Otherwise shorting would be TOO easy. Be patient - this turkey will get unstuffed.
Yes, it is like watching paint dry, or televised golf.
The fundamentals are so truly AWFUL that LEN need a miracle just to SURVIVE, let alone to stay anywhere near $15. How anyone thinks rising mortgage rates can aid homebuilders is beyond my comprehension. If mortgage rates click up just 3%, the average monthly payment on a 30 year goes up 50%.
Short this pig on any rallies. Ride it down to 5, then look for easier pickings elsewhere.