Friday, October 31, 2014 3:37:47 PM
Has INTK stumbled.. yes... however, look at how quick the company turned around from a arrangement with Boral Roofing to a new deal with their chief competitor (Eagle Roofing). Obviously the roofing product works otherwise why would Eagle want to create a whole new line of premium roofing tiles.
Then factor in the rust corrosion products. Witness the past and future expected orders from Sinopec (China), Galp Petroleum (Portugal) and now EcoPetrol (Columbia). Hmm no puns here. Just the facts.
The stock price tells the story. Holding above both the 50 day and 200 day moving averages and now trading an average daily volume of 1.7 million shares/day.
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