Just look at whole housing group! Whole group got dump today even with RYL and PHM came out with very good earnings. This market is manipulated by institutions. Whenever they want to shake the tree, they shake it big time!
On the conference call, they dodged a few questions regarding how they will handle a certain charge to ebitda that is coming next year. Though they guided up for this quarter (judging from the math with their guidance for the year) they were very evasive about next year. Might not be as good as this year. Thats why its selling off... Along with trading at a higher multiple than peers.