What is really encouraging is all the new home construction that is finally coming back. That is the sort of predictable and sustainable cash flow that institutions want to see...they don't give as much credit to the storm restoration revenues.
No doubt about it. These guys have worked their tails off this past quarter (Hurricane Sandy) and current quarter. This past weeks major snowstorm on the east coast VA,NC,WVA,TN area left 100,000's of people without power. Saw many PIKE trucks on the interstate for several days servicing the SW Va. area. Looks like we're gonna get hit again before weeks end. Id say these guys do well for many quarters to come.
Nice to see the stock bouncing higher as we come to Q report----IMO we will get an upside to revenue numbers..........and new storms on the east coast will sadly give them new business projects. (Sadly for residents..good for PIKE)