Beazer Homes USA (BZH) NewsBite - BZH Covered In Lee Allen Report Today

Posted: Thursday, October 02, 2008 10:29 AM EDT

Beazer Homes USA (BZH) was covered in a Lee Allen Report today and the stock is now at $6.17, down $0.04 (-0.64%) on volume of 120,241 shares traded. To see the report, and read Lee's musings on the mortgage meltdown, go to http://www.iotogo.com/la100208 . Over the last 52 weeks the stock has ranged from a low of $3.36 to a high of $12.49. Beazer Homes USA stock has been showing support around $5.44 and resistance in the $6.76 range. Technical indicators for the stock are bearish and S&P gives BZH a negative 2 STARS (out of 5) sell ranking. We will just watch this one for now. There are no hedged trades we like the look of for BZH. [ABR-Seven Summits Strategic Investments NewsBite]

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