InvestorsHub Logo
Followers 3
Posts 156
Boards Moderated 0
Alias Born 11/27/2007

Re: Duffau post# 1037

Friday, 01/04/2008 1:51:42 PM

Friday, January 04, 2008 1:51:42 PM

Post# of 1408
I was also pleasantly suprised yesterday as I was expecting otherwise. If TOUSA can turn green and close above 19 cents, then it'll be bullish next week and may trigger more short covering. Tousa is the rare opportunity that it's already priced for BK and yet has not filed Ch. 11 yet! There is a slight chance it might work out some out-of-court restructuring plans with its bondholders. I don't know what will happen, but hope for the best!

Have good weekends.

PS: the market sucks today!