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$0.19 0.00 (-2.70%)
9/5/2008 3:57 PM

WCI Communities, Inc. (WCIMQ.PK)

CAPS Rating:
*

The Company is a fully integrated homebuilding and real estate services company with experience in the design, construction and operation of leisure-oriented, amenity-rich master-planned communities.

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Avatar NeroSagetrade (83.98) Submitted: 11/20/07 8:11 PM : Underperform Start Price: $4.00 WCIMQ.PK Score: 82.33

There is no possible way that WCI Communities survives without announcing a bankruptcy within the next 12 months. Business has turned dramatically lower, even more so than other homebuilders and their only lender has been pretty much unwilling to restructure their massive amount of debt. WCI has a higher debt to equity than basically every other builder out there and frankly Im shocked they havent filed yet. I consider it just a matter of time as the losses mount and their debenture repayments creep closer.





Nero


Sagetrade

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