Builders FirstSource, Inc. (BLDR)

[$Money Bags$]

Was looking at SEC documents on BLDR and this pulled up today. Kind of good really.

http://www.sec.gov/news/press/2010/2010-26.htm

[$Money Bags$]

True, could have sold and bought today. grrrrrrrrrrrrrrrr. Someone is buying big chunks of BLDR, just seems to drift down on nothing though. Thought I made my 13-17 flip on LLEG today and then AUTO stepped on my foot. I was green in all my accounts at lunch, came home and it looked like a crime scene. ug

[Zephyr]

yep u were greedy! lol tomorrow. GDP number and Consumer Confidence number should make the markets go green. imho. Z

[$Money Bags$]

Today's close wrecked my chart. I moved my sell to 3.24. I am only asking for a measly $120 profit after fees daily. Is that too much to ask for.lol

[$Money Bags$]

Man, we got spanked at the end of the day today.

[$Money Bags$]

My order of 1k BLDR filled today at 3.11. I immediately put them for sale at 3.28 gtc. Hopefully I can exploit the range. We have some huge jobs coming through at work so I know construction is back in effect, hopefully BLDR is too, haven't seen many orders for them.

[Zephyr]

nice chart I also added today. Holding SPF, HOV, KBH, BZH. KBH my smallest hold....not sure I'll keep it. Z

[$Money Bags$]

Bought some more BLDr today at 3.19. Still have an order in for 3.11, but....

This thing looks like it is priming for a big move, but the small moves it is making in the channel are fine too. The chart really gives entry point ideas and exit for that matter. A person could have bought and sold 1k shares almost every day and made $100 a day. Once I accumulate another 1k or so I might try.

[Zephyr]

wasn't worth it imho. short covering....now it'll fall from here on out. They have nothing left to do but to do years worth of more trials and present again to the FDA. That's only a maybe. Z

[$Money Bags$]

Had a bid in all day for 3.05. Shame on me. I will up it to 3.11 in the morning. I want a full boat, with a side order of flip.

[$Money Bags$]

CTIC would have been a good snap up for whoever managed to buy near that low. It hit .12 at one point, but I couldn't really seem to follow it on my phone today. Now when I get home, even Eturd Pro can't pin down before 1:39.

[$Money Bags$]

I'll keep my eyes on it. I love a good lotto pick.


Watch LLEG, mainly watch AUTO on the ask. They are old restricted shares coming in and taking it down. They did a head fake and let it come up the other day, but continue to pound. I sold at .0017 after buying at .0013 the day before, not bad. Should retrace down, could even hit the trips. The thing is coiled, once AUTO is confirmed off the bid for good, booyah! Until then, I wait for cheapies which could keep coming for a while. Made over 1200% on it last year.

[$Money Bags$]

I haven't found where to host it?

[Tina]

hi digi,

ihub has a great imaging upload/hosting right here.

use this link to upload it and it'll also provide you the posting code.

[Zephyr]

luck there digi...I'm going to sit back and watch what happens.....lotto play if your interested....CTIC...might get FDA panel approval tomorrow. Also HMO's, healthcare and biopharma will do well tomorrow...imho. Z

[$Money Bags$]

I went ahead and put a standing GTC order in for 500 more at 3.05. If health care tanks the market in the morning I should get them. Maybe if it looks like a real murky open I'll drop the bid to 3.01. Maybe I'll try to buy 1k more, don't know, looks good from here though!

[Zephyr]

Evening Tina...yep...but that's older news...since quadwitching...all March shorts had to cover....new update won't be out for awhile...takes 2 or 3 days minimum to see if new shorts have been placed....or if old shorts have just been covered and not replaced. We'll see. Z

[$Money Bags$]

I had a nice chart for you, but couldn't get image shack working tonight. Oh well, basically an upward trending breakout from the descending wedge. GO BLDR.

[Tina]

BLDR showing a pretty sizeable short interest

Short Interest (Shares Short) 5,212,700
Days To Cover (Short Interest Ratio) 12.6
Short Percent of Float 29.60 %

[$Money Bags$]

I tried to sell this morning at 3.29 and couldn't because of these stupid restrictions. It would have been a really good flip. Oh well, maybe the stock will act right every 3 days.lol

[Zephyr]

lol I hear ya. I'd like to see a little profit taking tomorrow...so I can grab a few more...the trend line from the 1st of Feb looks good...nice and slow (except for today lol). Z

[$Money Bags$]

Today had a big move at about the same time as yesterday, only today no one sold it down. I was mega lucky, I got my remaining 500 at market open today. Paid off really well, can't decide whether to sell or not. Might be the real run soon. I might be mad if I try to wash, rinse, repeat and it stays up.lol

[Tina]

Thanks I'm going to have to put this on keep!

Hope BLDR has wiches and warlocks going on with it!

