Standard Pacific will end up in bankruptcy within six months, final answer.
Forget their balance sheet, stock price, etc. Has anyone ever liked their product. In a Motley Fool, don’t buy the stock if you wouldn’t buy the product analysis, I hate their product. It’s not that they are bad, they just aren’t impressive and cost more than the competition. I’ve toured four of their developments and only one model impressed me as being well designed. They seem slow to cut prices and have the worst inventory situation in my neck of the woods, yet they have no urgency about them while the other builders have their hair on fire.
