| All home building stocks are on the downside and
are likely to continue lower. But the small home building companies
(market cap less than $400 million) are really on the skids. Three
of the five stocks listed in the following table have dropped more
than 90 percent from their all-time highs.
| Small
Cap Home Building Stocks: Downside Losses |
| Stock |
Symbol |
Percent
Down From Cycle Peak Price |
| Comstock Homebuilding Companies |
|
81.86% |
| Dominion Homes |
|
93.69% |
| Tarragon |
|
97.93%
|
| TOUSA |
|
90.63% |
| WCI Communities |
|
78.10% |
| Note: Price data from www.finance.yahoo.com
as of August 21, 2007 close. |
Related Articles:
buyupside.com
Articles About the Price Downside
Mortgage-Related
Stocks Suffer Large Downside Losses
Sample Portfolio
- Home Building Stocks
Posted August 22, 2007.
|
