Why I recently added at .17-.19My first foray into PHM was almost a year ago at .41 and I must say this has been quite the difficult stock to own & buy more of. Price action has been dismal - with nary a pause in the selling.
...yet...
The tide seems to have turned recently. I don't know if this foretells an improvement in the fundamentals - that will take time to play out - but I think we have a real possibility of stable and growing cash flows with the worst of the writeoffs behind us.
So ... Having had the patience to hold and occasionally add from .41 down to .14 I started to add again after the recent volume surge. Beacon's heavy-handed buying seems like informed buying to my untrained eye.
I am thinking that the first few shares I bought at .41 may end up being profitable along with all the other purchases made well below that price.
Will see if this was worth the effort when the next couple quarterly reports come in.