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Time to buy homebuilder stocks?
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09-12-2007, 07:18 PM
NajdorfDefense
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Join Date: Feb 2003
Location: Manhattan
Posts: 8,227
Re: Time to buy homebuilder stocks?
DHI is not trading at .76 P/B. You fail to understand the most important part of that ratio, or past vs present.
Levitt has suggested they will write their book down by 70%+. Etc.
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