$3.21
-0.15 (-4.46%)
Standard Pacific Corp. (SPF)
CAPS Rating:
The Company is a geographically diversified builder of single-family attached and detached homes and constructs homes within a range of price and size targeting a range of homebuyers.

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You must be kidding me! I recently ran Piotroski's potential Bankruptcy (Look for the paper in Everyday's website) screener ....3 builders come up SPF is one of them
Govt intervention I can understand...question is will it make buyers come flocking into the market? I don't know - but my bet is in reality it'll take some time to settle this - the obvious winners are the Banks ( mostly the Wall St variety) - both regionals and shaky builders have problems ahead of them