Metal Management recycles scrap metal. Formerly a computer printer manufacturer known as General Parametrics Corp, they merged with EMCO Recycling Corp and changed the name to Metal Management last year.
They appear to be on a buying spree, having purchased other scrap metal companies: Macleod Group (of Los Angeles) and HouTex Metals Company (Houston).
I would welcome any comments on this company and its potential.
What do you think. Could this be a good trading stock? Could be some volatility as they make announcements of new acquisitions with the inherent problems of finding financing and the issuing of more stock and the dilution that comes with that.
Jim |