Alloy Steel Inc. (fka AYSI)

[ebase22]

It seems to me that at least some of the reason behind the blowout quarter in Q4 was because it was "catch up" earnings from the prior quarter's low number. They must have had some orders that got booked just on the threshold of Q4.

I'm wondering how much of the great quarter is due to the other dirrection? That there were orders at the end of Q4 and now the to be released Q1 numbers will be weak because of it.

I think this is why the price has been stuck at about 1.80-1.90 when it hough this would get over 2 easily. People are waiting to see if this quarter was a fluke or the real deal. If a second stright quarter comes out with 10-11 cent earnings, then we will be on pace for 40 cent plus annual - and that you have to think would move the stock well about 3 and more towrads 4 or even 5.

Unfortunentally we are probably taking a bit of a shrot term gamble here. I would expect the next report to cause either a big spike up or a fall back if it indeed looks like last quarter was not normal.