I'm down a pretty a bit.

[Zephyr]

example...if you look at SPY right now you'll see and 8.45M share red spike....that's quadwitching at work. lol Z

[ABIGIDIOT]

comon huh !!!! some witch probably came up with it !!! speaking of which, you've been rather textually active lately !!!

>>quadwitching<<

never heard that term before!

[Zephyr]

your kidding??? Quadruple Witching days occur on the third Friday of March, June, September and December.

The last hour of these trading days, from 3PM to 4PM EST, is referred to as the "quadruple witching hour."

The term "triple witching hour" originated in 1980s

"Quadruple Witching" is a term that stock brokers use to refer to a day on which four major contracts - stock index futures, stock index options, stock options and single stock futures - all expire. Trading on these days is typically volatile, especially during the "Quadruple Witching Hour", which is the hour before the markets close (3 p.m. to 4 p.m. ET). Quadruple witching happens on the third Friday of March, June, September, and December.http://www.investopedia.com/terms/q/quadruplewitching.asp3


The reason that a quadruple witching day may have volatile trading conditions is that many investors want to unwind their interests in futures and options contracts prior to the contract expiration date. Stock trading increases as investors replace or repurchase existing contracts.http://web.streetauthority.com/terms/q/quadruple-witching.asp4


A Triple Witching date is an older version of the same occurrence, but without the inclusion of single stock futures expiring.

Quadruple Witching Investing Considerations
Active traders usually want to unwind and repurchase contracts before they expire. The effect of having 4 major types of contract expiring on the same day leads to increased activity on quadruple witching days. The markets on these days are characterized by increased trading volume, as well as increased volatility.http://web.streetauthority.com/terms/q/quadruple-witching.asp5 This creates both risks and opportunities for investors.

============================

A lot of volitle action actually happens 2 to 3 days in advance of the "witching" day you'll can see stocks swing wildly if their heavily shorted or heavily call bought.



Z

[Tina]

>>quadwitching<<

never heard that term before!

yes, it's green!

Builders FirstSource Inc. $ 3.26
BLDR 0.16

Short Interest (Shares Short) 5,212,700
Days To Cover (Short Interest Ratio) 12.6
Short Percent of Float 29.60 %
Short Interest - Prior 5,130,400
Short % Increase / Decrease 1.60 %
Short Squeeze Ranking™ 259

[Zephyr]

BLDR popping today...quadwitching...short covering? we'll see. Z

[Tina]

lol you're as bad as me in wanting to get in at the lowest pps possible!

[$Money Bags$]

Thanks, still kicking myself for canceling my order the other day because I still got put on 90 day restriction anyway. grrr.

[Tina]

well you're in much lower than I am so congrats

hopefully, BLDR recovers and we both do well

congrats on the low buy

[$Money Bags$]

Bought 500 at 3.09 after having an order in low and then bumping it up. Only got a partial. May not stay in real long if it doesn't act right. Was looking to buy 1k. Sadly, whoever bought that huge chunk of about 100k only took it up for a minute, then it trickled down on crap volume. They just did that debenture offer, shouldn't be issuing any new shares, not to mention the debentures can't be redeemed until 2012 right?

[Tina]

oh sorry to hear!

I'm sure you'll have other opps

have a good night

[$Money Bags$]

Man crapper. I had a bid in at 3.06 and today at lunch had to take it off as I make a faster trade than expected on a stock in my roth and had to leave money so I wouldn't get the 90 day restriction again. What a bummer, it went to 3.03. ARGHhh. I think there will be a slow churning up from here. I haven't seen a bunch of BFS orders come through lately, but the local market here is better so I can only guess the local BFS is seeing some love.

[$Money Bags$]

I had an order in at 3.05 the last few days. I was really hoping for the dip. Locally we are seeing things picking up a bit and at work too. I might raise my bid a little, maybe 3.08.

Looks like if we could cross the 50ma we could have so running room. Chart is kind of a descending wedge so a break out seems ready. The home reports could be the catalyst. Plus, we won't be seeing those debatures til 2012.

[Tina]

Did you take the plunge?

home reports out next week

[$Money Bags$]

I think I'm about to buy in. I've been procrastinating when I could have made good coin. Probably try 3.05 or so.

[Tina]

Short Interest (Shares Short) 5,212,700
Days To Cover (Short Interest Ratio) 12.6
Short Percent of Float 29.60 %

[Zephyr]

might work. watching. Z

[$Money Bags$]

I have been considering putting in an order at 2.95 to try and flip to 3.05ish. Since the convertibles aren't due until 2012, the potential could be there.

