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: ahhaha who wrote (92373)10/19/2007 1:51:25 PM
From: GraceZRead Replies (4) | Respond to of 306849
 
Anyone else on this board think RYL is a buy?


I've been here since the beginning of this thread and I've never seen anyone here suggest that a HB was a buy except as a st trade or as a "buy to cover". If they weren't buys when their revs were doubling every couple of years and had PEs in the 7 range, I doubt they'd see them as buys as they all are seeing revs cut in half and PEs are in the 4 range.

It's the problem with being a perma bear, it's never time to buy.



To: ahhaha who wrote (92373)10/19/2007 1:57:56 PM
From: BWACRead Replies (2) | Respond to of 306849
 
<Anyone else on this board think RYL is a buy?>

Yes. As long as you buy a Put with it. But it would be better to just wait. Tax loss selling mania might kick in soon.

At some point the major builders will be buys. They have (or had) the developable land in metro areas all locked up. Gotta have the land to build on. And with each passing year, the local government barriers/fees to building a subdivision go up. Impact fees. Common area donations. Etc. Only the big builders will be doing business by the next cycle.