cant really expect much with the housing market the way it is...plus they still have to iron out the issue with the preferred stock. Not many stocks/companies recieved a second chance....IMH (as of now) has a second chance at doing this all over again. Sentiment is hurting the industry which is causeing many to choose renting over buying. Over time this will change. I think we will be doing pretty good this time next year. You will regret selling if you do at this level.
happy 4th all! can some one explain to me why the perferred stock gets brought up from time to time ,when as my understanding is they are not a problem because they are worthless and the dividends never have to be paid to them even if the common gets dividends. thanks