Dominion Homes' Bad Sales Will Likely Only Get Worse (DHOM)

| About: Dominion Homes (DHOM)

Dominion Homes, Inc. (DHOM) reported home sales, deliveries and backlog for the three months ended June 30, 2006. Of course, their numbers stink.

In fact, they even went so far as to sell and then lease back some model homes. The company reported difficult sales, promising to report financials August 3rd.

Can you see the train wreck coming? Is this disclosure?

DHOM 1-yr chart:

DHOM 1-yr chart