Does it come as any surprise that Champion Enterprise's stock continues to wallow below $5.oo per share and has dropped as low as $2.64 in recent weeks! The number of large shareholders bailing out and dumping their holdings is staggering. The decision to sell their shares is based on the poor financial performance of Champion.
The shareholders truly have no idea of the problems facing Champion, particularly when it comes to the dissatisfaction associated with the poor quality and number of unhappy modular home customers.
The recent comments on 8/19/2008 had one main thing in common; the overall lack of quality in the modular homes assembled by Champion Enterprises!
A quote from one of the comments, "It was touted as being "the same as a stick built house." Pick-up sticks, maybe. The house is garbage, literally."
The previous quote seems to be a theme with most modular homes that originated in a Champion factory. It certainly is true with the most recent comments and for that matter, with most of the comments when it comes to Champion Enterprises.