Dark Money Sell Alert: Take a 144% Profit on D.R. Horton Calls

A month ago, we wrote that DHI could earn at least $5 per share in the fiscal year ending September 2020. Also, we expected investors to get more excited about homebuilders and push DHI’s P/E ratio up by a few points. We had a $70 target in mind. DHI has already exceeded that target after just over a month, so let’s take gains now.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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