BZH looks like it's setting up for a decent spike upwards. Vol has been contracting for a few weeks now. There's a huge amount of shares sold short. Aditionally, looks like some decent call buying came in over the past few days in oct and nov 10 strike. I'm not sure what the catalyst would be but to me it looks like it's going to surge in the next few days. I bought a few today.
I see a Livermore style buy signal about 19 September 2007 at about $ 11 / share. The small volume increase on 19 September suggests to me that some people with a lot of money are trading BZH using Livermore rules. I remember my system generating a buy signal for another real estate stock yesterday (10 October 2007). I am wondering if the real estate bust is ending.