[Zephyr]

15:44:00 Today Bank Foreclosures Sale Reports Fewer Foreclosures in January


Bank Foreclosures Sale Reports Fewer Foreclosures in January

MIAMI, March 1, 2010 /PRNewswire via COMTEX/ -- New statistics from Bank
Foreclosures Sale, a leading online provider of foreclosure listings and
information, reveal that foreclosure rates in states across the nation were down
significantly during January. Nationally, the number of foreclosures for sale
fell by 10% from December to January, with a total of 315,710 foreclosure homes
reported. While these figures do indicate that the new year seems to be getting
off on the right foot for buyers and investors, experts point to the fact that
this month's total may be down, but is still 15% higher than it was in January of
2009.

However, there are plenty of positive signs out there, especially when you narrow
in on the statistics for regional markets. For example, the top 6 states for
foreclosure rates, Nevada, Arizona, California, Florida, Texas and Illinois,
accounted for 60% of the national foreclosure property total. However, these
states are not seeing anywhere near the foreclosure growth rates that they have
previously. Texas and California saw their foreclosures drop by roughly 11%,
while Florida experienced a 14.9% decrease in foreclosure homes.

Similarly, Phoenix, AZ was the only metropolitan area in the Top 10 for
foreclosures to see an increase in January, and it was only a 4% gain. Other
cities, such as Orlando, FL; San Bernardino, CA; and Cape Coral, FL all saw
significant decreases.

"These are some of the biggest foreclosure inventories in the nation, so this
should be a signal to buyers," remarked Simon Campbell, a Business Analyst for
Bank Foreclosures Sale. "Less foreclosures means climbing home values, and with
sale prices for foreclosed homes already looking up in many areas, this could be
the beginning of a great year for buyers."

Other areas with notable decreases in foreclosure homes during January were New
Jersey, down 39.3%; North Carolina, which fell 11.3%; Ohio, down 5.5%; and
Alabama, where foreclosures dropped by 28.4%.

Some states did see hikes in foreclosures during January, but interestingly these
are not areas usually associated with high foreclosures. Experts believe that
Nebraska, up 68.4%; Oregon, increasing by 13.5%; and Delaware, rising 78.9%,
could be experiencing the effects of unemployment and the economic recession
rather than the flooded market and inflated mortgages driving high foreclosures
in the Sun Belt states.

To stay informed about the latest foreclosure news and information or to search
foreclosure listings in your area, visit BankForeclosuresSale.com.

*(LOGO 72dpi: Send2Press.com/mediaboom/10-0301-bankfcsale_72dpi.jpg)

This release was issued on behalf of the above organization by Send2Press(R), a
unit of Neotrope(R). http://www.Send2Press.com

SOURCE Bank Foreclosures Sale

Copyright (C) 2010 PR Newswire. All rights reserved

[Zephyr]

01:58:49 Today BRIEFING.COM Builders Firstsource beats by $0.05, misses on revs


Reports Q4 (Dec) loss of $0.37 per share, excluding non-recurring items, $0.05 better than the First Call consensus of ($0.42); revenues fell 20.2% year/year to $154 mln vs the $156.8 mln consensus.

[Tina]

That's good news!

[Zephyr]

14:00:41 Today C.A.R. Reports December Home Sales Increased 1.7 Percent; Median Home
Price Increased 8.4 Percent


C.A.R. Reports December Home Sales Increased 1.7 Percent; Median Home Price
Increased 8.4 Percent

LOS ANGELES, CA, Jan 22, 2010 (MARKETWIRE via COMTEX) -- Home sales increased 1.7
percent in December in California compared with the same period a year ago, while
the median price of an existing home rose 8.4 percent, the CALIFORNIA ASSOCIATION
OF REALTORS(R) (C.A.R.) reported today.

"As expected, the large year-to-year sales gains have diminished substantially
compared with earlier in the year," said C.A.R. President Steve Goddard.
"However, home sales in December were strong, and were comparable to sales of
late 2008. Activity in December can be attributed in part to the extension and
expansion of the home buyer tax credit, as well as near-historic highs in
affordability due to current price levels and low interest rates.

"For the second consecutive month, California's median home price rose
year-to-year in December, and had the largest year-to-year increase in more than
three years," said Goddard. "The state's median price also remained above
$300,000 for the second straight month."

Closed escrow sales of existing, single-family detached homes in California
totaled 558,320 in December at a seasonally adjusted annualized rate, according
to information collected by C.A.R. from more than 90 local REALTOR(R)
associations statewide. Statewide home resale activity increased 1.7 percent from
the revised 549,190 sales pace recorded in December 2008. Sales in December 2009
increased 4 percent compared with the previous month.

The statewide sales figure represents what the total number of homes sold during
2009 would be if sales maintained the December pace throughout the year. It is
adjusted to account for seasonal factors that typically influence home sales.

The median price of an existing, single-family detached home in California during
December 2009 was $306,820, an 8.4 percent increase from the revised $283,060
median for December 2008, C.A.R. reported. The December 2009 median price rose
0.8 percent compared with November's $304,520 median price.

