You say "I still don't see where SRZ selling off assets and slowing down its development is ever going to make any more money than it does right now."
I say, "Ever hear of Europe? Canada?" SRZ has homes operating throughout Canada, around London, and other projects coming out of the ground, as well as in due diligence throughout the U.K. and Germany.
ALI can't even begin to get into that arena. There is no comparison, except for the industry, between these two companies. Fiscally or culturally.
Covered short today. Still very bearish, just expect the company to do its promote fest prior to earnings release. I'm hoping to short again a few points higer. Third time w/ a profit. Expect the next downturn on this to bring it to well below $20/share, nadybe $15-17.