and where are they? ... Back in October they had taken over this board. If they were smart (some of them were and they had this going under 4) and took their profits then they might want to go out and buy a vacation house in beautiful AZ (temperature yesterday 71). I have my license and would be happy to show you around (no foul language though).
Stock is trading for just under book value; only builds new homes in the most desirable U.S. markets. Their homes in Northern CA are now SOLD OUT. They will be beginning a new community of 1,400 homes in Rohnert Park, CA - just north of San Francisco this year.
The kicker: because they are a Canadian company, they only report earnings twice a year. The next earnings announcement is in mid- February. None of the activity of the last 6 months is in the stock. It is completely under the radar. Just like MDC's trading yesterday and today, this one is gonna pop.
See this article on BRP from Barron's last summer:
This up trend looks real. Had people look at our house yesterday and 3 of the homes they were going to look at are sold. They placed an offer on ours and I countered back at full price. Buyers are loosing control!