Fabrive Taylor... Personally, I think you'd be better off doing the opposite of whats he tells you.. what have we learned from the past?
If he's downplaying PHM its for a reason... and he defneitely has his motives for sending these newsletters out. Look what happened to NHC...
The short term is really in the hands of fear and greed. Long term still looking good... Maybe or maybe not positive EPS this quarter, but still good Revenue ($35M +) and ebitda ($8M+).
$155M run rate revenue should get us to at least $200M rev for 2016 with $50M ebitda minimum. Lowering guidance was a great thing, at least they are being honest to us. Better to over deliver then to underdeliver, and they understand that.