Owens Corning (NYSE:OC)
A Company is a producer of residential and commercial building materials and glass fiber reinforcements and other similar materials for composite systems.
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Everyone needs a new roof every few years and nat gas will probably make insulation more valuable. Litigation is over for a while, now its time to pick up shares while the lenders are selling their stock. Negative is the heavy reliance on new housing.
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This stock had been beaten down by lawsuits and a multi year bankruptcy. Now that it has emerged and is virtually "un-sue-able" it has nowhere to go but up. Insiders have been lining up to buy shares.
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Out of bankrupcy in a sector which has been beaten down lately (building) provides great opportunity. I have owned this stock immediately after it came out of the bankrupcy. Wanted to include in the CAPS at that time, but did not find it listed here then.
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Coming out of bankruptcy
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