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Hovnanian is a screaming buy here. The closest builder in market cap is about $1.5 billion. That’s a 1000% from here. $11 in cash but trades at $2.10
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Crap, I gotta start checking this board more often again... Dropped hard on the Lennar rumor I thin, Went under 2.20 this morning, but I just saw this post. Grabbed some at 2.40.
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quote:Originally posted by PCola77: Crap, I gotta start checking this board more often again... Dropped hard on the Lennar rumor I thin, Went under 2.20 this morning, but I just saw this post. Grabbed some at 2.40.
P, $11 in cash!!! Market cap of $150 million. This on is so ridiculously undervalued.
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They built my house. They'll never be overvalued, they suck
No, we had some issues when we had our house built, but I think everyone does. Maybe I'll make some money on their stock to make up for it...
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I thought I would put this on all my threads so to answer all of your questions.
quote:Originally posted by lostone: invester, out of all your picks, which one do you think has most potential starting next monday, a ranking would be nice.. thanx
Well, you have several catalysts for all. NM has the Baltic Dry Index skyrocketing, trades at cash, and is one of the best stocks I’ve ever found. I can say the same about HOV, as it trades WAY under its cash level of $11. I also listened to the KB homes conference call in which they said California has bottomed. That is one of the most significant things I’ve heard in 2 years. Also, YRCW has amended all of its union pacts with cost savings of more than 400 million. The stock trades at about $200 million market cap. I do a hell of allot of research to find these things so to answer your question, I think there all going to run.
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hmm, your NT pick had 3 billion in cash and look how that turned out.. trading .07 now and bankruptcy filing. the cash figure alone is no way to rank a stock. the housing market stinks and HOV is piling up quarterly losses. not saying it won't go up but the fundamentals aren't exactly there.
quote:Originally posted by metal1: hmm, your NT pick had 3 billion in cash and look how that turned out.. trading .07 now and bankruptcy filing. the cash figure alone is no way to rank a stock. the housing market stinks and HOV is piling up quarterly losses. not saying it won't go up but the fundamentals aren't exactly there.
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invester, what do you thnk about hov still? its doing farley well, seems to be steady around 2.80 range and 3.10 range. you in or out right now? short play or long term. thanks man
-------------------- dont make yourself loose money in a stock that you had a resonable profit in
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I think they do well. I also think when the PPS gains a little ground there going to do a secondary offering, thus dilution. I’m not sure how the market will take it. I still think there cheap though.
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