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Metalico Inc (MEA) [hlAlert]

Rating:
Buy MEA
down 90.57 %

Metalico Inc (MEA) rated Buy with price target $7.50 by Hudson Securities

Posted on: Friday,  May 7, 2010  9:25 AM ET by Hudson Securities

Hudson Securities rated Buy Metalico Inc (AMEX: MEA) on 05/07/2010, when the stock price was $5.73. Since
then, Metalico Inc has lost 90.58% as of 08/27/2015's recent price of $0.54.
If you would have followed this Hudson Securities's recommendation on MEA, you would have lost 90.57% of your investment in 1938 days.

Metalico, Inc. (Metalico) operates in two business segments: scrap metal recycling (Scrap Metal Recycling), and lead metal product fabricating (Lead Fabricating). The Company?s operating facilities, as of December 31, 2008, included 20 scrap metal recycling facilities located in Buffalo, Rochester, Niagara Falls, Lackawanna, and Syracuse, New York, Akron, Ohio, Newark, New Jersey, Buda and Dallas, Texas, Gulfport, Mississippi , Pittsburgh, Brownsville, Sharon, West Chester and Quarryville, Pennsylvania, Colliers, West Virginia, an aluminum de-ox plant located in Syracuse, New York and four lead product manufacturing and fabricating plants located in Birmingham, Alabama, Healdsburg and Ontario, California and Granite City, Illinois, and a lead product distribution facility in Carson City, Nevada.

Hudson Securities., a trading company, provides execution solutions and making markets in the Unties States and foreign securities, and ADRs to institutions, hedge funds, asset managers, and broker dealers. It offers order execution and liquidity, institutional trading, direct market access, commission management, institutional trading, equity derivatives trading, commission management, and investment banking, as well as capital market services in pharmaceuticals, energy, alternative energy, and natural resources. The company was formerly known as Wien Securities, Inc. and changed its name to Hudson Securities, Inc. in September 2004. Hudson Securities, Inc. was founded in 1984 and is based in Jersey City, New Jersey with branch offices in New York, New York; Boca Raton, Florida; Norwalk, Connecticut; Atlanta, Georgia; St. Louis, Missouri; and Tinton Falls, New Jersey, and Cleveland, Ohio. Hudson Securities, Inc. was operates as a subsidiary of Rodman & Renshaw Capital Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2010 9:25 AM Buy
None
5.73 7.50
as of 12/31/2010
1 Week down  -7.51 %
1 Month up  18.30 %
3 Months up  34.98 %
1 YTD down  -9.77 %

(*) Stock Price at the time of the recommendation.
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