This post was just published on ZYX Buy Change Alert.
KBH is a major home builder. The company reported better than expected earnings.
Of special note is the 47% short interest in the stock. High short interest can lead to short squeezes.
Consider initiating or adding on a pull back up to 25% of the full core position size in the new buy zone of $12.31 to $13.66.
This is a very long-term position, temporarily no stops. Very long-term target zone is $24 to $28.
If housing sales pick up, this company is likely to benefit more than other home builders. It is also a prime buyout target.
Caution: Consider not exceeding 65% of the full core position size for the total position size.
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