Thursday, December 14, 2006

IO gets big contract

I own these guys.

They are up 15%+ in the past 2 weeks.

Today they landed a major Indian contract for $60M. To put this in perspective, their total revenue last year was $450M.

It goes back to what I was saying: OPEC is not the only game in town. Countries as well as global oil companies are aggressively looking for oil/gas.

4 Comments:

Anonymous Anonymous said...

Congrats on "IO"..somehow missed to read about IO in the blog before...repenting for not buying despite seeing the news yesterday in some website..

4:31 PM  
Anonymous Anonymous said...

i'm very disappointed with "infy" not moving up despite joining nasdaq100.I got hit with my stop loss and will try to re-enter at a later stage.

1:19 PM  
Anonymous Anonymous said...

Does UCTT still get your vote of confidence after having fallen to 11.54 sometime back? I am thinking 12$ should be a good entry point..

7:04 AM  
Anonymous Anonymous said...

Liverocket is on vacation ?

10:55 AM  

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