The day traders and the institutions are keeping these curs propped-up. LEN is still paying its divvy !! No amount of reality will work to the short side until the funds and those who own these howlers call "calf-rope ". The builder/developers are past masters at painting the tape;it's an election year and the housing industry can't be allowed to crater..even though they've all crapped-out ! The penny is on the verge of dropping..finally. What's left in 'gubment' stimulii ?
Dangerous Optimism in Homebuilders [View article]