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.
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4 comments:

  1. Anonymous4:31 PM

    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..

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  2. Anonymous1:19 PM

    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.

    ReplyDelete
  3. Anonymous7:04 AM

    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..

    ReplyDelete
  4. Anonymous10:55 AM

    Liverocket is on vacation ?

    ReplyDelete