WCI Communities (WCI) Sinks On Downgrade, Bankruptcy Fears
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Shares of WCI Communities (NYSE: WCI) are under heavy pressure today (-19%) after Raymond James downgraded the stock from Market Perform to Underperform. The firm said bankruptcy risk is now a likely potential outcome and sees little or no value for equity holders.
WCI Communities, Inc. operates as an integrated homebuilding and real estate services company in the United States.
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WCI
Carl! Where are you when we need you?
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Carl Here
David Atkins on May 25, 2008 08:02 PMI sold this stock a long time ago and got out, you should to