Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Contrarian Investing -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (1151)	3/9/2007 11:00:05 PM
From: bmillermn	Respond to of 4080

I have no doubt somebody will step up and try to save them...but it usually is to the detriment to the shareholder of the common stock. With cancellation rates on new homes at 40%+, 15% of the sub prime loan holders delinquent and declining home values, this whole sector is toxic. Here is an interesting website...I could not believe what I was reading. One crazy story. iamfacingforeclosure.com 24 year old kid..owned 8 houses with no money down!