The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (169330)	12/5/2008 4:18:00 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

It's got solid support at zero.... Seriously, they have a great portfolio, but their debt situation just keeps dragging them down, especially with Natty selling below 6. And you're aware their CEO had his entire, ginormous stake sold out from under him in a margin call (that one STILL boggles my mind!). At some point they'll be a good value, but that point probably has a single digit designation. ARD has zero debt. That one looks more attractive to me today. Others to consider are XTO, APC, DVN. They'll all make it to the next cycle.

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