How can this stock drop so much? It's not like it was a high flyer to begin with. Homebuyer market on fire the past year and this stock is down. But this company has been improving along with the rest of the homebuilders. It's earnings, though still a loss, are much better than a year ago. Shorts must be in control. Their next earnings, if better than expected, should give this stock a huge boost. But in the mean time, it's killing me.
Management is full of itself. They thought they were so smart. The stock is selling for the equiv., of 2.92 now. They are very smart right. Don't like this CEO as he is not an impressive guy nor is he bright.