A Little Tired of This Rally

Posted on April 4, 2008, 12:47 am. 0 Comments

Since early January, MHO has retraced from $6 to $19. Now is a great opportunity to go short on this homebuilder. Also, though I’m no expert at reading a balance sheet, just a cursory look doesn’t instill a lot of confidence.

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This blog is produced by Douglas Ott, an employee of Banyan Capital Management as an outside business activity. As such, Banyan Capital Management does not review or approve materials presented herein. By viewing or participating in discussion on this blog, you understand that the opinions expressed within do not reflect the opinions or recommendations of Banyan Capital Management, but are the opinions of the author and individual participants.

Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security or other instrument. Before investing, consider your investment objectives, risks, charges, and expenses. Any purchase or sale activity in any securities instrument should be based upon your own analysis and conclusions. Past performance is not indicative of future results.

A Little Tired of This Rally

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