Discussion in 'Stocks' started by Hook N. Sinker, Aug 25, 2006.

  1. Thoughts on PWEI? The board of directors was replaced about 30 May 2006. Major investors include Caxton, Pirate, Tiger and Renaissance.
  2. 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