HOV has just seen the last of the selling. Looks like a potential push higher is in store. I started receiving notifications from awe-som*sto-cks the other week and so far they have presented interesting new trade ideas.
The scenarios are quite interesting at current levels for HOV. Im not sure about you guys but awesom*sto-cks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
I think HOV might have reached its upward limit and that a pullback may be possible. awe-some*sto-cks just allerted a new stock - it beats having to dig online yourself for new stock ideas.
The scenarios are quite interesting at current levels for HOV. This is so frustrating trying to find trade ideas. I've subscribed to some email newsletters which helps me with new stock ideas. awesome*sto-cks is the one i like best.
I think the street does not trust what they say and now they are just digging in deeper into the hole. without stellar numbers they will not be able to earn a profit with the added costs being tacked on. their financing was going the wrong way and now its confirmed. Ara is not qualified to run a lemonade stand.
Got slammed here a month or so ago and now HOV is falling again. HOV did file that they issued $440 million bonds at 10.0 % and $440 million at 10.5% costing $86 million in interest. If they retired all the bonds attempted were paying just $62.56375 million and now will be paying $23.43625 million more annually. They also retired just $792 million max and had to issue $840 million to pay the premiums required. They now also owe $48 million more that before they started this effort. That alone cost another $5.04 annually in interest. That's now about another quarter a share annually they have to make up. They did no press release of course and filed after market closed Friday. This thing should drop big time tomorrow. DaninFW https://marketexclusive.com/hovnanian-enterprises-inc-otcmktshovvb-files-an-8-k-entry-into-a-material-definitive-agreement/2017/07/
HOVNANIAN ENTERPRISES, INC. (OTCMKTS:HOVVB) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive
HOVNANIAN ENTERPRISES, INC. (OTCMKTS:HOVVB) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry Into a Material Definitive Agreement. Notes Offerings On July 27, 2017, K. Hovnanian Enterprises,Inc. (“K. Hovnanian”), a wholly owned
I have a feeling HOV will see a pullback now. What yall think? have you guys heard of awe*some*stocks. i started receiving their allerts and so far i am happy.
Still not priced the bond offering, they are in serious trouble.
WITH HOV DOWN ANOTHER 5 PERCENT THIS MORNING- 2 BUCKS IS NOW SUPPORT - BREAKS BELOW 2 AND THE RATS WILL SELL AND JUMP OFF SINKING SHIP !!!!!!!!!!!!!!!!!!!!!! CNBC this morning said sales for homes this year were flat for first 6 months of year!!!!!
As of July -2017--HOV Institutional & Mutual Fund Holders (largest) to date-7/11/17 • Blackrock --------------10.6 Million Shares • Vanguard Group--------5.4 Million Shares • Vanguard Total Fund--2.5 Million Shares • Vanguard Extended----1.4 Million Shares • iShares US--------------2.5 Million Shares • iShares Russell---------1.15 Million Shares
“Follow the MONEY”
That buy at 2.20 mentioned below may be possible soon it may not be wanted now. I wonder what some of the hov bulls have been saying about the lack of action and improvement. its going to be along time if ever to see any real improvement in hov. its just not a player anymore. I bet it kills Ara that hov is not even mentioned big home builders are discussed. that's lenar, toll, pulte, dr Horton.
They haven't made a profit in several years in a incredibly favorable building environment with low interest rates, huge demand with little supply and 8 years of job growth. How on earth are they going to fair when the economy slows down a little. I'm sorry, but this debt ridden low margin builder is going to take decades to be able to grow themselves into a truly profitable builder to compare with the likes of D.R. Horton or Toll Brothers. If you are long in this company, you better have 10 year goggles on.
HAVE A BUY SET AT 2.20 FOR HOV- SHOULD BOUNCE OFF FOR DAY TRADE -
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.7 In other words, the correlation coefficient of the other stocks
Going to pop again! Has good cup with handle pattern on 6 month chart.
WILL DEBT RIDDEN HOV GET BOUGHT OUT OR GO BANKRUPT -NO ONE KNOWS EXCEPT MUM MANAGEMENT!!!!!!!!!!!!!!
HOV Institutional & Mutual Fund Holders (largest) to date-7/11/17 • Blackrock --------------10.6 Million Shares • Vanguard Group--------5.4 Million Shares • Vanguard Total Fund--2.5 Million Shares • Vanguard Extended----1.4 Million Shares • iShares US--------------2.5 Million Shares • iShares Russell---------1.15 Million Shares