Scrap metal is the new gold! With metal prices raising, scrap metal will play a more and more important role.If Industrial Services of America, Inc. could get higher margins, it would be worth much much more than todays valuation.The company says it has the capacity to generate $600 million in revenue and that would mean higher margins. If they are able to improve the margins further through various initiatives, this could turn out to be a a very good investment.It's an overlooked promising microcap company, but the downside right now is that there is very low volume because of that.I'm long.
Agreed. Additionaly, not only metal prices will raise in future. No matter how energy will be generated, prices for it will raise too. If you keep in mind, that energy consumption for recycling metals is just about the half needed to produce new ones, you might imagine the growth potential in this industry.
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Scrap metal is the new gold! With metal prices raising, scrap metal will play a more and more important role.If Industrial Services of America, Inc. could get higher margins, it would be worth much much more than todays valuation.The company says it has the capacity to generate $600 million in revenue and that would mean higher margins. If they are able to improve the margins further through various initiatives, this could turn out to be a a very good investment.It's an overlooked promising microcap company, but the downside right now is that there is very low volume because of that.I'm long.
Agreed. Additionaly, not only metal prices will raise in future. No matter how energy will be generated, prices for it will raise too. If you keep in mind, that energy consumption for recycling metals is just about the half needed to produce new ones, you might imagine the growth potential in this industry.