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TRI Pointe Homes, Inc. Message Board

  • abcs.learning abcs.learning Sep 18, 2013 5:34 PM Flag

    The short interest in this stock is ridiculous

    2.8 ML shares short in a stock that's a new IPO and only trades about 75,000 shares a day (on a good day), and 150,000 (on a big day). The day is gonna come where all the push-down on this company (and it almost looks like someone has a vendetta against them; it's so relentless, the selling) is going to evaporate with the earnings power and the surge that will happen. It would take 15 to 20 days of buying just to cover all the short positions.

    This is the fastest-growing publicly-traded homebuilder on Wall Street, with incredible forward earnings potential, a clean balance sheet, little debt, and beautiful homes in expensive geographies. I do not understand where all the selling is coming from. I can see no published fundamental reason for it. I fully expect this stock to return to $19-$20 before the close of the year.

 
TPH
15.00-0.26(-1.70%)Jul 2 4:04 PMEDT