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Re: woody85 post# 32

Friday, 02/28/2014 6:22:02 PM

Friday, February 28, 2014 6:22:02 PM

Post# of 85
PGT released their 10K today.

I bought PGTI this month 3 times and will hold it.

I don't expect it to go up or down very much for a while. They have to show continued top line growth, an ability to handle increased debt, and they must complete their new glass plant on time and budget. Their profit margins will increase after the glass plant opens.

If they meet their first quarter forecast, they will only meet revenues posted during the past 3 quarters.

In other words, they have to show more growth for the stock to continue going up. I will follow them very closely.

I will not buy more until they indicate they are worthy.
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