PGT Inc (PGTI)

[nupapa]

Yeah - saw all of that. The Institutions are holding the float captive for now, but that won't last.

What I liked about the Cardinal announcement was this statement:

“Cardinal has been a loyal, long-term partner for us with a consistent track record of reliably delivering high-quality products. Better leveraging their industry-leading capabilities is a sound business decision as we prepare to meet the increasing demand for impact-resistant products expected in 2018 and beyond. This new agreement allows us to heighten our focus in our core areas of window and door manufacturing, where we excel, and enables us to pay down debt by the amount of the purchase price, less taxes, and removes some of our future capital requirements and equipment maintenance costs. In addition, based upon pricing agreed upon in this supply arrangement, we expect there will be no unfavorable impact to our EBITDA margins.”

Clear sign they expect big things. A divy would be a great way to draw more interest.

All IMO

NP