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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (92378)	10/19/2007 1:58:26 PM
From: Travis_Bickle	Read Replies (2) \| Respond to of 306849

Crazy Ass Grace, I posted a builder buy just today, lots of us are long miners, when have you ever posted a position? Answer: Never

To: GraceZ who wrote (92378)	10/19/2007 2:04:43 PM
From: Smiling Bob	Read Replies (2) \| Respond to of 306849

I might consider it a long term buy around 10 or so, possibly for dividends Other than that, it would be a short term trade for a bounce But RYL is not a company I'd personally invest in due to mgmt and business practices. There's way too much over-saturation in a market that has more waves of supply coming. Speculating on the bottom for most HBs, RYL in particular, is premature. Mortgage and market conditions need to correct. They're a long way from returning to normal

To: GraceZ who wrote (92378)	10/19/2007 2:10:43 PM
From: ahhaha	Read Replies (1) \| Respond to of 306849

Fundamentally, one only needs to decide if RYL will go BK, for, if it doesn't, RYL is a screaming buy. I don't think it will go BK because of its inventory, and because FED said they won't let housing deteriorate further.