That was me. It would be a bargain at $9 if MTH does not go BK. I will watch the long term, intermediate term, and short term trends on MTH. I would not buy this until technical analysis says it has bottomed. That could be at $5 for all I know. Never try to catch a falling knife. It will also depend on the psychology once everyone realizes that we ARE IN A Primary BEAR MARKET.
The market is oversold now but I would not play a bounce up although it is over due for one. Patience is the key until the market bottoms, then fundementals will be important (will MTH go BK ?). If MTH survives, it will be a fantastic buy.
Are you even serious at all, take it private WHY??? They have gotten their goods, they have sold the stock, raised money from shumck shareholders. Sold their stock at a much higher price. So now would you as management, BUY back a company with free clean money, a company that most likely has a negetive net worth. A company that would have potential legal actions against it. They would at best, let it go BK wipe out the debts, let the shareholders hold the bag. And then try to pick up the pieces in a few years. Why would they buy. It makes no sense AT ALL!!
The housing crunch will last well into 2009 and many of the small and mid-size home builders will go bankrupt. The housing industry will be better off after the pain. Just don't be a fool and suffer that pain yourself.
Why the hell would anyone care what you think if you dont understand what shorting means? Are you actually even in this stock? You keep saying BK like it has something to do with shorting. What a chowderhead.
Your opinion is pretty worthless to me if I have to explain days to cover, etc. Sorry to have bothered you, you goofy pumping dipshit.