I bought this stock about a month ago and it was doing ok until the correction started. Decatur IL has a Mueller factory which is where I live. I also worked for a water main contractor for 10 years before retiring. I think the Mueller - US Pipe combo has the right idea for the future, however I don't know about the management that's running the company. I personally think the stock is a buy at this price, but I'm know Warren Buffet.
I am buying here. From a purely technical standpoint this is a good entry point. Look at the yearly chart and you can see a channeling pattern between the 13's and 16's. I bought some of the August $12.50 calls that are priced $1.30. Hoping stock will move back above $15 for a double in the option price.