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DexCom, Inc. (DXCM) Message Board

scubasteve38 30 posts  |  Last Activity: May 26, 2006 10:55 AM Member since: Apr 4, 2006
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  • Reply to

    WIRE AND COPPER STOCKS

    by bigter1 May 26, 2006 10:08 AM
    scubasteve38 scubasteve38 May 26, 2006 10:55 AM Flag

    Thank you bigter

    You have joined the plight of me and H20Polo in changing this crosseyed message board.

    I am not saying that there is not a SMALL lagging relationship between AVERAGE copper price and encore wire revenue but it is more dependent upon the going rate of wire based on it's AWG. AWG is a standard for copper wire defined by the NEC. If you do not know what the NEC or AWG are and are an investor in this company, I have some land in Florida that you may be interested in.

    Scuba

    PS. the price of 500 MCM has more than doubled in the last 4 months. Short that.

  • Reply to

    This morning

    by scubasteve38 May 19, 2006 9:40 AM
    scubasteve38 scubasteve38 May 19, 2006 9:43 AM Flag

    My only guess is that today is the last day to sell off the 35$ options for a profit.

  • scubasteve38 by scubasteve38 May 19, 2006 9:40 AM Flag

    Wow... Maybe I should have waited a week

  • Reply to

    Hitting 40+ Tomorrow

    by josephnapolitano1980 May 16, 2006 12:24 AM
    scubasteve38 scubasteve38 May 18, 2006 3:31 PM Flag

    H20, I've got alot of stories just like that. There are unions in Loisiana is offering jw's 25 an hour with a garunteed 7-10 hour days with normal time and a half and doubletime pay. Money isn't an issue to commercial owners anymore, they just want it now and will pay to get it (as it is often 20X cheaper to pay the expense to expedite and open the business 1-2 months earlier).

    INVEST IN THE MARKET YOU KNOW. That is why I am here. I'm sure everyone here has lost money in an oil field in so and so or a new drug that might.... IMO Encore is the industry standard for #8-750 MCM THHN. That is why I am here to stay

  • Reply to

    Hitting 40+ Tomorrow

    by josephnapolitano1980 May 16, 2006 12:24 AM
    scubasteve38 scubasteve38 May 18, 2006 8:52 AM Flag

    4 things.

    Housing has little impact on sales of encore's main horse

    Yes copper prices have gone up, but the cost of installable wire has also doubled to trippled in the last 6 months

    I don't have enough skilled employees to run all of the work opportunities I have comming up. I have to turn down work based on volume.

    Wire sales lag construction contracts by atleast 8 months. The "skin" of the building has to be up before wire is pulled. Drive around town and look for any exposed steel... that is another wire order in the making.

  • Reply to

    Hitting 40+ Tomorrow

    by josephnapolitano1980 May 16, 2006 12:24 AM
    scubasteve38 scubasteve38 May 16, 2006 2:54 PM Flag

    I put in a limit order for the upper 39's. Think there might be a chance that it'll get filled with all of this talk of options week?

  • Reply to

    Copper futures

    by PBernhardt May 14, 2006 11:00 PM
    scubasteve38 scubasteve38 May 15, 2006 8:40 AM Flag

    The price of copper going up positively affects wire on short and long term ratios dirrectly.

    Short term the small amount of inventory (I seem to remember a valuation that the inventory turn over rate was around 10-15 times per year, somoene please verify this) will raise in value giving pure profit.

    Long term the price of the commodities required to build the end product are going up accross the sector and the cost of the final product is going up. This leads to higher revenue on same amount of volume shipped and assumably increased proffit margin and a standard proffit percentage.

  • Reply to

    DD

    by sml2112 May 5, 2006 1:28 PM
    scubasteve38 scubasteve38 May 5, 2006 3:44 PM Flag

    SML2112

    Two reasons for that. One - the cost of their inventory (copper) is going way up and the same volume of inventory casts more. Two - they have a new plant opening and their are some obvious start up costs associated.

    -Scuba

  • Reply to

    Back for the ride

    by scubasteve38 May 4, 2006 10:29 AM
    scubasteve38 scubasteve38 May 5, 2006 9:01 AM Flag

    My appologies, I did not have 05 in my post. My point was that at that time the stock WIRE was just over 10$ a share. To date we have seen a 1 to 1 ratio of sale price and stock price.

  • Reply to

    Back for the ride

    by scubasteve38 May 4, 2006 10:29 AM
    scubasteve38 scubasteve38 May 5, 2006 8:57 AM Flag

    Wiregoingdown,
    What are the prices you have recorded for these dates?


    please refer back to my Post. March of 05, not this year. I can fed ex you an invoice if you would like.

