Thoughts on PWEI? The board of directors was replaced about 30 May 2006. Major investors include Caxton, Pirate, Tiger and Renaissance.
My opinion of this stock is a Hold/Sell 1st---Look at how GGC has reacted in the last few days to a poor housing number.....They supply the resin to companies like PWEI and LMS 2nd---The cost of resin will be getting higher as Nat Gas/Oil ramps into this new storm 3rd---If this is a long term position you will be able to buy it lower in the future in my opinion $COSTAverageMAN