PEX
ProShares Global Listed Private Equity ETF
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PEX.V, Pacific Ridge Exploration, primarily explores for Copper and Gold.
Filament Health Announces FDA Authorization of Clinical Trial with First-Ever Direct Psilocin Administration and First-Ever Psychedelic Botanical Drug Candidates
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Sure you can, just wrap the PEX with duct tape when you need rigidity.
Don't forget plumbing, you can't use PEX for everything.
Even if you triple wire costs I don’t think that’ll kill em too much. Majority of plumbing supply lines are PEX which is plastic. Lumber and concrete would be more devastating.
Lol copper. They use aluminum and PEX for everything now. Make everything as cheap as possible and rip people off.
While true they are super involved in AI, they are doing it in their normal Broadcom bullshit pattern. (Buy company, layoff r&d, raise prices 10x, let business unit die) Every HPC server had PLX PEX PCI switches, then broadcom bought PLX, jacked up prices, now Astera Labs is the goto supplier for PCI switches because Broadcom is terrible to their customers/hostages. Their claims they can make an ethernet HPC interconnect that works just as well as infiniband while still being ethernet are, quite the "forward looking statements"
>How much have you spent since 2020 on these stockpiles of durable goods ? I'm mostly in a "replacement mode" now where I just replace what I use rather than building up the stockpile. Some stuff I just have to buy at whatever the current market price is, but I still got an advantage on that first replacement cycle. But specifically on the food front, that's actually a really hard question to answer because I've changed the way I do it now, partly because of the price increases. I bought a freeze dryer and pressure canners, and process a lot of my own stuff now rather than buying commercially processed. Ready-to-eat soups, veggies, meats, fruits, things like apple sauce, beans, etc, are largely homemade and either canned (pressure or water bath) or freeze dried. I've also largely stopped buying commercial wine + cider, and got into home brewing. So.... it depends what you're counting and how you're comparing it to the alternative. The equipment was expensive, but a lot of it is good for a decade+ or even a lifetime. A lot of the stuff I make now either there is no commercial alternative or a very similar product is INSANELY expensive (e.g. if you compare how much chicken I've freeze dried and the unit cost compared to commercially freeze-dried chicken, my freeze dryer has paid for itself a couple times over already). >What spare parts did you buy ? Plumbing stuff for the house (sump pumps, well pump, pressure tank, PEX pipe, fittings, hoses, valves, etc). Replacement filters for my water filtration system. Electrical stuff for the house (outlets, switches, breakers, wire). Spare light bulbs for everything. HVAC stuff - furnace filters, spare capacitors for furnace + AC motors. Spark plugs, shear pins (snow blower), blades & belts (lawn mower), chain (chainsaw), oil, filters, etc, for all my power equipment. Chain, chain lube, oil, filters, spark plugs for my motorcycles. Oil, oil filters, air filters (engine + cabin), spark plugs, windshield wipers, fluids (windshield wash, coolant, brake fluid) etc for my vehicle. Generic automotive parts like fuel line, vacuum hose, etc. General shop supplies; already had a good selection of hardware, metal stock and wood, but stocked up on consumables like grease, penetrating oil, brake cleaner, fuel stabilizer, hydraulic oil, blades for all my saws, etc. Ammo. Lots of ammo. Basically anything for general maintenance that I'll use anyways or reasonably cheap components to fix stuff that would really really really suck if it broke and I couldn't get a replacement for 3 months.
Ur right. Construction is a good field to be in. Mechanical insulator here. Don't know your trade, but the answer to your question is preformed/pre molded/ precast/ factory made junk designed to be slapped together and thrown away and replaced. Plumbing? PEX. HVAC? Heat pumps, stackables, etc. Roofing? Stamped metal roofs. Sure there's always (fingers crossed) gonna be a place for guys who can work with their hands. But to pretend like they haven't already cut our numbers dramatically with technology is untrue.
When she got to the recycling center, they told her it was PEX
Are they refering to how they aquired and jacked the price on PLX PEX PCI switches?
I went to lowes and saw an 80 year old employee in plumbing struggle to take down PEX from topstock while believe by Cher was playing overhead
Your choice, ark is known for being deceptive and terrible with their products. This is also not a "brand new" thing, it's almost a year and a half old and only 50 million assests is atrocious. QGRW, which isn't very well known at all is similar age and has around 300 million. If you want some other private equity take a look at PEX or PSP. Both much bigger and from much better companies.
