Posts Tagged ‘Ceco Environmental’

CECE – Sell Recommendation

By: ispeculatornew | Date posted: 01.23.2007 (12:00 am)

CECE – CECO Environmental Corp. (Nasdaq) (Closing Price – $13.00)

I originally recommended Ceco Environmental as a stock to buy and hold. However, the stock is up 31% in a little over two weeks and I think it would be foolish for me not to give a sell recommendation.

I said yesterday that I think CECE still has room to run but it only gained two cents today and I think the share price is most likely going to pull back.

Furthermore, a lot of the increase in Ceco’s share price has come in the last couple of days and is due to speculators who bought in before the State of the Union Address. Well, the State of the Union Address is over and if you followed my advice on PFSW you saw what can happen to the share price of a stock after the momentum dries up. (more…)

CECE – Update

By: ispeculatornew | Date posted: 01.22.2007 (12:00 am)

CECE – CECO Environmental Corp. (Nasdaq) (Closing Price – $12.98)

When I originally gave my buy recommendation of Ceco Environmental I said to buy and accumulate at the current price (which was $9.89). However, the share price is up quite a bit since I originally recommended it and I am going to change my recommendation to hold.

Ceco Environmental has had some positive developments recently but I think the huge jump today is due to speculators buying in before the State of the Union Address on Tuesday. If the president mentions greater pollution controls to fight global warming this will obviously bode well for Ceco Environmental. (more…)

CECE – Initiation of Buy Recommendation

By: ispeculatornew | Date posted: 01.06.2007 (12:00 am)

CECE – Ceco Environmental Corp. (Nasdaq) (Closing Price on Friday 1/5/07 – $9.89)

Speculation can test the nerves and it requires a lot more work than just buying and holding a stock. You need to find a few stocks that you can hold long term and not worry about very much. CECO Environmental Corp has the potential to be one of these stocks.

CECO Environmental provides air pollution control products and services. I think the concern about global warming and pollution in general will keep their products in demand for the foreseeable future. I also think the government will implement greater pollution controls in the future and this will benefit CECO. (more…)