shorting TOL
any opinions here?
obviously the housing bubble is going to come down. TOL is just about the purest housing company that's a lock to come down as the whole industry slows down. about a month ago i would probably guess that housing has 50-50 chance of growing/collapsing in the next few months, but once it broke down it would stay there. it looks like it finally did, earlier than i thought. any room to go here? another 7-8 point drop in this stock?
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