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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Travis_Bickle who wrote (80361)6/28/2007 9:45:20 AM
From: Think4YourselfRespond to of 306849
 
I agree. BZH is in big legal trouble. I have never seen a stock not crater after an announcement like this and the stock price usually doesn't recover for a long time, if ever. Many fund managers don't want that kind of unexploded bomb in their portfolios and will sell the stock at the first sign of this kind of trouble.

I went in and placed market orders right at the open. Should be interesting to see if anyone is willing to try and support the stock.