Beacon Roofing Supply, Inc. (NASDAQ:BECN)
CAPS Rating:
Distributor of residential and non-residential roofing materials in the United States and Canada. The company also distributes other building materials, including siding, windows, lumber products and waterproofing systems, for building exteriors.
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I am amazed by how this horrible little stock mocks me with my biggest active CAPS POINT LOSS.
Why isn't BECN a $5 stock yet.... dive you pig dive.
BECN has too much debt, too little demand, falling earnings, rising accounts receivable (that must be questionable given the state of the construction industry).
DIVE YOU PIG DIVE!
I have been waiting forever, and they have had good earnings besides everything else. What I believe is that they have loaded their sales to reflect numbers from projects that are 1-3 years old. They cannot continue the trend Yoy remember Madoff and be patient.