Bzh

If one homebuilder files for chapter 11 look for the DOW to break 13,000......




watch BZH, going to get interesting.

Troubled home builder Beazer Homes (BZH - Cramer's Take - Stockpickr - Rating) said late Friday that it would delay the filing of its June quarterly report with the Securities and Exchange Commission because of issues related to how its former chief accounting officer recorded "reserves and other accrued liabilities" related to land-development costs and costs to complete houses.

 

its going there with or without BZH..

 

Damn skippy. See ya on the pink sheets in a couple months BZH.

 

BZH and HOV. When is BK? Or when is the quick bounceback play next? Is the trap set at 10 1/2 and 9 and 1/2?.

They are back on my radar this week.

 

F me for not buying them. Probably would dump them now into this madness.

 

Dunno. Book value is book value. All are @ or near it.

Fed rate cut will stave off some mortgage blowups/ARMs, for now...

 

okay, these two milked out big gains on fed rate cut day and gave it all back practically by today.

Housing #'s tomorrow are anticipated to be shitty. If not, these two bounce nicely.

If I had to favor one, it would be HOV.