good luck to you also

there has been no word regarding the August 15th date regarding there 10 Million dollar line of credit that they are in default on.... read there last filings and I believe the creditor gave them a continuance to operate until Aug 15th..

but no word from management since then

Hanna is projected to go up the entire eastern coast of FL...
IPII supply stores are concentrated in Flordia as your link shows....

Here is primarliy what they provide ---

"Just-Rite Supply, Inc., a subsidiary of Imperial Industries, Inc. established in January 2000 as a separate business unit to own and operate the Company's existing distribution facilities and to acquire other building material distributors. As a result of the acquisitions subsequent to January 1, 2000, the Company now distributes gypsum, roofing, masonry, millwork, insulation and other building products, as well as those products manufactured by the Company.

Products are sold and distributed throughout the Southeastern United States and the Caribbean Islands"

Hanna upgraded to Hurricane status and headed to travel up the entire eastern Flordia coast...

Ike just upgrade to Hurricane status - too early to predict path

I believe there is another formation off coast of Africa as well.

Should be an interesting week, I'll be looking to add here and some other cane stocks ( ADDL, WEGI, NMSG ) if people sell off because Gustava was not as bad as Katrina...

Sept 10th is peak season for Canes... the party is just starting IMO

great point Matt, I posted this on IPII board also, same thoughts with HANNA for IPII

I was double checking all of IPII distribution partners as well as JRS sites - I know this company will benefit from Gustava landing in New Orleans area but it in my opinion, based on the current estimates of the path and strength of Hanna ( which the currently estimate on the east side of Flordia ) IPII would seem to gain significant $$'s from Hanna vs Gustava

any thoughts

Here is a link to the Just Rite Supply locations
http://www.justritesupply.com/map.htm

and Premix Marbleite distributors
http://www.premixmarbletite.com/distributors.htm#

I was double checking all of IPII distribution partners as well as JRS sites - I know this company will benefit from Gustava landing in New Orleans area but it in my opinion, based on the current estimates of the path and strength of Hanna ( which the currently estimate on the east side of Flordia ) IPII would seem to gain significant $$'s from Hanna vs Gustava

any thoughts

Here is a link to the Just Rite Supply locations
http://www.justritesupply.com/map.htm

and Premix Marbleite distributors
http://www.premixmarbletite.com/distributors.htm#

so you think the PPS will hold up for almost 1 month?

given your experience with this stock what is your exit strategy if you don't mind me asking

looking at IPII chart history, I think we see a nice run up on Tuesday morning, maybe 5.40 - 5.90 range then I think we will see some profit taking and back down into the 4.00 range

however if Gustava continues its path the stock will be back up to new yearly highs $8 - $10 range once damage is assessed, 4days or so.

depending on how Hanna plays out we could see even more buying pressure weeks to follow, which then put us into the upper teens IMO...


any thoughts??

followed your board last season, love the info and picks

picked up some ADDL at .08 last week
and picked up some IPII today

with IPII, I love the past runs after the major hurricanes, love the share structure....

IPII after hours up to 4.05 up .39 cents.... am I seeing this right

picked up some today, like the past runs after the major hurricanes, love the share structure....

after hours up to 4.05 up .39 cents.... am I seeing this right

the MM's really want to keep this PPS down..
the bid has been building ABOVE the current price and they won't let this move up

we seem to have some buying pressure today

whats with the Pre-Market activity,
the bid is at .5905 and ask .60

Looks like someone picked up 43,000 shares right at 3:56 at .56

Very interesting trading the last 1 hour..
especially since the financial got rocked today

we'll see if they knock it down with a 200 share trade to end the day

UCFC Financial Play - UCFC down 9% on light volume, rebounds nice - picked some up at 3.30
also noticed CFO bought 10K shares on 8/18

Arizona housing market update:

Here is an article I read regarding Arizona housing market statistics for July,
Key Points: Forclosures up vs July 2007 - not good sign
Existing Home Sales: up vs June of 2008
Pre Forclosures are down so far in July 2008 - good sign that perhaps forclosures have peaked and may be lower in August

Draw your own conclusions, however given the grim housing market this year any sign of a turn around is positive

http://www.azcentral.com/arizonarepublic/business/articles/2008/08/21/20080821biz-housing0821.html

The one thing that has made me buy into SSBX is the large amount of institutional holders and large holders..

