CALC – A Calculated Move
September 21st, 2009
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I’ve had my eyes on CALC for a few days now and just noticed that it started to make a move today. California Coastal Communities (NASDAQ: CALC) ended the day at $1.70, up 13% on 6x average volume. I’ve been wondering when CALC will get some attention because it has a book value of $5.42 and yet, it trades at such a discount to book. Furthermore, the whole homebuilder sector has made a nice rally lately but CALC hasn’t made much of a move [...]
