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Meritage Homes Corporation Message Board

  • kenpalley2000 kenpalley2000 Jan 20, 2009 10:16 AM Flag

    back in

    Have followed this stock for about 2 years but believe 10 is good support level. It certainly has bounced between 10 or so and 15 at least 3 times in the past 6 months. I think it will continue to be a volatile stock and a not profitable company for the next 6-12 months. All these idiotic posters tossing around words like turd and dog without giving any useful information merit an ignore click.If anyone has substantive comments they'd be appreciated. I am back in with 2000 shares at 10 but have a sell order in for 12. No guts no glory. In this mornings LA Times it is reported that Southern California new home sales are down 53%. Not a good sign. However I think the new administration will push hard to improve the housing industry condition. Good luck longs.
    Ken

 
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