Stock Thoughts

Not a great day, down 0.56% compared with benchmark down 0.18%. Strange day as DJ was up but broader market down.

CHCG is sure a yo-yo stock. Down over 8% today. If it drops back under $7, I may have to buy some more... it'll bounce back.

WSTG was my big mover today, up over 6%. I've now made about 20% on these guys. No idea what caused the pop, but it was on 8x volume, that seems positive. This is another of those neat stocks that this system finds.

• They have had 15 straight quarters of double digit growth.
• This past quarter revenues were up 33%
• CEO says they "continue to take market share"
• Pay a 3.3% dividend

I am watching USHS closely. It is now at $9.32, down from $14 just a short month ago. I can't figure out any reason for the drop. They do a lot of business with Home Depot, so perhaps that is it... but here is what they said last quarter:

"We are working with The Home Depot on a number of new growth initiatives for 2007," stated Mr. Bulger. "We are currently planning the opening of new sales and installation centers in the second and third quarters of 2007 to serve The Home Depot customers in the Nashville, TN, Birmingham, AL, and Buffalo and Rochester, NY markets. In March 2007 we launched a pilot program for the introduction of counter top products in the Boston market. This product offering consists of laminate and solid-surface tops, including Corian, Silestone and granite. In addition, we reached an agreement with The Home Depot to roll out countertop products in the Chicago, New York and Connecticut markets, and to extend our laminate countertop product offering in all markets where we offer our kitchen refacing products. We plan to begin this roll out in the second quarter 2007. We had previously offered countertop products under other brand names and we believe we are well positioned to offer these products to The Home Depot's "do-it-for-me" customer. "

Mr. Bulger concluded, "Lastly, we are working with The Home Depot to introduce Designer Deck Ceiling Systems. This new product offering is designed to cosmetically improve and present a finished-look to the underside of an elevated deck as well as to capture and direct water away from the outdoor living area directly below. We anticipate our pilot program will be launched late in the second quarter of 2007 in our Atlanta and metro-Washington, D.C. markets."

So is the huge drop due to fear or reality? Buffett says to buy when others are fearful. I may buy some tomorrow, write down the $9.32 price.

CYDS - remember I mentioned this stock over the weekend as it made my just listed list (seems redundant)? Up a sweet 12%. Sadly, it is only hypothetical sweet.