Replies to post #63 on PGT Inc (PGTI)

[FUNMAN]

Agreed ... and no I did not get a response.

It's disturbing that they've been making money and won't take care of the loan covenants that would allow them to start paying a dividend.

It's too bad. I've held shares from as low as $7 but with no dividend it's tough to just sit and wait for them to grow and for people to hear about them.

I agree with you that the recent storms just created a surge in demand for hurricane resistant windows and doors. PGTI should have tons of business over the next 12 months and "surprises" to the upside EPS's in the coming Q's.

Given warming sea temperatures, the intensity of future storms should be greater, as will the damage.

PGTI is sitting in the catbird's seat for in-demand, "essential" products to renovations, reconstructions, and new construction projects.

[FUNMAN]

This is also interesting ... Short % Increase / Decrease... -27 %

Short Interest (Shares Short) - Prior ... 1,763,000

Short Interest (Shares Short) - Recent ... 1,293,600

I guess lots of people thought the same as you believing there's too much opportunity for PGTI because of all the storm damage.


Ironically, here's one reason why there isn't any volatility in PGTI's PPS.


% Held by Institutions ... 98.06%


The big boys had lock up most of the O/S. There are 143 of them.


And it's for that reason why I don't understand them not pressing management for a dividend.