It was a "Bad Day At Black Rock" for the market.
The lows were littered with housing and mortgage stocks.
Homebanc (HMB) Down to $1.64 as the sub-prime market dies. Was $8.96 at 52-week high.
Novastar (NFI) Among the hardest hit in the lending sector. All the way down from a 52-week high of $38.49 to $3.25.
American Home Mortgage (AHM) Down much less than most. From 52-week high of $36.96 to $19.51 today.
Washington Mutual (WM) One of the biggest mortgage players of all. Down to $39.58 from 52-week high of $47.01.
IndyMac Bancorp (NDE) Caught in the sell-off as well. Traded as low as $27.60 today, down from 52-week high of %50.50.
Beazer Homes (BZH) Being in the home building business ain’t any good today either. Dropped to $31.66 from 52-week high of $69.61.
Pulte Homes (PHM) Another home builder caught in the down draft. As low as $25.51 down from a 12-month high of $41.48.
Accredited Home Lenders (LEND) Almost nothing left of this stock. Hit low of $3.77 today down from 52-week high of $60.13.
Wireless Facilities (WFII) Options issues and a sale of international operations sent this supplier of wireless services down to $1.57 from 52-week high of $4.84.
Shuffle Master (SHFL) Restates 2006 results, the card shuffling and chip sorting company got downgraded all over Vegas. Dropped to a new low of $16.50 from 52-week high of $40.75.
Douglas A. McIntyre