Jun. 4 at 7:40 PM
$ATWT Everytime this moves up some it will test a new floor (pull back) due to a LOT of day traders, taking profit. It feels like most investors now understand that “The Birch Co.” is preparing to be a residential development company like DHI or KBH, rather than just a home builder (as Angus has eluded to in past conferences). If you look at those stocks, they are both about 3 year lows, primarily due to mortgage interest rates (currently at 6.69% down from 6.96% last week).
As interest rates move down, we will grow wealthy here!!