Though EV does use more copper, automobile use is not the main use for copper. Main use for copper is in construction, pipes and wiring. Copper pipes are slowly being replaced by PEX pipes worldwide, it's a slow but certain transformation. So there's a major demand for copper going away. Copper wiring is not changing much at the moment, but that's assuming copper price do NOT go sky high. If copper price does go much higher, wiring like you said CAN be replaced by aluminum wiring, I think people will put up with having thicker wires in order to save money. Aluminum wiring already is standard for transmission lines. So there you go, one major demand is going away, the other major demand could go away if prices go higher. This is why copper almost never really rally much, copper price was around $3.8 10 years ago, it's still around $3.8 today.
I’m seeing a lot less copper used these days then I once did - not sure if that’s true in aggregate but in building I’ve seen copper plumbing be replaced by plastic PEX and medium voltage electric move to aluminum.
Sometimes I go into peoples houses while they're on vacation and a free PEX upgrade* *PEX not included.
I went with PEX after the last batch of copper got stole
this is what is burned in my head from home depot when i was trying to find the right PEX [https://www.youtube.com/watch?v=JMKi9qVrGWM](https://www.youtube.com/watch?v=JMKi9qVrGWM)
>ETFs would have a tax advantage (PEX) for a company in Italy Are you sure about that? So you pay less taxes on the dividends and the transaction costs are low enough in contrast to the 0.25% costs of the ETF? Otherwise copy the 100 highest weighted stocks of the MSCI World.
replaced under the sink with all new PEX
Copper levels in my body are super high and not other reason why. All of my copper was covered in green and corroded- it’s in a crawl space w no insulation and every plumber I had out said they would end up busting like my neighbors did- PEX is known for its expansion and contraction capabilities…. It’s not pvc… it was not cheap to replace the copper either. I was glad I did though when we had the hard freeze -my house was built in 1997 and it needed to be done.
"Sweating" is the process of heating the pipe and fitting with a torch, to a point where you can use a low temperature melting point metal called "solder". There have been fires, from small to catastrophic, while soldering pipe joints, for centuries. A quick google reveals that these fires result in an average of 800+ home fires a year in the states, and two deaths. As for your testing water comment. Yes, if you have copper piping, and it's being consumed by aggressive water, you can test and treat it. That said, if you are comparing it to PEX. The PEX literally costs less the 20% of the copper and will last essentially forever, regardless of the water PH.
As a retired builder, who did high-end custom homes, and renovations, I can safely say that most of your claims are often, or even typically, false. I worked in a region where the local water would chew through copper pipe in a decade. PEX will last exponentially longer. Copper is becoming an ever more scarce resource, and in the last decade the price has skyrocketed. You really think something that splits when frozen, and leaks or corrodes from anything but low mineral, well PH balance water is superior to a plastic that is nearly indestructible? Sorry, but no. You really want to spend 6X as much for an inferior product, so you can have copper in your home? "Wood was better". Who gives a shit? Stick framing is so massively redundant that "old wood" used in structure is nothing but bullshit that folks on HGTV babble about. Most old places were not built to structural code, and everything from floor joists to roof rafters to structural beams are often undersized and sagging on pre-1960s housing. Higher standards and quality that was supposedly the norm "back in the day" is straight up nostalgic horseshit. There were great builders in the past, there also were hacks and clowns. I've owned, renovated, and repaired a shit-ton of older stuff that was garbage the day it was built. Shit like my current home. An awesome 1955 mid-century ranch. It's a beautiful place. All brick, plaster walls, hardwood floors, floor to ceiling window wall, etc. There also isn't a straight, square, plumb or level surface in it. The interior plaster work is horrifid to the eye of a professional. I looks like it was finish troweled with a damn snow shovel. The roof rafters are seriously undersized, and it has several basic, amateur grade structural flaws built in, that would have been red tagged at print review, by code enforcement, well before somebody attempted to build this piece of crap, anytime in the last 30 years. That said, it's the kind of home that would sell in hours to a person who smugly would claim that they made a very savvy buy, as "they don't build them like they used to" LOL, you got that right.
