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Standard Pacific Corp. Message Board

  • leah9800 leah9800 Jul 5, 2013 4:30 PM Flag

    Zacks upped many builders to str. Buy last week ??????

    After the Fed. Scare !!!!! Nice call, Idiots !!!!

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    • I have ZACKS Premium service that I check every day at 0300hrs when they update but I don't remember Zacks ever rating SPF a #1 , today they are #2 but their are 4 strong buys from other brokers. ZACKS only uses hard core numbers in their model and the numbers for SPF are great but their is a FEAR in the mortgage markets that higher interest rates will cut into future sales. After several days of losses and more loses today I dumped half of my SPF today to have some dry powder for monday. I think the fear factor will continue for awhile but I may be wrong.

      • 1 Reply to superbowl6wins
      • I guess I may have bought your shares today? It is the first time I have taken a position in SPF.
        The SP dropped quite a bit after I bought early in the morning, so I watched for awhile and bought the same amount to lower my average PPS. At the end of the day, my average PPS was the same as the closing price.
        We'll see what happens on Monday.
        Good Luck!

        Sentiment: Buy

8.84-0.06(-0.67%)Jul 6 4:04 PMEDT