured by other companies. It offers its products through distributors and company-owned distribution facilities. Imperial Industries was founded in 1968 and is based in Pompano Beach, Florida.
Results:
Imperial 2Q Profit Increases 3 Percent
Friday August 12, 10:55 am ET 
Imperial Industries Second-Quarter Profit Climbs Only 3 Percent As Tax Rate Jumps


POMPANO BEACH, Fla. (AP) -- Building products company Imperial Industries Inc. said Friday that its second-quarter profit rose only 3 percent on double-digit revenue growth as the company was hit with a higher tax rate this year.
Imperial Industries shares fell $6.39, or 22.3 percent, to $22.30 in morning trading on the Nasdaq. Shares have steadily risen from a 52-week low of $2.44 last August to a recent 52-week high of $30.69. Adjusting for a 1-for-4 reverse stock split in March, the company's share price has grown nearly fourfold so far this year.
Quarterly income grew to $1 million, or 40 cents per share, from $974,000, or 40 cents per share, a year ago, as the tax rate for the latest quarter shot up to 35.9 percent from 26.5 percent last year.
Revenue rose 18 percent to $17.4 million from $14.8 million a year earlier.

"The company is encouraged by the construction industry's prospects for the balance of the year, which in turn should provide continuing strength in demand for the company's products," said Chairman S. Daniel Ponce, in a statement.

Income Statemnet:
http://finance.yahoo.com/q/is?s=ipii
Short interest:
IPII: Short Interest UP 45.3% to 89.1K in Aug 2005

Wednesday, August 24, 2005 16:18 ET

According to new short interest data from NASDAQ, short interest for Imperial Industries Inc (NasdaqSC: IPII) INCREASED 45.3% to 89,074 shares for the month ended mid-August, 2005.

SYMBOL              JULY          AUGUST          CHANGE       %CHANGE  DAYS/COVER
--------   -------------   -------------   -------------  ------------  ----------
IPII              61,287          89,074         +27,787       +45.34%           1
Based on IPII's 20-day average daily share volume of 316,515, it would require approximately 1 day(s) of buying to cover this short interest.



short term target should be 22 + $, updated chart:

TA feedback is appreciated

[la-onda]

on fire today !!!!!

[lbotez]

Going to $30. (look up at above chart).  Stockcharts shows point and figure chart with a potential of $44.50 (just updated).

http://trimurl.com/2CT

This had a very strong close.  Will be going up again tomorrow. If we get another white candle, will have 3 white soldiers.

[lbotez]

the p&f chart says 53.50!

after a pullback yesterday, this stock should keep on chugging, up to at least $30.

shorts may try and pull it down early, but it's strong.  Should keep on trucking up.

They fix houses, roofs (stucco, etc.) and are located in the south. They cleaned up on last hurricane.

[snowcat]

This has been a good one - but VERY volatile.  A good one to buy on dips.  They do work in Mississippi.

Looked great, then earnings knocked it down $10+!!!!!  Good momo CAN push this to 30.
It is a traders stock - and with the events in Mississippi, it is sure to get a lot of attention.

Another good one to watch is STV - they do municipal projects in TX.  Awsome chart.
http://finance.yahoo.com/q/bc?s=STV

[lbotez]

IPII has a strong close on Friday, even though it dropped down $1 and something.  Friday was such a thin trading day; no one was around, and people were looking to exit for the long holiday.

However, the chart looks like it's turned, and should be going back up on Tuesday.

Expecting this to pop to $30 or more.

[sebfr]

A buy strategy for 1-5 days...Look at chart. Target is the green circle on chart