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Toll Brothers Inc. Message Board

  • sage2123 sage2123 May 1, 2013 10:50 AM Flag

    Two Grand On A Good Day

    We used to have several good commissioned salesmen working for us. They could make two thousand dollars on a good day selling kitchen and bath remodeling projects. Trouble is that that number is what they used to tell people they made. Some days they didn't make anything.

    This is called normalcy bias.

    Toll was a $10 stock for the longest time. The housing boom caused its PPS increase. That, and a lot of 401K money flowing into the market.

    Don't think we'll ever see that kind of market again, but that is what some people are expecting based on current valuations.

    Sentiment: Sell

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