Wow 7s? Nice! Sold half of my April 20 calls at open. To bad it sold off from the ah highs. I am hoping we revisit 22s before April option ex day.
Didn't you say the same thing around 5.50? Easy trade, never fails or something like that? Guess it does not matter, the point is no one knows where the bottom is. This is defiantly a different pattern for HOV. As long as I have been here I have never seen this big of a sell off. 6.80 straight down to 4.70s?
Easy come easy go. We had a run from 4.90s or so all the way to 6.80 I think green for 18 days straight. Now all gone in 6. WOW! Getting hammered that is for sure. I this thing does not bounce soon I will have to rethink my long position.
I bought some calls. I think I am going to play just one side on this one. Earnings might not be that great but I am counting on good guidance. GL
As far as I remember KBH has always reported before market hours. KBH has been selling off due to HOV bad q. IMO KBH will report much better as they are in areas where the weather was not as bad.
This stock is being pumped by one of those penny stock news letters. They get you to buy while they sell the pop. Classic pump and dump. That's what the pop to .04 was all about.
Probably means it goes down more. I have been long HOV since late 2011 and I do not remember one time when that man opened his mouth and the stock went up. Long term this will straighten out but it is going to be a long road.
If you are long this stock you have to learn to roll with the punches and keep your eye on the long term goal. Very nice trading with the options if you can time it right. Still long and strong. Have not sold one share!