Stock Market

[Richard]

I've been watching the stock for SKY (symbol) for Skyline Corporation and notice that there is a measurable decline in it's value. If one looks at the stock for any given company, would you say that that is an indicator of the MH that that company builds?

[JohnnyJ]

The stock of any company may slide up or down due to a variety of different
economic situations, including company performance. That's why you really have
to be careful in picking a stock.

You really need to know the nuts and bolts of the company, and make your own
decision. The company may have just acquired another company and have
written off bad debt from them, or split shares to get cash for the buyout. You
need as much information as you can get before looking at the stock reports
and going by them.

A lot of stock is heading south right now due to economics. So, I guess the answer
your question is no.

[rmurray]

Every company in the industry has lost 50 to 75% of its value since their highs....
The whole industry is currently in the dumps...As far as the quality of the home...stock price has nothing to do with it...Might even be the opposite..The stock market rewards high profits...not necessarily quality products...
Of course you should be wary if a company is going to make it or not...Witness Oakwood..now in bankruptcy...not servicing any home prior to the bankruptcy except for HUD violations...Thousands of consumers caught in the lurch...

I do not follow Skyline financials...but they have been through all the hard times before and made it...I am sure their sales are off like most.....The only thing you might do is study the financials..paying attention to the cash position vs short term debt to see if bankruptcy might be in the offing...But these studies can be hard to do for the novice (me..maybe you)..

You can buy a 2/10 warranty on a home when you get it...It will extend you coverage of the structure to 10 years and protect you in the event of a banruptcy during the of the manufacturers...A basic structure warranty only costs about $300 with optional coverage running as high as $700...The company will also offer you extended appliance warranties at reasonable prices after the originbal warranties are over...
Good Luck...Go get your home..

[imfine]

Hi. Where would I purchase the 2/10 warranty?