stock

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http://www.dojispace.com/stock-picks/pulte-homes-stock-price-PHM.aspx

44+ in 2006.
6.2 at close yesterday.

some say it's the economy.
some say it's the housing sector.
some say it's Pulte buying Centex.
Pulte says it's "goodwill impairment". (reference below)
I say that it's "goodwill impairment" also--poor product and poor treatment of customers.


reference: http://www.realestatechannel.com/us-markets/residential-real-estate-1/real-estate-news-home-builder-stocks-pultegroup-inc-richard-dugas-centex-corp-stephen-east-ticonderoga-securities-new-home-construction-pulte-homes-3475.php

"Pulte has now written down $1.15 billion, or 83%, of the original $1.395 billion goodwill recorded, according to Credit Suisse."
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