housing boom. Cramer pick.

Company has no debt and is now starting to give dividends as it is prospering.

its cheap

Insider: Pirate Capital
Position: Director

Bought 13,000 at $33.22 per share.

price-to-earnings multiple very nice for past 5 yrs maybe too good. Company sold being taken private.

earnings growth

PW Eagle, Inc. manufactures and distributes polyvinyl chloride (PVC) pipe and fittings used for potable water and sewage transmission, turf and agricultural irrigation, water wells, fiber optic lines, electronic and telephone lines, and commercial and industrial plumbing.

Note that Caxton has an 8.5% stake.

PW Eagle.
Half a short squeeze, still half to go. 70% of float is short and these guys are sandbagging Q4 2006. I really just don't understand how you short this stock, maybe not a buy, but short? Seems like easy money.

top MFI pick; 4-star MF CAPS pick; excellent fundamentals; strong growth prospects; currently passes 6 most important Foolish 8 ("failed" on 5 "size" and 7 "inside ownership")

Ranked number two in sales for publicly held PVC companies! (5 overall). Very small float. Great earnings! PE at 5. Short Interest at 70% of float. Insiders buying: Pirate Capial owns >23%; Claxton at 8.5% and buying everyday!