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Imperial Sugar Co. Message Board

  • shorthighcoverlower shorthighcoverlower Oct 12, 2011 11:04 AM Flag

    4q estimates of 91 cent loss

    they are expected to lose 91 cents on sales of $211 million when they report 4th Q sales at the beginning of December.The good thing is that these expectations are way too low and the company will easily exceed them. Look for them to come in light on the top line but only show a loss of 22 cents versus 91 cents ( good enough to tack on a immeadiate 20% to the stock price).Today we are seeing a nice rally (up 7% on heavy volume), the question is, is this a dead cat bounce or the start of something more? Stay tuned!