KB Home (KBH): The stock ran up (around $19.57). Originally I said that they should sell stock… now they are doing exactly that. This is somewhat bad for the shorts (~34% of the float is short) as intrinsic value will move closer to the secondary offering price. I plan on waiting to see if the short thesis plays out.
I’m not that excited by Summer Infant now and here’s why.
This post gets into the financials and is my attempt at really analyzing this company.
This part provides an overview of the mortgage servicing industry and why Altisource will be a winner in it.
I am not an expert on the mortgage servicing industry but here is what I understand of it.
This post discusses:
A discussion of spinoffs and a shallow first pass at valuing Altisource.
