BUSINESS SUMMARY
Levitt Corporation operates as a homebuilding and real estate development company primarily in the southeastern United States. The company develops single-family homes, planned communities, commercial and industrial properties, and multifamily complexes. It also engages in the acquisition of raw land; planning, entitlement, and infrastructure development; sale of entitled land and/or developed lots to homebuilders; and commercial, industrial, and institutional end-users. In addition, the company invests in joint ventures and other real estate interests. As of December 31, 2005, Levitt Corporation owned approximately 1,792 homebuilding units and 6,700 gross acres of land. The company was founded in 1982 and is headquartered in Fort Lauderdale, Florida.
I'm smelling a new all-time low for this baby. ;)
Going to play this short tomorrow. I am super bearish on homebuilders >:D.
LEV starting to move and make new 52wk lows >:D.
Nice downside action on LEV today >:D, good for shorts.
There you have it Null, all time low for LEV. ;)
Any other smoking hot short picks you found Terliso? >:D