Money Investor
Long/short equity

MDC Holdings: Value Can Only Be Ignored For So Long

MDC Holdings (NYSE:MDC) has been unfairly placed in the penalty box over the last few months, gradually seeing its stock price fall even as the overall market has been relatively flat in the midst of the price gyrations it has seen. As a company I have previously chronicled, this looks to be another great opportunity to enter into what could be a long term position in a well capitalized risk adverse company that pays a dividend currently yielding 3.6% which is unmatched by any of its peers. However, this article is going to focus on the short term bounce that I see coming over the next few weeks on the back of industry wide and company specific earnings...

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