I've been watching Headwaters Inc. (HW) for over 3 weeks. I think it is about to make a move up.
Headwaters Inc., through its subsidiaries, provides products, technologies, and services to the energy and construction materials industries in the United States. It operates in three segments: Construction Materials, Coal Combustion Products, and Alternative Energy.
HW is trading today at about 20.41, 31% below its 52 week high, average volume is 818,000 shares per day, low book value, moderate debt. Number of funds owning the stock has increased over the last 3 quarters. There are large short positions that could help give it a nice upside momentum if they choose to cover.