Primo Water Corporation (PRMW)

[metrodavef]

I'm in. I expect things to be a little up and down but hey this company has a lot going for it:

- Included in the Russell Micro Index (they don't stick fly by nights in there and it only underscores the expected growth of the overall water market)

- Company's revenues are picking up steam

- Company is generating positive EBITDA (this is critical)

- Share base is not diluted

- Company trading at less than 1x revenue (undervalued: I think part of the undervalued nature relates to the aggressive long term debt structure; those hard money rates just got improved and its better than double the share base through expensive dilution)

- Nobody wants to lug a 5 gallon bottle of water around but the average Joe also doesn't want to pay a lot more for door to door delivery either. Lets face it, there are a lot more average Joes out there than rich Jacks.

- Company's products getting sold through broad distribution channel (everything from Amzon to Walmart)

Looks like fun