WCA Waste Corp (NASDAQ:WCAA)

CAPS Rating: No stars

The Company provides integrated non-hazardous solid waste collection, transfer, processing and disposal services to customers in Alabama, Arkansas, Colorado, Florida, Kansas, Missouri, New Mexico, North Carolina, South Carolina, Texas and Tennessee.

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Member Avatar appstatecap (61.27) Submitted: 3/15/2008 2:34:50 PM : Outperform Start Price: $5.86 WCAA Score: -60.04

waste collection... high P/E might burn me, but could be justifiable with this small market cap and high growth. we'll see :D

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Member Avatar JohnSmitzerhoven (< 20) Submitted: 3/6/2008 8:55:54 PM : Outperform Start Price: $6.50 WCAA Score: -63.01

I bought this at a terrible price, as it was falling. I should have watched it first, like I did with my other buys, but I did not.

I bought because it's in an industry that everyone uses, it's buying out competitors to become bigger (you can't go wrong with bigger when everyone uses something, at least in the short term), and it's leadership is adequately experienced.

Just because I bought high, I've lost a bit of money. But if I still had the money, I would be buying this stock because I still have faith in it's industry and principles, and one bad earnings report does not shake that faith.

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Member Avatar southseacapital (98.70) Submitted: 10/30/2007 11:32:53 AM : Outperform Start Price: $7.00 WCAA Score: -49.19

* Trading 20% off its high.
* Price / Book value .70
* Solid insider ownership at 30.99% of float. (yahoo finance)

The company based out of Houston Texas has been on a buying spree which explains the intimidating amount of debt and lack of earnings. They operate 24 landfills, 27 collection operations, and 23 transfer stations.

Go here http://www.wcawaste.com/Default.asp?Page=17
to read about the senior management. They are grizzled veterans of the industry and clearly know what it takes to succeed in the highly competitive industry.

With massive debt and little earnings, a long term investor should worry about making such a speculative selection. However, despite the extremely competitive nature of the industry, it is also necessary and not likely to suffer serious downturns. The company also has the assets and contracts to back up the present valuation which can be contrasted against companies that float their valuations on hope.

So I am taking a chance on a proven management team working for a company clearly flying under the radar.

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Member Avatar Elitus (82.10) Submitted: 10/24/2007 7:32:43 PM : Outperform Start Price: $6.95 WCAA Score: -49.92

They've spnt almost 100 million in the past year acquiring other companies and landfills in the same business. The bottom line will also grow. Currently around $7 a share.

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