KB Home (KBH) stock is long from $16.15. It just ticked at $36 in the pre-market after reporting earnings better than consensus and the whisper numbers. 30% of full core position size is being held.
Congratulations, you more than doubled your money in KBH.
This shows the power of contrary investing and knowing what is really going on. When we were calling for accumulating KBH stock, most of Wall Street was calling for selling the stock. As prices dipped on Wall Street calls to sell the stock, we were more than happy to take the other side and buy the stock cheaply.