Absolutely wrong about PEX- my entire house was copper and I had all that shit ripped it out- peoples houses in my neighborhood constantly had busted pipes in winter and flooding bc it can’t expand and contract- not to mention pinhole leaks in pipes when they erode plus the copper being leeched into the water- hard pass
I just did my taxes and i will gladly share my 2nd and only full year on airbnb. Now i bought the house with the intent of living there occasionally as my daughter was going to school and I travel for my job but her plans fell through and so i had to rent out the house on airbnb full time instead. So I have a woman who manages the home for 25% of profit and all necessities. I made $20,000 after the payouts to her. my utilities for the year was $5600.00. My expenses for repairs ( still ongoing with an old house) were $13,000. I took all of the tax write-offs for airbnb and that came to $42,000.00. I work a part time job that pays the mortgage so basically the money i get renting it out covered utilities and home repairs. So the way i see it as I got a home and renting it out allows me to fix up the home for free. ( Added AC, repaired plumbing, renovated the backyard). This year my plan is to replace all plumbing with PEX and build a play area.
Yeah PEX is so simple, some people don't like sharkbite type connections but transferring from copper to PEX is easy with it
[PEX](https://it.m.wikipedia.org/wiki/Esenzione_fiscale_delle_plusvalenze) but it’s applicable only for companies
Why won't you just get a whole house RO system with UV... PEX is awesome, cheaper and quicker to get the job done. I have done PEX since 2005-06. I remember those days with special training and a signed card that allowed you to buy PEX.
Thats what I'm sorry to hear. We hit a record winter a few years back. My wood stove wasn't even enough but I did pick up some things from that. Keep a pot of water steaming someway to increase humidity (thick air is easier to heat), keep your feet off the floor even if completely covered, close off nonessential parts of your house, switch to PEX water lines mine froze solid but never busted, pets are a good source of heat (stuffed a cat in my jacket a few times). I know it looks bad but we will make it through
It’s all me guys, I bought a 6’ piece of PEX and a couple Sharkbite connectors there this quarter, came out to a little over 43 billion…
Ummm did you have to jackhammer a solid slab or something should be under an hour to swap.toilets mabey a day to plumb the drain and run new PEX or copper if your soldering.
Cheap houses ? Here in the Northeat million dpllar Toll lifestyle homes use PEX. There isn't anyone building with copper anymore in my neck of the country. Maybe some small time builders. But none of the big national companies that throw up 100 plus unit developments.
PEX doesn't work. I'm not a plumber, these are mainly Siphon tubes for cryogenic gas services with pressures from 500 PSIA to 3,000 PSIA
P/E is inflated because earnings aren’t appreciating as fast as equity prices. But simultaneously we see the labor market actually pushing back and demanding more money. If labor costs rise, the bottom line gets hit by PEX increases but also the middle and lower class buy more shit, increasing the top lines of the most demanded product producers (yeah capitalism bitch$). It’s not impossible for us to see an era of wealth redistribution that just gets absorbed by corporate bottom lines over time.
Maybe a CFD on an ETF based on PE/VC? PEX - ProShares, PSP - Invesco, IPRV -iShares Or short an asset manager with significant presence in PE/VC? Blackstone, CVC, Carlyle Group, say?
PEX comes in white as well, should be good if it's a new-ish installation, requires a little more attention to your hot water heater but pretty low maintenance if good install God there's nothing quite like coming home to toasty floors in the wintertime
Is it red/blue? Probably PEX, good stuff The only problems I've seen with underfloor heating is when it was a retrofit, if the place was originally designed/built that way, you should be good
> I associate copper plumbing with really old houses. Is that not the case? It depends. PVC is not used for supply lines as far as I'm aware anywhere in the US. I'm sure I'm wrong here, but the few states I've done commercial builds in this was the case. For residential PEX is being used more and more, but not legal in all jurisdictions. Also higher-end houses will still use copper over PEX for various reasons I'm not entirely educated on. Copper usage is only going up though in other areas of industry. Practically everything "green" requires massive (comparably) amounts of copper for motor windings and and the like. Datacenter builds use an immense amount of copper for the electrical systems as well.
