3SOF

Hello LiveLife:

thanks for your very educated suggestions and advice. You are absolutely right. I did buy this stock after watching it for awhile and after I saw the potential. Thats what I do now for most of my trades. I am learning to control my emotion slowly on when to pull the trigger. You know after you decide on a stock, thats the most problem that lot of people has is when to pull the trigger 

Anyway, thanks again. Will learn from everybody here more and more. Have a good weekend.

went straight up 100% in one week with high volume. low float(50m) with .02 eps. May be a good post katrina/rita play.

Press Release Source: Zenex International, Inc.


Hurricane Katrina: U.S. Army Corps of Engineers Increases Aduddell Contract to $60,000,000.00
Tuesday September 20, 10:20 am ET


OKLAHOMA CITY--(BUSINESS WIRE)--Sept. 20, 2005--Zenex International, Inc. (OTCBB:ZENX - News) & Aduddell Roofing:
Joint venture partners Aduddell Roofing & Waterproofing, Inc. and Carothers Construction, Inc. have received a modification by the U.S. Army Corps of Engineers to increase their Contract Amount to $60,000,000.00.

Aduddell has been mobilized and working since September 8, 2005 in the Mississippi Counties of Pearl River, Hancock, Harrison and Jackson. Aduddell has already exceeded more than 80% of the first two task orders totaling $20,000,000.00.

Mr. Ron Carte, CEO of Zenex International, Inc., states, "The widespread damage caused by Hurricane Katrina has required Aduddell Roofing to increase their workforce because of anticipated growth in the core business of Commercial Roofing and Waterproofing. We are optimistic about the outlook and potential for future growth of the company."

Safe Harbor -- This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.



--------------------------------------------------------------------------------
Contact:
     Zenex International, Inc., Oklahoma City
     Ron Carte, 405-692-2300
     [email protected]

Zenex International, Inc., through its wholly owned subsidiary, Aduddell Roofing & Sheet Metal, Inc., engages in the commercial and industrial roofing, and reroofing businesses. The company's roofing services include reroofing, restoration and repair, new roof construction, sheet metal fabrication, and waterproofing. The new roof construction involves the construction of various roofing systems, including metal roofing systems, built-up roofing membranes, and single ply roofing systems. It also provides residential roofing services and maintenance services. Zenex International's customers include the industrial, office, retail, hospitality, government, and educational industries. Zenex International, Inc. was incorporated in 1991. The company was formerly known as K&S Ventures, Inc. and changed its name to Lone Wolf Energy, Inc. in 1997. It further changed its name to Zenex Telecom, Inc. in 2001 and to Zenex International, Inc. in 2002. The company is based in Oklahoma City, Oklahoma

Now that hurricane Rita made landfall this weekend, damage assessments are being made.  If ZENEX/Aduddell Roofing-Carothers Construction joint venture gets USACE contract for Rita damage, then the stock price will increase, at least short term.

If there is no more contract increase, then many holders of the stock will probably sell (since most held pending post-Rita contract).  If that happens and if you are holding ZENX, you may want to sell and buy back after the sell off at a lower price.

Let's watch closely what happens after Monday's open and post-Rita news.

Prayers for those displaced by Katrina and Rita.

Good trading!

Here is first of many assessment articles post-hurricane Rita - damage not as bad as anticipated:

http://www.chron.com/cs/CDA/ssistory.mpl/metropolitan/3368947

Hurricane Rita damage assessments probably won't finalize until at least today with security being an issue.  There is sustained damage, but not as bad as anticipated.  If there will be any ZENX contract increase, it may come later this week.  So for now, no contract.

I sold early Monday morning and bought VPHM for a quick trade.

I will buy back ZENX if there is contract increase or signs of significant gain activity.

Good trading!

Hey Livelife....it looks like Zenx hit a low of the day, then started a little rally up...lets see what the rest of the week brings...yes...a new contract update... would be nice

good luck on all your trades

still practising my charts

julia

Quote from: gmarc66 on September 27, 2005, 06:49:15 PM
Hey Livelife....it looks like Zenx hit a low of the day, then started a little rally up...lets see what the rest of the week brings...yes...a new contract update... would be nice

good luck on all your trades

still practising my charts

julia

Nice Chart, you got posted there Julia... No, nothing gets by these big eyes!!
Heading back up today!!!

+24.40%.....Volume @ 2,695,324

I just had to post this link that I found on another board.

This guy has done his DD on ZENX!!..it never stops!

http://www.stockhideout.com/showthread.php?t=2284

good luck

julia

  Saw it drop below .80 and was hoping for a bit more...had to leave for awhile and I missed it...I'll catch a dip somewhere. 

