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 : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (10359)8/7/2006 9:44:52 PM
From: HoodBuilder  Read Replies (1) | Respond to of 19256
 
New to the thread but wanted to comment on the Homies. I'm the managing partner of a subsidiary of a publicly traded homebuilder and I can tell you w/o pause that sales suck! Land under contract that is in the development process is being cut loose left and right and this ship will not be righted for awhile...a long while. Obviously I can't short my parent but I am loaded for bear with BZH Nov Puts. If they for some ridiculous reason levitate the sector I assure you it will not escape the fall swoon. Sales this summer aren't getting better and a double bottom is almost guaranteed.

We have NOT seen the bottom of the homies, trust me.