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Toll Brothers (TOL +3.9%) rallies after ebullient CEO Douglas Yearly tells CNBC he sees...

Toll Brothers (TOL +3.9%) rallies after ebullient CEO Douglas Yearly tells CNBC he sees "improvement everywhere," adding that his company feels "the best" it has in five years. Although TOL reported a FQ1 loss, Yearly says orders were up 43% in the first three weeks of February. Rival homebuilders also jump: PHM +3.9%, DHI +2.7%, LEN +2.7%.
Comments (2)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    Was there a followup question as to what else Mr. Yearly is seeing these days? Like pink elephants? Big, hairy, purple spiders on the walls of hotel rooms? Etc? Just wondering...
    29 Feb 2012, 10:44 AM Reply Like
  • Jason Tillberg
    , contributor
    Comments (1237) | Send Message
     
    You go from making $20 an hour to making $5 an hour, then get a 50 cent raise and your all ecstatic.
    29 Feb 2012, 10:53 AM Reply Like
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