Sidenote...my brother financed a few roofers who were short of capital for awhile. The roofers made more than enough to satisfy them and my brother made an extremely hefty profit just for putting up the capital...he did have contacts and got them most of their jobs also, but his profit margin was embarassing. Roofing may not seem very glamorous, but there is a huge profit margin in it....a large roofing company like this should be making a fair bit of $. But I'm still, as always, looking for a dip....had one today and missed it, but there's always tommorrow.

Julia,

Thanks for the yeediggar link.  What a wealth of info.  Cheers for yeediggar!!!

Nice gain today for those that bought in on this pullback.

just got in the other day at $.94. I think this company has great potential and is make big bucks, sadly enough, off the hurricanes. But hey, we gotta make money in this business Thanks for the link Julia(applauds) Yeediggar really sounds like a go getter to find out about this company and has tons of info about it. Fundamently this company is growing fast and is booked for the next 2 years in contracts so i don't think theres gonna be a problem with solid revenues coming in.

TA:

My trading plan is to sell if price action is to fall below $.83 which is the lowest open of the recenet pullback of the rally. A more appropriate may be around $.76 wich is the lowest low of the pullback. But with penny stocks i try to cut my losses as much as possible. As well its a loss of 20% compared to my plan of 10%. If pennies arn't going my way, i get out as quick as possible.

We have a G-pattern in the making with price action. A close above $1.33 based on the G-theory we should have a breakout on heavy volume. I havn't figured out a profit target yet no solid trend has formed yet.

Good luck for everyone holding.

-fousc

  ZENX ZENX ZENX I am ZENX crazy! More I research more I like ZENX!

http://www.southernillinoisan.com/articles/2005/09/30/local/107655.txt
Look a wind storm rips the metal roof clean off! There goes a half a million in the bank for some lucky roofing contractor!

http://seattletimes.nwsource.com/html/nationworld/2002530403_canetarps30.html
"In normal circumstances, Lowery said, his company would charge $300 to tarp a 2000-square-foot roof in Austin. For that same size job, the government is paying $2,980 to $3,500, or about 10 times as much, plus additional administrative fees that can't be readily calculated.

The government doesn't pay contractors per roof, but for every square foot of blue tarp its workers tack down, according to copies of the three contracts for the New Orleans area obtained by Knight Ridder.

The Shaw Group is getting paid the most for installing the tarps, $1.75 per square foot. Simon Roofing's contract calls for $1.72 per square foot, and LJC Construction gets $1.49 per square foot."

http://www.sun-sentinel.com/news/local/southflorida/sfl-srebuild30sep30,0,1431831.story?coll=sfla-home-headlines
"Customers will pay as much as $10,000 for a new shingle roof, which cost half that much two years ago. Tile roofs cost as much as $25,000, up from $15,000 or less only 18 months ago. And customers will have fewer color choices because only the most popular ones are being offered so factories can pump out more tiles more quickly."

http://www.myrtlebeachonline.com/mld/myrtlebeachonline/news/nation/12779756.htm
The government is paying contractors an average of $2,480 for less than two hours of work to cover each damaged roof - even though it's also giving them endless supplies of blue sheeting free.

Mike Lowery, an estimator with Pioneer Roof Systems in Austin, Texas, said that though he couldn't calculate how much it might be costing contractors to house and feed workers, even with astronomical overhead the companies would have plenty of room to make a profit.

http://bellaciao.org/en/article.php3?id_article=8567
$2,480 for less than two hours of work to cover each damaged roof in New Orleans
NEW ORLEANS - Across the hurricane ravaged Gulf Coast, thousands upon thousands of blue tarps are being nailed to wind-damaged roofs, a visible sign of government assistance.

"is rapidly becoming the largest roofing project in the nation's history"

They continue with deafening silence, no pumping, no shadiness just let the market see what price ZENX should be.....

Hi Diggar...you have given a good description of the government wasting my money in the roofing business, which comes as no surprise.  Just one more of on long list of reasons why the goverment should not be in charge of anyone's money.

You sound like a ZENX pumper....please stop until I catch a dip. 

  I like the way this stock has been trading...up and down with a good daily range lately, which I hope to take advantage of...I especially like doing this with a stock that looks to be a sure bet for going higher over time...just makes me feel better if I don't catch the bottom of a dip....but anyway...I think this ZENX does look good....there's a BIG profit margin in the roof business in the private sector, but throw the government in the mix and it's highway robbery.