KBH raised money at $18. It has a strong balance sheet and making money. When it was under $10 it had $5 book value and was losing money. Now book value is moving toward $20. Why would housing collapse. It is very stable.
KBH could be trading at $30 by then. Or $13....either way its an easy relative outperformer in a world of no growth. Good luck.
Anyone think it can bounce big next couple days?
Its a low priced stock but there are tons in the market right now. This doesn't seem like the news that will launch the Mall sector to the next level.
The computers really mess up trading...I really hope the markets crash so they bring back the specialist and turn off the after hours computers
And supply is a record and Drillers have unlimited supply above the market...Where we going from here....I bought UNG $6.92 because I looked at 3 weeks and saw some normal temps....now ma and pa see that same forecast...hasn't changed significantly since 6.92...and none from last week
And the few days that are below normal are barely below normal.
This news wasn't that big of a deal.
Great combination in high yield bust
Most likely. So who knows Nat Gas could be trading $2.15 even if its above normal...termps next month. I mean $2.15 is still giving it away for free. Hard to pick a bottom but hard to get bearish at $1.80.