I stop posting in this board for a while As I found out people in this board only like to cherry pick what they like to hear and post for the sake of posting. Very few have an open mind to look through things and post with some analytical substance. Although I still have an interest in PHM and believe there is still some value in it for the price to pay right now I think it is good idea to stay in the sideline. I saw it before with any stocks bombed out like PHM and it takes a very long while to repair the damage. The market would wait if not ignoring it entirely for improvement before taking a hard look at it again. Dead money for a long time. Also the company is still so new and the business model so conceptual one have to wonder can it take another hit with more shoes to drop along the way of healing. It will need tremendous amount of good news to boost confidence, which is hard to come by as an aftermath of the present carnage. The downside risk is still there and so far the management has become a liability with their lack of proactiveness with the shareholders. If one bottom-fishing at the present price for a good management I say we don't read their mind and time will tell how good or bad they are.
I do not mind making less but definitely do mind losing my capital. We still have September and October to go through and they can be heart-breaking months for investors.
Happy investing