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Imperial Sugar Co. Message Board

  • shorthighcoverlower shorthighcoverlower Dec 21, 2011 10:22 AM Flag

    time to nibble

    today's high relative strength could be a sign that it might be time to start nibbling, afterall, the stock has already been stomped beyond recognition at this point, so all the bad news and then some, have probably already been priced in-just a glimmer of a positive news event could skyrocket the shares and send the shorts scrambling to cover to avoid a wicked squeeze.

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    • Hey Krieger, has skiidady apologized to you yet for calling you "an idiot" for your buy on WINN?

    • i thought so, but i've changed my mind for now,
      only because i'm fearful of the perception of
      others. in the market, you don't only perform
      your own analysis, you need to consider the
      decision-making process of others, because
      they affect the pricing.
      this co is about to announce a 10K showing
      a loss of over 4 dollars per share in fiscal
      2011. yes, it's the worst, things will tune
      up, we know that (i'm not going to get into all
      that now).. however, this may be a temporary
      obstacle to share price rebounding.
      in the NT10K they say 50-55m loss for 2011
      ended Sept 30th. Previously there was only a
      $1.35 loss.. which means that the Quarterly
      loss ended Sept 30th alone will be over $2.65
      per share.
      I'm going to wait again.

    • You're a big fool shorthigh with your SPAM!!!! What is high relative strength mean?? Would you mind telling me? IPSU is up only 3 cents right now.