DHI ==> The $$$MR. MARKET$$$ Veterans Day Pick

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #46
    I'm still in...I was asleep at the switch again. Maybe today it reaches 30.95?
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

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    • #47
      Huge One,

      I'm like you. I fell asleep at the wheel on this one. I'm in twice, at $$39.30 and at $38.95 (Pre-split prices.) I forgot it split - duh - and wasn't thinking it was around the 15% gain level, which of course it is. I think I will wait for about $31 - $32 a share (post split price) and make almost 20%. As I have said before, I really like this company. But there are so many other Huge One selctions to buy!

      Thanks again,

      the Kid

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      • Karel
        Administrator
        • Sep 2003
        • 2199

        #48
        Originally posted by mrmarket
        I'm still in...
        So much the worse for the whales
        My Investopedia portfolio
        (You need to have a (free) Investopedia or Facebook login, sorry!)

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        • #49
          I'll tell ya what, I just looked at this company again and I like what I see. I understand some people expect interest rates to rise, which in theory would slow down mortgage lending and thus home-building, but I don't think Mr. Greenspan is going to lower than any time soon, after listening to him the past two days on CNBC (yes, I am one of the few people who actually listens to his entire testimony before Congress. )

          The way he supported permently installing the President's tax cuts in his testimony when questioned by Democrats, I really don't see him upsetting the tax-cut led economy revival by raising interest rates any time soon, at least for six months. And at that point, he may get some friendly persuasion from thos in the current administration to wait until after the election.

          Having said all that, I still love the fundamentals of the company and I think I will actually hold onto it looking for a 20 - 25% gain or better. (I know that is against the guidelines set forth by the Huge One, but I really like this company.) I am currently up about 17% on my average share price of (post-split) $26.05.

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