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Encore Wire Corp. Message Board

  • scubasteve38 scubasteve38 Apr 25, 2006 10:01 PM Flag

    Where to next guys?

    Any more metal comodity dependent stocks have earnings reports in the horizon? Unless some rediculous amounts of debt was paid off, or inventory was accumulated over the last quarter, costs are overshadowing revenue at an increasing rate here. 120 more quarters like this was certainly a good analogy. This was a great stock, but estimates of peaking any higher than low 50s by year end is nothing more than falling in love with this stock. Everyone here knows I was long earlier this week but we just got the best case scenerio. This will stay on my watch list and I already have my outlook calander to alert me 2 weeks before next qrtrs earnings. Where to until then?

    (as always encouraging contrasting points of view)

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