Beazer Homes BZH going bankrupt?

Discussion in 'Trading' started by capmac, Aug 1, 2007.

  1. capmac

    capmac

    BZH Beazer Homes -21% selling accelerates in past 10 min... hearing weakness due to a rumor making the rounds that co may not survive (10.90 -3.09) -Update-
     
  2. Wow, I just watched it fall 7% in one update on Yahoo!
     
  3. And another 4%
     
  4. Viva no uptick rule!!
     
  5. Down 32% within a matter of minutes
     
  6. moved back up 30% in 10 minutes
     
  7. it's just the market getting rid of excess. too many builders, not enough buyers.
     
  8. The company has been here before in the '90's.