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PulteGroup, Inc. Message Board

  • w999surf w999surf Oct 2, 2012 4:27 PM Flag

    Funds,Earnings and the Media

    Fund managers have been using the media to warn on 4Q earnings. They are trying to move the market down so this is their last chance to get into the market before earnings come in. Driving expectations down, we are going to see beats across the board. The movement of these funds into the winners, will cause these stock to move up. I think PHM is one of those stocks that is targeted by these funds and has been beat up in the media in the last couple weeks. Now with today's action in PHM, the bottom has formed and look to big gains heading into earnings as all these funds need to get some homebuilder stocks. And PHM is the top choice!

19.14+0.02(+0.10%)Oct 2 4:01 PMEDT