RE:RE:Longhaul I'm surprised u respond to trash messages...Wow a lengthy disclosure of your thought.
Yes, we should all overweight in cash if not totally but close enough. I am watching PHM with interest as I think there is some 'value' in the stock. They really need to demonstrate business as usual and can carry on the strategy to build PHM like in day 1. So it bores down to getting back the market's vote of confidence.
Right now, global issues take precedence unfortunately and the high beta nature means PHM could go further down to unbelievable level. When this is over the market may liook at it again but no way they will cast the benefit of the doubt as yet. See results first and believe later. The process is in a long and winding road and then it is if and only if they can deliver beyond any questions. Thus the risk remains the same and both Dalsin and Greene are a liability to the company while Hoyt has no track record as a good promoter except for running Sleep. Technically it needs to form a base for some time (how long? No body knows). Fundamentally, the market has changed from bad to worse, the longer D&G stay 'calm' (meaning staying away from the press) the uglier it will get and the longer it takes the sentiment to recover along with the share price.
i will not hold my breath for the coming Q2. Remember the Sleep deal - supposedly a good news and every body expected a boost in sp. What followed was really anti-climatic. At best a good quarter will stabilize the price which may find a temporary bottom. But that would enough for me to still keep watch.