I’ve got a lot of PEX in my condo, but the mains are all copper. Built in 2006. I’m not sure about the value of copper, I think that investors tend to go overboard thinking demand is going to skyrocket. It definitely will grow, but if investors are already baking that in, it’s not a good investment. I do think it’s a really cool metal, and I actually collect it as a hobby. Old pennies and whatnot. I’d rather own copper than gold.
contractor wants to make decision for Copper vs PEX pipe, told him not to use that word it gives me PTSD
The increased price for raw materials root cause is not some impending financial doomsday. The global supply and distribution channels for raw materials takes months or years to get "up to speed". Much of it was throttled back or turned off at some point during covid. The U.S. and many other developed countries cancelled covid and now the whole world is ready to go back to work. This very sharp increase in demand for raw materials is exceeding the ability to manufacture and distribute these materials, and so the lead-time and price goes up. This is temporary. There may be a financial bubble (I am not a finance dude, my craft is logistics) but I don't think the trend of increased costs for certain goods has any correlation with a bigtime financial problem. Steel, plywood, PVC/PEX, industrial gases, ammunition, etc will all calm down once the global supply system catches up. The delay is that the global supply chain will not increase output/throughput to meet the immediate demand, because the supply system is very slow to react to sudden change in demand. The supply system will eventually overproduce if they attempt to meet a short term sudden increase in demand. To prevent this "yo-yo-ing" of supply chain logistics trying to match demand, it is much more efficient to simply produce and distribute and a recent (pre-covid) rate and let the short term demand flatten out and the supply chains will slowly increase or decrease to match the stabilized demand. If this concept is still foggy, consider the number of people involved, the fuel consumed, the miles traveled, to produce an automobile in the U.S. The tires come from Brazil. The rubber to make them comes from 4 different countries on two different continents. The chemicals and other consumables come from three different countries. The tail light assembly requires microchips from Taiwan, injection molding tooling from Germany, light bulbs from China (with their own manufacturing processes to manufacture the light bulbs), wiring harnesses from Kentucky, and hardware from Florida. The sheetmetal comes in huge rolls. The iron ore comes from Canada. The coke from West Virginia. The steel mill is in Pennsylvania. They get shipped on trucks to the rail yard and then by rail to the manufacturing plant that stamps out body panels. Now multiply this my 10,000 to get each and every component to an automobile. Now get them all in the same location and prepare for final assembly. Now turn off or turn down half of those 10,000 processes. Now within just a few months, turn the industry demand back on to 100%. "Plywood is expensive, financial doomsday confirmed"
PSP and PEX but i’ve just begun to look so I need to spend more time
Shark bite and some PEX bro save yourself some money.
[Higgins says hello to Remy boy](https://imgur.com/a/PEX3M9b)
High end residential modular, can confirm. Air-water is where it's at. Not sure if that's a tradeable thesis, but running PEX is a whole lot easier than ducts, especially b/c the architects never leave room. I'm looking for a publicly traded way to get in on mass timber in the US, what with the new code changes the CLT mills are going to be pumping. I'm not sold on this case for lumber, though, just because I'm not sure how much further this has to run before supply ramps up and demand cools off. Will take a deeper look though, need to diversify out of steel lol.
[bulldogs of WSB](https://imgur.com/a/PEX3M9b)
Yeah but I’m sure a lot of that cost is in the land itself. All the value of my house is in the home. And it’s built to the cheapest possible code specs 2006 had to offer. Although it does have a PEX manifold system which is kinda neat. Other than that it is BASIC
I don’t know if this matters much because u/mjedmazga is correct in terms of the major point of his thread; PEX is the major plastic for new water supply lines in residential settings. PEX is a no brainer. Why bother with all the trouble of fitting PVC, CPVC, or copper when you can just pull a line of flexible PEX. I work in the plastic industry so take that for what it is worth, in fact the company I work for supplies a MAJOR concern in the PEX space, but I am also just some random dude on the internet. CPVC is used for hot water applications. It can be used for water supply lines, dishwashers, etc. However, due to its more expensive it is not used for general water supply. PVC (rigid) can be used for cold water supply (pressurized), or waste water. Obviously you would need to use schedule 40 or greater for pressurized water. Schedule 80 would be more than enough for most applications. Heat deflection temperature for PVC is 140-165F; so do not consider se it for hot water. UV and chlorinated water do not pose issues. ABS is generally just for waste water purposes. MDPE is considered the current water main standard Okay, now for some news that you might be able to use. Resin prices for all plastics is up. PVC is up over 10% in the past 9 months. Polypropylene has more than doubled. ABS is also up. Resin producers like Westlake, Exxon Mobil, Oxy, ConocoPhillips, Etc are likely going to be up in fact many have had good run ups already. Perhaps there is additional room for share price improvement. Resin prices are not currently expected to stabilize until Q3 2021, however it is unclear how much producers will be able to take advantage of the situation. Many raw materials are stuck in transit because of the massive backlog in getting ocean freighters unloaded at the ports. At the risk of sounding to tanker gang or potentially spawning freighter gang, attention should be paid to just how much stuff is not getting to market. This is affecting everything from fashion retailers to plastic manufacturing. The ocean freight companies can charge whatever they like.
