Replies to post #46 on PGT Inc (PGTI)

[FUNMAN]

PGT is the biggest player in its specific market segment and has municipalities and insurance companies, policies and philosophies behind them.

New construction and renovations in "at-risk" weather related areas must use weather resistant construction techniques including windows and doors commensurate with the prevailing extreme weather conditions that are considered normal to those areas.

Though there are plenty of competitors, PGT is standing out among them with its a top quality products available exclusively through authorized dealers.

Rapidly rising revenues indicate satisfaction at the consumer and dealer levels.

Also, the big revenue jump happened before PGT is going to benefit from lower cost of goods, and manufacturing efficiencies, including inventory, shipping and transportation costs, once their new Florida factory opens later this quarter.

PGT is playing from strength and they are getting stronger. They might see their average daily trading volume start to rise indicating greater investor interest. Institutional holdings have increased all the way up to 86%. Just by building on their recent performance, PGTI should double within 12 - 18 months.

[FUNMAN]

Early on, PGTI interested me, but when it was dropping like a rock, my conviction increased and I kept buying more on the way down.

The great housing numbers this week translated into a nice gain for PGTI. My average cost is $9.5025 so I am finally making money.

02/07/14 11.0592
02/11/14 10.6596
02/20/14 12.1898
05/07/14 9.9298
05/09/14 8.7795
05/16/14 7.9898


I think PGTI is going to rise further after they announce the opening of their new factory which should allow them to increase their gross profit.

The added revenues from their acquisition should also pump up their top and bottom line.

PGTI should show more nice gains this year and push above even my highest purchase price.

I'm looking forward to the next Q already.