If you look at the volume on SSBX since they came out with earnings end of July, there has only been 4-5 days with volume that has been over the daily average.. to me that does not represent a large amount of selling off.. Obviously the stock has dropped in price however if the large holders of this company were selling, we would be seeing more than 1 day of over 1M shares being traded. I believe the over hype of the news, political plays and short sellers have kept this down. IMO

Here is a look at top holders

Top 10 Institutional Holders: SSBXName Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Hoefer & Arnett Capital Management, Inc. 216,665 3.69 M 0.44% 1.43% Low
Camlin Asset Management Ltd. 239,000 2.07 M 0.51% 1.58% High
Munder Capital Management 304,524 630,365.00 0.01% 2.01% Low
I. G. Investment Management, Ltd. 239,000 494,730.00 0.00% 1.58% Low
Hovde Financial, Inc. 206,519 427,494.00 0.12% 1.36% High
Goldman Sachs & Company, Inc. 55,700 115,299.00 0.00% 0.37% Medium
Research Affiliates, LLC 20,986 43,441.00 0.00% 0.14% Medium
Merrill Lynch & Company, Inc. 20,800 43,056.00 0.00% 0.14% Medium
Morgan Stanley & Co. Inc. 20,267 41,953.00 0.00% 0.13% Medium
Credit Suisse Securities (USA) LLC 16,800 34,776.00 0.00% 0.11% Medium

Top Mutual Funds
Top 10 Mutual Fund Holders: SSBXName Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Investors Mergers & Acquisitions Fund 209,050 1.81 M 0.50% 1.38% Medium
Bridgeway Ultra-Small Company Market Fund 139,700 1.21 M 0.15% 0.92% Low
John Hancock Trust - Small Cap Opportunities 109,320 946,711.00 0.35% 0.72% Medium
Munder Small-Cap Value Fund 153,093 448,562.00 0.07% 1.01% Medium
Oberweis Micro-Cap Portfolio 34,450 298,337.00 0.84% 0.23% Medium
Investors Mergers & Acquisitions Class 29,950 259,367.00 0.50% 0.20% Medium
John Hancock Funds II Small Cap Opportunities 39,800 116,614.00 0.08% 0.26% Low
CornerCap Contrarian Fund 2,610 22,603.00 0.43% 0.02% High
Powershares FTSE RAFI U.S. 1500 Small-Mid Portfoli 2,393 4,954.00 0.00% 0.02% Low
Fidelity Nasdaq Composite IndexR Tracking Stock 788 3,101.00 0.00% 0.01% Low

Top 10 Holders

Top 10 Other Holders: SSBXName Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Yanke (Linda L) 2.46 M 45.81 M — 16.24% —
Nicholson (Thomas T) 2.51 M 21.72 M — 16.57% Low
Collins (Brian M) 669,033 5.79 M — 4.42% Low
Norby (Bryan S) 412,056 3.57 M — 2.72% Medium
Johnson (Corey L) 308,228 2.67 M — 2.04% Low
Peckman (Phillip C) 252,781 2.19 M — 1.67% Low
McCall (Craig A) 220,803 1.91 M — 1.46% Low
Regan (Calvin D) 197,999 1.71 M — 1.31% Low
Bosco (Mark S) 160,206 1.39 M — 1.06% —
Cruden (Brian W) 130,000 1.13 M — 0.86% Low

Hey BS...there was more selling this morning, however if you look at the trades this afternoon, the buy volume was higher than the sell volume..

that being said, your statement is much like your alias.. BS!!!

It's always a good sign when the bashers show up IMO... especially the ones that have a alias that is 3hours old and 2 posts...

yesterday we couldnt push past .58
today they drop it 2cents on 1,400 shares traded...

