Trumpace

Debt-to-Equity Ratio as Fishing Lure

Actually Reddy Ice (FRZ) is the largest ice company in the U.S. and has great margins. Like you said "sells packaged ice"..., so what's the cost..., refrigeration, water, delivery and labor. The real questions are around the investigation and with the move in the stock maybe this is reason to believe this is coming to an end..., time will tell. I wxpect the quarter to be bad and an opportunity to pick up shares at a lower price may prevail. The debt is not necessarily bad if they can finance it. If a turn around in the economy does show this summer, that will increase sales one would believe and since the stock has moved down some 90% from its highs, then an improvement at these levels should not be any kind of surprise. With the movement recently someone knows something as volume is increasing, which is another good sign.