One of these names is "Paul Corp," which I can talk about shortly. I know it's Michael's favorite stock. So, I can't wait for him to yell at me. Ballcorp needs to switch from digging swimming pools to digging graves. Same equipment, but smaller holes.
Jonathan, let's talk about one of the worst stocks on Earth. Ball Corp. Over the past two years, we know that residential construction is in a disastrous state. In the past two years, the average number of new swimming pools built in the United States has been around 60,000, the lowest level in more than a decade.
I think, fortunately or whatever, Bullcorp is the largest wholesale distributor. Therefore, it is a low- capital-intensity business. They are just a distributor. They do not manufacture the product.
But oh my God, this stock keeps going down and down and down. It is heading towards a new low.