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: ChanceIs who wrote (196207)	4/14/2009 11:56:24 AM
From: Perspective	Read Replies (1) of 306849

SAH - Wanna see an ugly balance sheet? How's this for ugly: $2.15B in current liabilities, vs. a TOTAL of $2.0B in tangible assets. Why on earth would anyone lend to this company? (note press release is old) finance.yahoo.com So, what's the stock doing? Going up, of course. This is the kind of foolishness that is unsustainable. Companies like this do not escape the liquidity event horizon... `BC

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