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Tait Beddow

$2.06
2/25/08
$1,253,708.58

1
04/02/09
40.2%
25.4%
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Stock Pick by Tait Beddow

TWP: i dont see this stock going up before it goes down

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22 ratings
Posted 628 days ago on 3/03/08

TWP will go DOWN
$6.00 on 4/03/08
$20.05 (165.21% from time of market call)
$8.23 (8.86%)
on 4/16/08

with the housing market the way it is nobody is putting money into new decking. this stock isnt gonna go anywhere if home depot doesnt make a push and with the way things are right now thats not gonna happen soon. this company has been doing all the right things to get back on track but im yet to see a upside to this stock st this time. look for this stock to fall below 7 for the first time since december in the next week or so.

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Comments

Posted 3/6/2008, 10:38 am

thanks for your opinion... a professional aspect can never hurt

Posted 3/6/2008, 6:16 am

You most likely are correct on this stock I am not sure but I have noticed in my work that people are having decks, roofs, and house fix ups just ask much if not more then a few years ago, in my area atleast. I think its because if someone is trying to sell you are trying to get as much money out of your house as you can. Its a good little selling point that it has a new deck or roof so the new owner has one less thing to worry about. And even if the price isn't effected and then its a purely aesthetic feature, and we all know people can get suckered into purchasing a house solely on a tipping point such as deck. sorry I felt like I needed to give my professional opinion on that aspect of your point.

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