Stocks Under $10

ICO @ $6.38 (I C G) is engaged in the production of metallurgical and steam coal in Maryland, Kentucky, West Virginia and Illinois. We are starting half a position here and will add the remaining half on a pull back to $5.50. Our stop will be set at $5.25. 

Foreign Stocks

SUTR @ $6.28 (Sutor Technology) is a Chinese manufacturer of finished steel products for the construction, infrastructure and manufacturing industries. Revenues have increased 108%, 42%, 62% and 46% over the last four quarters. Earnings have increased 175%, 92%, 89% and 29% during the same time frame and are expected to grow 19% this year and another 14% in 2009. We are establishing half a position here and will add to position on a pull back to the 45.25 area. OUr stop loss will be set at $5.

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