yeah, WLH has practically doubled since a few weeks prior to the last earnings report where they beat on EPS by a few cents and lowered guidance. reality may be setting in as the next earnings report nears. a miss or another lowering of guidance probably won't work out so well this time around. move some over to LGIH. that one is not overbought like WLH.
that's a beautiful thing. as long as we all get rich, no harm done. better than finding the cure to the rarest of diseases and having no one to sell the product to.
i repeat, they won't be able to cover int exp and BK is likely. i finally gave up on this garbage company that has a crazily outsized debt due to the purchase of a company much larger than themselves. leverage can be good, but it is also VERY risky, and in this case the risky side is going to win.
that is the ultimate betrayal by a company against the little guy who generally doesn't hold large positions going into earnings.
i tried this once with a company in the gaming business and it didn't work (EVRI). wayyyyy too much risk here. i'd short this thing for the long haul. BK within about 3-5 years.
dig deeper on AMAG. its going to get ugly there. dont' just rely on Yahoo's earnings estimates.
i'm not going to say management is inept or bad in any way. they just are too small to have any impact and the odds are stacked against them to gain any traction because of their size.
yeah, and at $5 they expire worthless. great bet ... idiot.
trump and hillary not good.