I agree somone(s) want to keep this stock down...

we need a pr from the company

thanks, keep us posted

I agree Mataflash, the key words in this PR are intent to.
Heck they still haven't cleared up the bounced check with the Nevada SOS.. still in default and on Administrative Hold:


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=9cot3v%252bVjk2YD8rebTuo%252bQ%253d%253d

I think I just saw Rodger downtown panhandling for change so he could clear the check...lol

I hope this moves so the long holders can make some $$$$ but be careful...

106 on the Ask and 1 on the bid and they won't let this thing move up

Nice call, hope you are still holding

Not your fault, I was just wondering if 2M shares somehow got removed from the float...

Shares Float 7.4M - wasn't the float at 9.5M before??

Starting wages for tellers for majority of major banks is between $8.50 - $10.00 depending on the market and experience.

You are correct in that many smaller banks are not as pushy but I can assure you the larger ones certainely are. Thats what keeps some customers from avoiding the larger banks IMO

Thought we were going to break .59. There was 100 shares left - it was hit and then 500 shares put back up at .59. Looks like the same as yesterday.

aquaspin,

I'm all for DD but I think we all know what the answer to that question will be from the branch manager.

Just remember in banking today everyone gets commissions and/or bonuses and the biggest driver is new checking/savings accounts. A branch manager will do whatever it takes to get you to open a new account. I was a Vice President in retail banking for JP Morgan Chase, believe me banking is not banking anymore it is all about aggressive sales tactics. Heck even the tellers now have monthly sales quotas to meet. In the past it was great if tellers could refer a customer to a personal banker, now it is required and apart of performance evaluations. Way too much stress for someone you are paying $8.75 per hour. IMO

For very good reasons, 12.3% of the 9.95M Float are now short ( As of 7/28 )

I have not seen August short interest yet, my guess we will see close to 1.8M shares short vs 1.23M as of July 28th

would love a PR disputing the WSJ's claims from a "source" that millions of deposits are leaving daily, maybe even a threat of a lawsuit... come on guys stand up for yourselves

wtf is with the tight spreads, .5901 X .5989
now the bid moved up to .5903 X Ask at .5987

Would love to see some Form 4's filed, wouldn't that be awesome!!!!

I agree, just added at .59 right at the close

SGCP - News Out

Sierra Gold Corporation (Pink Sheets:SGCP) today announced today that the company has completed the first phase of financing to meet its capital requirements to continue its mining program in Sierra Leone. These requirements include costs for mining licenses, purchase of equipment, salaries and operational expenses. The company also announces that it has settled its recent law suit.

The recent article, "Check This Area Out", dated September 26, 2007 published in "Stockhouse BullBoards", stated that "The Birimian trend (West Africa) is....currently the base for the fastest growing gold production and exploration area in the world." The author makes the analogy of West African gold production to that of the Carlin trend in the 1990s. He writes that if Nevada were a separate country it would rank within the top five countries in the world for gold production.

Sierra Gold is engaged in the exploration and development of gold and diamond properties in West Africa. The Birimian greenstone belt of West Africa has had a long history of gold mining and prospecting. The region has been one of the fastest gold producing areas worldwide. Sierra Leone's neighbours, Ghana and Mali, are the second and third largest gold producers in all of Africa.

CBAY reminds me of a choose your own adventure book from when I was a little kid lol

gdog - check out BKHM - great stock to flip - swings from 1.78 to 1.88 daily can be hit multiple times

Another one I tried to get but ended up chasing and never got filled - BIOF - hit .90 Tuesday at market close

up to 1.75 now -

CNNMoney.com
Greenspan sees housing prices bottoming out in 2009: report
Thursday August 14, 7:10 am ET


Alan Greenspan, former chairman of the Federal Reserve, projects that housing prices could bottom out in 2009 - or maybe later - according to a news report.
"Home prices in the U.S. are likely to start to stabilize or touch bottom sometime in the first half of 2009, " said Greenspan to The Wall Street Journal.

But he also added that "prices could continue to drift lower through 2009 and beyond," according to the newspaper.

He said the "excess supply" of housing units, some 800,000 units above normal, is running out.

Appointed by former President Ronald Reagan, Greenspan served as chairman from 1987 to 2006, when he was replaced by Ben Bernanke

Awesome!!!! I'm pissed at myself for not jumping in--