RE:RE:Thinking about buying PHM at 62 cents. As pointed out here. There has been stock manipulation on the close for this stock. Unlike the other poster, I don't have screenshots but I've seen, with my own eyes, that type of last second trade manipulation to degrade the closing price multiple time over the last two weeks. I can't recall who the seller was but I'll look for it and will post next time I see it.
For the friday close, you can check for yourself at stockwatch.com this weekend. (I am not affiliated with stockwatch, just an very satisfied user). They offer 30 day free accounts to get you started.
If a stock is manipulated down artificially like this combined with the very strong financial, corporate and pipeline of PHM and oversold condition (a $2 stock falling to 60 in 5 months??) whether it rebounds from here or slightly lower is insignificant if you are here for the mid to long term?
I appreciate that many posters here are daytraders. But that is a different view. And I am not saying investors are better than traders, just that discussions here appear for the past few months appear to turn personal (and nasty?). They are appear to be driven by traders vs investors?
The manipulation is a concern and there are regulations and rules that appear be get broken here. As with any manipulation, the tides will turn and that's the entry point I'm looking for on a stock like PHM.
Thank you and have a good weekend. Last post for today. It's faster to read than type!