The two major PEX manufacturers I know about - Uponor and Apollo - are both private companies. There are a few layers to exterior insulation systems, and of course, all the ones with the most promise are private - Huber and imo, Georgia-Pacific. Stupid Kochs! I have looked for investment opportunities in this sector but haven't really hit anything that looks good or that is actually publicly traded, other than the stupid box stores which can be a huge cancer on the building industry in a lot of ways, and I don't like their stock, even if they do earn money. Fire suppression would be done by either converting from a wet system to a dry system (not likely), or more likely will be using a heat-tracing system plus pipe insulation in non-insulated envelops, but I bet that they update code to really limit that like they do in northern climates. The stuff needs to be in an insulated area. Imagine the next freeze combined with an apartment fire from someone using a propane stove stupidly, and suddenly several hundred people are homeless in the middle of a huge power outage and freezing temps. Heat-tracing is also what the TX power plants and refineries should have been using and weren't, except for El Paso. Spirax-Sarco and Thermon are big into that but there are probably other brands I'm not aware of. Thermon is in a bit of a dip right now and might be worth more research. Whether apartment buildings are going to be forced to retrofit for this, I don't know. It seems like a no brainer for me. I always recommend homeowners to use frost-proof hose bibs even in areas where they are not required because guess what happens sometimes. Big apartment complexes won't spend money on this unless they have to, or its new construction with new code requirements. After a huge freeze in 2011 that cut off power and water to El Paso for days/almost a week, the city spent some money on upgrading water supply for freeze protection and upgrading the power plant north of the city. I have been trying to find more specifics on who it was that did that work and what products they use, because I bet that ERCOT will look in that direction for their upgrades that they are gonna *have* to do if ERCOT wants to survive and save any face whatsoever, esp with Brazos declaring bankruptcy and possibly some more coming.
Good stuff. If you have any thoughts on the insulation companies, I'm sure people would be interested. Almost all the HDPE manufacturers I could find for PEX were Private, but I didn't look very hard. armacell was a potentially good stock for pipe insulation, but it is now owned by Blackstone so not so easy to invest in directly.
I don't think we'll see any uptick from manufacturers for fixing existing damaged water lines. Regardless, since it's still big builders that are driving the overall usage patterns for various materials, and they only do what the building codes require. What I *do* think we'll see is updating building codes that address *installation methods* using these existing materials. A lot of the failures I saw were water and fire suppression lines run in uninsulated building envelops at apartment complexes. Northern climates already have sufficient building codes to eliminate this issue. Other common failures were externally mounted tankless water heaters in residential settings. The risk of freeze is low in this areas but also castrophic - a lot of people are going to end up with $3,000 bricks in these types of events, instead of a water heater. Building code that mandates clean outs on these so a homeowner could turn off and vacate the water inside of the unit ahead of a freeze could work, but ideally just mandating installation for new construction inside of the insulated building envelope. Anyway, none of this, imho, or the fixes to burst pipes now, really shows a bump in existing PVC, CVPC, copper, or PEX pricing. Fixing *the burst pipe itself* often requires very little material, sometimes just a few inches or feet of pipe + fittings. All the other affected materials and the labor is where the cost is. I'd be more bullish on any publicly traded companies that are in the exterior home insulation field. As R-value requirements go up in all areas, especially with an overall push for more "green" living - aka energy usage reduction - the value of these types of materials and installations will go up. Not many area building codes currently *require* the usage of external insulation, but I think we'll see that as a growth area and more and more big builders will end up making it the norm. The US is just starting to follow this trend, which is already essentially the norm in the EU and Canada.
