WCI Communities, Inc. (WCIMQ.PK)

SwissFirm (90.71) Submitted: 4/06/08 12:56 PM : Start Price: $3.89 WCIMQ.PK Score: 56.53

this stock has 90% chance of going bankrupt which is not very good for this company.


floridabuilder says: Their debt to equity ratio is 82%............. enough said.... i've blogged enough about debt to equity and its correlation to bankruptcy.


About land book: Your thinking, yes but the auditors..... No, screw the auditors.............. you mean the same auditors that cover companies like Bear Stearns.... don't give me $hit about their book being good because it is not....... I know which builders have good book and which don't............ there is virtually no bid for WCI land and if there is, it is significantly below their stated book

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