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Constar International is back

posted 523 weeks ago on The StockMasters - Investing News and Analysis, Hot Stock Tips, Stock Marke

Constar International, Inc.  (Public, NASDAQ:CNST) is on fire today up 15% to $2.76 a share after reporting a decent Q3 07. Their Q3 loss was only $0.09 per share and their sales came in at $225.8 million.  Not bad for a company that makes plastic containers for water and other useless beverages.  So can the stock keep up the momentum? Long story short -- it's possible. Constar fell from grace earlier this year and now that shares are just a few dimes away from a 52-week low, it's got my attention.  The best thing that happened on the conference call was the expectation they set to meet the 2007 guidance. Our third quarter performance places us on track to achieve our financial guidance for the full year," said Michael Hoffman, CEO and presi

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