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SPDR Gold Shares Message Board

  • ben.franklin36 ben.franklin36 Mar 31, 2009 9:37 AM Flag

    Lennar 1Q loss widens to $155.9M

    "Homebuilder Lennar Corp. said Monday it's fiscal first-quarter losses ballooned 77 percent as it booked charges to adjust land and inventory values, while home deliveries and new orders plunged despite stepped-up buyer incentives."

    ..and imho it's going to drop another 40-60%. After all, commodities dropped 60-90% and now housing pricing is merely catching up and has a ways to go down yet...and Shiller at Yale confirms this with his numbers....gl!

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