Tuesday, May 6, 2008

Largest Homebuilding Company DR Horton: $1.3 billion Loss

Analysts still can't figure out the home builder stocks. D.R. Horton - the country's largest home builder, reported a loss Tuesday that was 10 times as large as Wall Street expected.
Wallstreet still seems to have no idea what is going on, or the extent of this industry's problems. Is it just me, or is this a classic case of the blind leading the blind? More.