RE:RE:RE:RE:RE:will we se .49 today?gibbonsj wrote: it was a rhetorical thing, not specific to you. Technically what I see is PHM is ultra sensitive to market and sector gyrations and it needs time in between said gyrations to re-establish its base. The clearest base was forming at .65 to .69 but the news regarding shares for debt killed it. Then came negative market and sectors influences which takes us where we are today. If we cannot get a breather from the market and the sector then sp will likely fall further. It’s a risk off world and PHM is seen as very high risk, although I disagree with that perspective. At this price she’s fairly well de-risked unless of course the numbers are horrendous which I think is doubtful.
For an opinion.... urs is fairly balanced as a current long. The factors at hand are base establishment and tax loss for me. The rest is all fluff that will be either proven or not. Many have been severely burned by optimism or rose colored goggles depending on ur experience.... these maybe still a factor.... though diminished right now. Need to rush in?... not very likely... cheers.