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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (57389)	6/9/2016 1:56:28 PM
From: Micah Lance	Read Replies (2) \| Respond to of 78702

The only thing I have seen about TLRD is that Andrew Left of Citron Research is said it's a zero. They actually just sent out a tweet about 35 minutes ago saying : "TLRD is showing that it is the stock version of Pantone 448C. Bankruptcy in the next 12 months. Nothing to save here. DEBT DEBT DEBT" link: twitter.com I know from reading about Dr. Burry he tends to cut his losses quickly for various reasons. I would think/assume that might be the case here. As far as housing, here in Dallas/Fort Worth median home prices have shot up. I was actually researching this the other day. In my zip code, median housing prices rose from ~$217k to ~317k from 1997 to 2007. After 2007, prices bottomed around Q1 2012. From Q1 2012 to present, median housing prices have gone from ~$300k to ~$420k. These rapid rise in prices are mainly due from lack of supply and rapid growth of the area. We didn't really feel the pains of 2007-2008, which I'm not sure was a good thing. On a related note, my coworker bought a home and sold it a year later and made $50k. This seems absurd to me. I say all that b/c I think those new mortgages can be dangerous. They don't seem anything like the mortgages from 2005-2008, however they're reducing lending standards just so people can buy overvalued homes in an economy that's slowing (at best). Low interest rates and low down payments don't mean much if the borrower has an unfortunate circumstance like losing their job or something like that.