SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (52139)4/17/2006 10:07:09 AM
From: orkriousRead Replies (1) | Respond to of 306849
 
CTX is the first homie I follow that is now below its March lows. In January it was one of the strongest homies; now it's one of the weakest.

A sign of things to come?



To: John Vosilla who wrote (52139)4/17/2006 10:13:20 AM
From: shadesRead Replies (1) | Respond to of 306849
 
Vosilla the original article said reserves were less than 1% - did they even get that low in the great depression? Who in thier right mind would spread themselves so thin and have no cushion? That sounds like my sister who has to rob peter to pay me and everyone else she is in hock toO!

The following disclosure is not computed in accordance with generally accepted accounting principles ("GAAP")

based on information collected from various regulatory and industry sources, that condominiums will be worth 60% to 80% of cost (not appraised value).

HAHA! BWAHAHA! You make me laugh Vosilla! That was hilarious!