Cyclical business in a commodity business - CHECK
Operating leverage due to huge OPEX - CHECK
Poor ROIC due to huge CAPEX - CHECK
Financial leverage due to optimistic mgmt. team - CHECK
All time highs in OPERATING margins due to perfect industry conditions - CHECK
Increasing competition on price and potential for rising employee and fuel costs - CHECK
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.