ERS

[snowcat]

This is an Aluminum fabricator.  It was on a nice run - beautiful chart, low pe, 4% dividend.
how can you beat it.  Well it took a bit of a dive the past few days and is up 11% today.

May be one to check out - one of my faves for under $10.  It was also one of IBD's stox of the week two weeks ago (the friday list).

http://finance.yahoo.com/q?s=ERS

[saffeysite1]

Empire Resources, Inc. engages in the purchase, sale, and distribution of principally nonferrous metals to customers in the transportation, automotive, housing, appliance, and packaging industries in the Unites States, Canada, Australia, and New Zealand.

[stocky]

ERS is back in play. Appluad Saffey.

I dont know whats exactly driving it up but happy to hold it. Would suggest David to have a look at it.

[snowcat]

The numbers look great and the best chart in the bunch - should make the IBD 100 in the top 10 and get lots of exposure if it can hold 15!

http://finance.yahoo.com/q/bc?s=ERS


Last Trade: 16.01
Trade Time: 3:16PM ET
Change:  0.51 (3.29%)
Prev Close: 15.50
Open: 15.94
Bid: N/A
Ask: N/A
1y Target Est: N/A

  Day's Range: 15.81 - 16.50
52wk Range: 3.60 - 15.98
Volume: 416,100
Avg Vol (3m): 133,186
Market Cap: 155.99M
P/E (ttm): 19.08
EPS (ttm): 0.84
Div & Yield: 0.20 (1.40%)




Mortgage rates as low as 3.95%- Refinance now. Intro -*Terms 

[snowcat]

Finished the week a hair under 18 and #1 on the IBD 100 for some great exposure.  Metal stocks are HOT right now and this is the best one out there.

http://finance.yahoo.com/q/bc?s=ERS

[snowcat]

The stock has held up strong on a down day and finished over 20 on good volume.  With the price of aluminum double what it was a year ago, I can see this stock in the 25+ range soon.

It should be #1 on the IBD 100 again if it can keep at its current level giving it much exposure.  It still does not have the big institutional ownership yet.

The opinion poll says 100% buy!
http://quotes.barchart.com/texpert.asp?sym=ers

The chart says "I got room to grow"
http://charts3.barchart.com/chart.asp?sym=ERS&data=A&jav=adv&vol=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=

And Snowcat says "Hey, who lit my 3 socks on fire"??

[stocky]

If you are holding ERS like me you must be 'wow'ing to say the least. The company made to the top of IBD100. Technically you can can see the bullish chart below.

[snowcat]

Wow.  I take a day off and the stock falls to bits.

Don't worry, I'll fix it.

Getting it back on track as I write.

http://stockcharts.com/def/servlet/SC.web?c=ers,uu[h,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

+2

[snowcat]

should be IBD #1 again - up 10% - go figure

http://stockcharts.com/def/servlet/SC.web?c=ers,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G

[MoabHQ]

Earnings Play
Today ERS   $41.74   +$6.72   +19.19%
Looks Good Short Term.
Any Thoughts?
-MOABHQ

[snowcat]

Time to buy again. Up on good volume (for a 1/2 day).  This top notch Aluminum company  fell during the June collapse for no reason.

Fell from 60 - buy now at 15.  This is a good company and the stock just took a beating.
see you at 20!

http://finance.yahoo.com/q?s=ers

[echo]

ERS id make a nice move today but the overhead supply will be hard to overcome imo. I don't know if "smart money" will come back in knowing that the climb might be hard because of the overhead supply. Just my thoughts of course and this stock was hot once before so it could turn around.

[snowcat]

I'm in, so the "smart money" is in. 

The overhead it has is nothing compared to the potential for gain.  It fell on June 2nd when the rest of the market fell for no reason.  This will be at 20 and higher where it belongs.
The PE is low and the earnings are high.  Aluminum is in high demand .

[sebfr]

Hi,

We can played for a rebound...A double bottom is formed

Close at 11.80
target at 15.40 - 17.50
stop loss at 10.87

Reward/Risk ratio of 76.6 / 8.5 = 9...Very good and it is based on first target at 15.40

[njshiva]

nice move with volume 4 times the average.