Headwaters (HW) (10/25/07)
I feel that HW has bottomed and is a good time to buy for a good value play.
Buy and tell your friends to buy.
$15.00 and better because its book value is $21.00 per share.
They have a great PE.
They are very profitable.
They have started to buy back their own shares.
They have better costs than any of their competitors.
They will benefit when the housing sector recovers and before because their competitors will start dropping like flies when they can't compete against HW.
I feel a 30% appreciation factor every year for the next 3 years will be sustainable. That is it could double in 3 years time.
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