Fri, May 24, 2013, 1:15 PM EDT - U.S. Markets close in 2 hrs 45 mins
Ridiculously overvalued.SHORT this POS.
Get used to it. "Negative-tax 'earnings'" as far as the eye can see...courtesy of the Best Congress that Money can Buy. Homebuilders are the new REITs, except that taxpayers pay for homebuilders' 'earnings' while REITs are simply a tax scam.
EPS expects to gain 100% next year.With $0.30 this year est eps, 100% growth will give it one year target $30.00.
I wish it were that easy. This little piggy just might shoot up above 25 before going down. There's a LOT of strength in the HBs.