TOUSA INC Price: 3.30 +0.44 +15.38%
How's that trade working out for ya? Next time I would not bother with the self-congratulation. Even a stopped clock is right twice a day, but not for long.
Man this stock is dragging ass today...I'm confused because doesn't real estate always go up? I mean, the new home market is poised for a huge upside run right?Oh that's right! There's no funny mortgage money for people to buy these POS's anymore is there? And many of the homes purchased with funny money are starting to be foreclosed on. Hell, if you think this is bad wait until next summer when the RE market is in total collapse. This is just a warm-up.
Ooops! Seems to have lost that "oomph" it had yesterday...hope you didn't jump on the bandwagon only to get decapitated this morning.
And it went right back dwon 10% in the AH. This is not a stable stock. Strictly day trader material.