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6 pts

Opinion on  KB Home (KBH)     Sector: Capital Goods  >  Industry: Construction Services
Bearish on KBH ...

Jun 28, 2009 02:09 PM GMT
Return Risk
+3.12% LOW
Associate

Fundamental Analysis  

Second wave of homes to reset has started and is slightly larger than the first.  First wave of people getting unemployment are at the end of their benifits.  Unless the "chosen one" takes notice this round will be much worse than the first and anything to do with housing (already weakened) will tank.


KBH:  This call was made on 06/28/09 @ $13.42
Rating:   Negative   $13.42 (06/28/09)
Closed:   08/18/2009 @ $17.0 (-26.68% in 51 days)
Target:   $6.75 (-49.70%) in > one year


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legan previously rated KBH
Negative +10.71% Bearish on KBH ...
08/19/2009
0
Positive +0.00% housing going down again
08/18/2009
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