No. PVC is already what is used in houses for drainage lines in many areas, though some areas use ABS. You can't use it for water supply because it reacts with chlorine and UV radiation, becomes brittle, releases microplastics into your drinking water, or disintegrates and causes the same water supply issues you're saying it can fix (burst pipes). # That's why building codes don't allow PVC in this application because it literally won't work for pressurized water supply lines. **CPVC** is used for water supply lines but its durability is proving to be suspect with brittle failures happening in the 5 to 10 year range, depending on the composition of the water. Additionally, **CPVC suffers the same pipe bursting issued when frozen that copper pipes have.** Everyone is switching to PEX now due to its long term durability (in use since the 60s) and ease of installation advantages over any other water supply piping, esp PEX-A. 90 degree bends, no chemicals needed at joints, and incredibly low reactivity to chemicals in the water make it a no-brainer. Importantly, PEX has incredible rigidity while maintaining its flexibility, so it does very well in frozen pipe situations - often the fittings will fail before the pipe itself bursts, so on enough run, a frozen pipe will only cause a loss of water supply until it thaws, with no damage. Unrelated but if you're building a multi-story home, try to use cast iron for the drop, so that you don't hear every toilet flush or sink use as it drains through your walls on the first floor. If you can't use cast iron for cost or installation reasons (cast is more difficult to work with), use Schedule 80 grey PVC for your drops instead of the white Schedule 40. It's thicker walled and will similarly reduce noise like cast iron does.
>What a freeze event might do to chemical leaching by increasing surface area is an open question. It is already something people are conserned about with PEX. Then again in texas nobody will give a shit. [https://www.wateronline.com/doc/scientists-raise-questions-about-pex-pipes-affect-water-0001](https://www.wateronline.com/doc/scientists-raise-questions-about-pex-pipes-affect-water-0001)
See above. Does seem like PEX faired better
They are using something besides pvc now called PEX. But you might look at Home Despot as a larger play.
What about $RLLWF? They own sharkbite which has a line of PEX pipe and fittings.
Fellow Sparky!! I crossed over to the Darkside, but 15 years in trade. You can fish PEX like wire! Get the crimps. And remember, plumbers fuck up our shit and we fix it. We fuck up plumbing and we fix it. Sparkys run the job!
Uponor, PEX? You don't need much in the way of copper to build a house these days.
You're not using PEX in FL? What are they using in resi? Haven't built in FL so I'm curious.
This is a thread ab PEX now
Which is in *no way* a contributing cause to the burst pipes. CPVC is shit. Copper, PEX, or go fuck yourself. One of the three.
PEX is a blessing. Built my house and only ran PEX for the water supply. It has way too many positives to not use it over PVC, and retro fitting shouldn't be terrible. PVC for the drain lines of course. Not saying it's not still a play to go for, because that demand will be so high that it's just whatever is available to buy for the fix.
Plumber here. While modern installations tend to use PEX, CPVC is still a pretty popular choice. You're right the normal PVC can't be used for supply, the same companies make CPVC, so this DD still applies.
Most houses use either PEX or copper lines for water use. CPVC if they’re old enough. I don’t know how well PVC stock will do though with all this.
Home builder I was working with today said the exact same thing. I’m definitely on PEX gang
I build houses in Texas and all we use is PEX. PVC is in the foundation but that is not subject to bursting from the freeze. Only in a few cases
I was told that PVC couldn't be used for delivery of water, only for sewage/drain. Is this inaccurate? And if so, are drain/sewage pipes also freezing and breaking? From what I understand, PEX and copper piping is used for delivery, and that it was primarily delivery pipes that burst.
PEX doesn’t need repairs.
Am Texan. Most houses here aren't going PEX. This was a freak storm and more people want the easy fix right now. We're heading into spring shortly, this was (hopefully) the last bad winter storm for the year. It's copper.
There might be some extra demand for copper but almost all of the major plumbers/re-piping guys in Texas insist on PEX. Might be a good swing trade though with people thinking along this same line.
PEX withstands cold better than copper