I am surprised that nobody has commented on WCNX's strong quarter performance. It was somewhat better than my expectation. I bought under $11 and believe that it is a conservatively great buy under $14/share. Based on recent quarter performance, one could argue that it is a good buy under $20/share. I make these projections on very conservative estimates of future growth. I believe the upside potential in much greater based on WCNX's performance over the last 24 months.
The entire waste industry is down and it may take 6 to 18 months to gain investor confidence following the decline in projected earnings of major waste companies. I am taking advantage of this situation and will continue to invest in WCNX as long as it is less than $14 to $15/share.