I hate Zacks, their analysis SUKS. Just buy in scales down until USG finds a bottom(19-21), then hold for the eventual upside that will surely happen(50-60).
next earnings rpt just a little over a month out - most available investor reports/info are based on past info that is skewed by significant reorganization activities and pricing created by a slowly recovering building [new const] market limiting product demand. None of that applies today - demand for product has just gone through the sky with harvey and maria and the construction labor shortage issue deals with more skilled labor required for new construction -- my guess is USG will be running sheetrock at full capacity for the next 12-16 months --- lets see, what would it be like to move from current PE =10 [1/2 that of peers], production at 60%, pricing depressed -> to full production, full pricing, same fixed cost - I believe that is what has happened over the last 30days
USG Corp. – Value Analysis (NYSE:USG) : September 2, 2017 – CapitalCube
Major earthquake hits Mexico, Cat 4-5 hurricanes hit Florida, Texas and Puerto Rico and sheet rock goes DOWN??? Seems like manipulation somehow
Under the present conditions, there is something that is causing this stock to stay in " LIMBO". I am convinced now, that it is not just the SHORTS, is must be a large group of hedge funds doing the manipulations. It is very easy to cause this stock, to move in Erratic Ways. We should soon see a correction, in it's stock price, if I am right. Time will tell.
I bought 2000 shares back at the end of July for $27.5 for all the wrong reasons. The short interest was high so I fugured they had to cover sometime, every time I went to HD or LOW people were carrying out sheetrock, we had some flood damage in my area (before the hurricanes) and there is a LOT of new construction here near Tampa. Now we have had 2 hurricanes, even more flood damage and the new construction is going even stronger. So I will hold a while. Best of luck to all.
Look at General Cable Corporation's (BGC) ascent - post Katrina.
Does anybody know if a third shift has started on the sheetrock production lines?
I'm befuddled why this stock isn't soaring to the sky. Very disappointed.
Face it, the shorts always win with this stock, regardless of fundamentals or market conditions.
JIM said buy on the dip I Agree and WDC was over sold.
I almost bought more but went with IBM instead. LGIH is a winner and SAFM, NVDA HOLD long term for me.
Sorry but been under water for 7 years. This is a pos
Once this temporary profit taking by traders subsides, longterm USG should rebound when profits from millions of sheets of drywall and mud(joint compound) roll-in. USG should reach the $43-$48 level in the coming months.
Berkshire has 39M plus shares .
Anyone see this stock trending upward the next several months? As a financial advisor we have moved considerable assets into this stock.
Does anyone know the state of the usg facility in Jacksonville FL?
Who's kidding who.The shorts are getting ready to jump off the roof. Maybe they should take a plane, and just open the doors, and see if they can fly like a bird. It's about time, for them to commit " HARI-KAKI".