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MikeDDKing

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MikeDDKing

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Re: MikeDDKing post# 200950

Wednesday, 07/15/2009 9:58:48 AM

Wednesday, July 15, 2009 9:58:48 AM

Post# of 275619
I'm closing out IEC from the favorites list at $4.52. IEC has made a huge run. Margins may be slightly lower sequentially in the June quarter based upon company guidance. Also, there will be some one-time charges relating to their AMEX listing (e.g. CEO bonus). I like the company for long term growth but not for the near term at the present price.

Mike

Visit my favorite boards:
SwingTrade - #board-1781
VMC Motherboard - #board-3251

Due diligence on my favorite stocks is located on the sticky note on the SwingTrade board.

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