USG will definitely will be insolvent next quarter.
Housing starts showed some winter volatility in January by declining and showing possible lingering effects from Hurricane Sandy. However, permits continued to trend upward at a moderate pace. In January, housing starts declined 8.5 percent, following a sharp rebound of 15.7 percent in December.
The heavy snow in the North East has knocked 2 or 3 weeks off the winter building quarter. So SANDY rebuilding will be postponed, probably till March. I has also been a very wet winter, which has slowed foundation excavations of commercial and residential properties.
So all USG has to lose is another 19+ million and they'll have a negative equity. It's Hard to believe this company once had 2.2 billion in equity. I guess you can chalk that up to great management (?)
OMG....Yeah..Yeah.. Yeah.. You have been spouting this nonsense since USG was sub $5... I am still up over 500% and you have lost a lot of money buying puts all the way from $4+ to $31..
HOW STUPID CAN A PERSON BE? You really need to be commited.. Your hatred of USG (because they fired you for just cause) has really gotten into your head. You are no longer rational. Talking to yourself with all the different alias's over the years is getting worse. You are fooling no one but yourself..