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

To: Clever Nick Name who wrote (207632)6/20/2009 1:28:06 AM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Yeah, I liked SBH as a short because they spend over 50% of their income on debt service, even in good times. I wonder what got into it to conjure up that late day selloff. From the major holders list, there are only two companies that hold enough of the shares to apply that kind of pressue: FMR and Shapiro. I see that it broke the 200DSMA, too.

BC


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