Two Companies reported earnings in our portfolio on Sep 3rd:
Reuters reported that "Hovnanian Enterprises Inc's (HOV) results were far worse than Wall Street expected, while Toll Brothers Inc's (TOL) loss was half what analysts had anticipated."
Deutsche Bank Securities Inc. is holding a Homebuilding Symposium on Sept 22, Pulte--the Builder- Developer for Sun City Hilton Head , Meritage homes and others will make presentations.
We started our paper trading builders's portfolion as of 8/29/08 (We are not giving investing advice.)
This portfolio was up by 11.25 % at Friday's close.
Here's where we are as of 2:20 PM today (09/08)
| Name | Symbol | Last price | Change | Shares | Cost basis | Mkt value | Gain | Gain % | Day's gain | Overall Return |
| Meritage Homes Corporation | MTH | 24.9 | -2.3 | 270 | 6333.75 | 6723 | 389.25 | 6.15 | -621 | 6.15 |
| Pulte Homes, Inc. | PHM | 14.69 | -1.53 | 310 | 4509.25 | 4553.9 | 44.65 | 0.99 | -474.3 | 0.99 |
| NVR, Inc. | NVR | 552 | -66.06 | 8 | 4791.75 | 4416 | -375.75 | -7.84 | -528.48 | -7.84 |
| Beazer Homes USA, Inc. | BZH | 8.09 | -0.83 | 718 | 5009.41 | 5808.62 | 799.21 | 15.95 | -595.94 | 15.95 |
| Toll Brothers, Inc. | TOL | 24.45 | -2.02 | 200 | 4984.95 | 4890 | -94.95 | -1.9 | -404 | -1.9 |
| KB Home | KBH | 21.25 | -2.29 | 240 | 5001.75 | 5100 | 98.25 | 1.96 | -549.6 | 1.96 |
| Orleans Homebuilders | OHB | 5.34 | -0.04 | 1020 | 5002.95 | 5446.8 | 443.85 | 8.87 | -40.8 | 8.87 |
| Hovnanian Enterprises, Inc. | HOV | 6.3 | -0.96 | 700 | 5009.95 | 4410 | -599.95 | -11.98 | -672 | -11.98 |
| D.R. Horton, Inc. | DHI | 12.66 | -1.45 | 401 | 5005.42 | 5076.66 | 71.24 | 1.42 | -581.45 | 1.42 |
| Centex Corporation | CTX | 16.8 | -1.58 | 308 | 5000.71 | 5174.4 | 173.69 | 3.47 | -486.64 | 3.47 |
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