  • Reply to

    Back for the ride

    by scubasteve38 May 4, 2006 10:29 AM
    scubasteve38 scubasteve38 May 4, 2006 11:27 AM Flag

    Sales price average from two distributors in FL (inluding shipping and reels). If you know of a better way to buy it let me know and I won't have to invest in stocks.

  • scubasteve38 by scubasteve38 May 4, 2006 10:29 AM Flag

    Alright, just did a little product analysis and I'm ready to buy back in. Anyone have a good guess of where the resistance lines are?

    Point one -
    Price of 500 MCM THHN on 3/17 2.50 per foot
    Price of 500 MCM THHN today 11.29 per foot

    there was about a 15% price correction immediately after that for this stock

    Point two -
    over the past four weeks the purchase price of wire (the installable kind, not the stock) has increased by 30%. So on the same volume of shipment we are talking a 30% increase in revenue.

    -Scuba

  • Reply to

    What does the Overallottment mean...

    by ResultsMatter May 2, 2006 11:08 AM
    scubasteve38 scubasteve38 May 2, 2006 11:18 AM Flag

    they are selling more shares and therefor dilutes the ratio of your shares and the company value. I.E. all calculations of earnings per share will be lower because they are more shares. The only variance would be if these shares were sold from existing stockholders like the majority already sold for this secondary offer.

    Scuba

  • Reply to

    Hit the road Mexicans - get out NOW

    by joe_schmuck_md May 1, 2006 11:18 AM
    scubasteve38 scubasteve38 May 2, 2006 8:37 AM Flag

    Ok, I have to chime in on this one. Jokes about anyones social or economic standards are uncalled for. The fact of the matter is that by deffinition they are ILLIGAL immigrants. We have already passed laws against them. It is like allowing people to speed. For some reason our government feels it is plausable to let the people chose which laws are real and which ones are suggestions.

    I saw a man on one of the 24 hours news chanels yesterday who was complaining that his rubber business was being econimcally impacted by his employees going on strike for the day. That is like a pimp complaining that his hoes got arrested for prostitution. They are both harboring illegal activity and should be arrested themselves.

    Simple solution. Federal law saying that illigal immigrants can work in the US if their employer pays a fee of $100 a day. If they are caught not paying the fee it is a 1000$ a day fine. It will only take about 3 sting opperations and it would motivate immigrants to come over the proper way because no one would hire them.

    Just my two cents

    Scuba

  • scubasteve38 by scubasteve38 May 2, 2006 8:22 AM Flag

    Alright, I need someone edjumecated to answer this one. Does this mean that the shares have already been sold, or are they expected to be sold. If they are already sold we can only immagine that the dillution is done. If not, we probably have another week or two of sideways trading. Just my unedumecated guess.

    Scuba

  • Reply to

    only gadget freaks will put up w/this

    by dxcm_sugar_daddy Apr 27, 2006 10:59 PM
    scubasteve38 scubasteve38 Apr 28, 2006 8:33 AM Flag

    Please post the link to the triathlete's blog

  • Reply to

    cnbc

    by loharr626 Apr 26, 2006 8:52 AM
    scubasteve38 scubasteve38 Apr 26, 2006 9:00 AM Flag

    We had an artificial upswing last night on low volume from someone trying to get the share price up before this mornings shares hit the market. Expect a close today back around 23$ mark. Just my opinion.

    Scuba

  • Reply to

    Where to next guys?

    by scubasteve38 Apr 25, 2006 10:01 PM
    scubasteve38 scubasteve38 Apr 25, 2006 10:31 PM Flag

    oszurekp

    Monday morning at 39.34, had a buy trigger at 39.25...... close enough.... and will liquidate again in the morning. I don't believe much in AH trading. Please see my previous post. I'm just scared of the increased costs in this quarter's numbers over last quarter with similar sales. This was a great play, but not a long term in my oppinion. but i have been wrong before and will be in the future. Here is the post with my guess of earnings.

    http://messages.yahoo.com/bbs?action=m&board=7079045&tid=wire&mid=6190&sid=70790
    45


    by the way, I only short term trade with a small amount of play money. True investing requires you to only check the price once a week... if that. This is my glorified gambling alowance.

    Scuba

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

    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?

    Scuba
    (as always encouraging contrasting points of view)

  • Reply to

    Stopped out at 39 will buy in today if

    by firebird1968at400 Apr 25, 2006 8:09 AM
    scubasteve38 scubasteve38 Apr 25, 2006 8:27 AM Flag

    FB, take me with you.

    Just would like to cut and copy from another board.

    http://www.mindfully.org/Sustainability/2006/Metal-Stocks-Gordon31jan06.htm


    Anyone know of any copper pipe companies. They should be having similar gains to WIRE

    -Scuba

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