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Hovnanian Enterprises Inc. Message Board

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  • valueseeker890 valueseeker890 Sep 29, 2005 5:00 PM Flag

    See new news article/chart for HOV:

    I remember about August 2002 when the Chartman gave a clear "sell" on HOV, which pushed the stock lower that day. THAT WAS THE ABSOLUTE BOTTOM, the stock never went lower and went on a monster rally over the next few years.
    The Chartman is absolutely clueless, no serious investor would follow such guesses.
    When a company makes over $8 in EPS next year, why should the stock be below 50? That is insane.
    Look at Las Vegas. After their 50% price increases the market went flat for several months, now it is heating up again.
    Look at SPF's orders in So.CA.. After being flat to down since the second half of 2004 they are now picking up again.

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