"Home sales were unusually strong in December and were more consistent with peak
season trends," said C.A.R. Vice President and Chief Economist Leslie
Appleton-Young. "Historically, the median price declines November through
February and then rises in March. However, lean inventory, historically low
interest rates, and incentives for home buyers have resulted in California's
housing market experiencing non-seasonal variations.

"Looking forward, we expect the state's median home price to fluctuate around the
$300,000 level throughout the first quarter," said Appleton-Young. "While we
expect to experience price gains in the near term, it remains to be seen how the
market will fare once the Federal Reserve discontinues its purchase of
mortgage-backed securities."

Highlights of C.A.R.'s resale housing figures for December 2009:

-- C.A.R.'s Unsold Inventory Index for existing, single-family detached
homes in December 2009 was 3.8 months, compared with 5.6 months (revised)
for the same period a year ago. The index indicates the number of months
needed to deplete the supply of homes on the market at the current sales
rate.
-- Thirty-year fixed-mortgage interest rates averaged 4.93 percent during
December 2009, compared with 5.29 percent in December 2008, according to
Freddie Mac. Adjustable-mortgage interest rates averaged 4.31 percent in
December 2009, compared with 4.97 percent in December 2008.
-- The median number of days it took to sell a single-family home was 35.3
days in December 2009, compared with 46.3 days (revised) for the same
period a year ago.



Regional MLS sales and price information are contained in the tables that
accompany this press release. Regional sales data are not adjusted to account for
seasonal factors that can influence home sales. The MLS median price and sales
data for detached homes are generated from a survey of more than 90 associations
of REALTORS(R) throughout the state. MLS median price and sales data for
condominiums are based on a survey of more than 60 associations. The median price
for both detached homes and condominiums represents closed escrow sales.

In a separate report covering more localized statistics generated by C.A.R. and
DataQuick Information Systems, 146 of the 383 cities and communities reporting
showed an increase in their respective median home prices from a year ago.
DataQuick statistics are based on county records data rather than MLS
information. DataQuick Information Systems is a subsidiary of Vancouver-based
MacDonald Dettwiler and Associates. (The lists are generated for incorporated
cities with a minimum of 30 recorded sales in the month.)

Note: Large changes in local median home prices typically indicate both local
home price appreciation, and often, large shifts in the composition of housing
market activity. Some of the variations in median home prices for December may be
exaggerated due to compositional changes in housing demand. The DataQuick tables
listing median home prices in California cities and counties are accessible
through C.A.R. Online at
http://www.car.org/marketdata/historicalprices/2009medianprices/dec2009medianprices/.

-- Statewide, the 10 cities with the highest median home prices in
California during December 2009 were: Beverly Hills, $1,400,000;
Los Altos, $1,340,000; Laguna Beach, $1,230,000; Manhattan Beach,
$1,165,000; Palos Verdes Estates, $1,160,000; Palo Alto, $1,066,000;
Los Gatos, $994,500; Newport Beach, $938,500; Rancho Palos Verdes,
$900,000; and Santa Monica, $852,500.
-- Statewide, the cities with the greatest median home price increases
in December 2009 compared with the same period a year ago were:Laguna
Hills, 62.9 percent; San Juan Capistrano, 37.2 percent; Fairfield, 30.9
percent; Tustin, 27.1 percent; El Cajon, 26.7 percent; Thousand Oaks,
19.5 percent; Escondido, 18.4 percent; Costa Mesa, 17.3 percent; San Pablo,
16.6 percent; and Encinitas, 16.3 percent.



For sales and price tables, please visit
http://car.org/newsstand/newsreleases/dec09salesandprice/.

Leading the way...(R) in California real estate for more than 100 years, the
CALIFORNIA ASSOCIATION OF REALTORS(R) (http://www.car.org) is one of the largest
state trade organizations in the United States, with more than 163,000 members
dedicated to the advancement of professionalism in real estate. C.A.R. is
headquartered in Los Angeles.

Multimedia:

-- Click here to view Unsold Inventory by price point.

-- Click here to view a data table comparing peak prices and current prices in
areas throughout the state.

Quick Facts:

-- Existing, single-family home sales increased 4 percent in December to
a seasonally adjusted rate of 558,320 units on an annualized basis.
-- The statewide median price of an existing single-family home increased
0.8 percent in December to $306,820, compared with November 2009.
-- C.A.R.'s Unsold Inventory Index fell to 3.8 months in December, compared
with 5.6 months in December 2008.



Media Contact:
Mark Giberson
[phone]
Email Contact




SOURCE: CALIFORNIA ASSOCIATION OF REALTORS?
http://www2.marketwire.com/mw/emailprcntct?id=1432C6ACA1E143C3


Copyright 2010 Marketwire, Inc., All rights reserved.

[Miriad]

So how did BLDRR work? I have some shares and want to convert. How do I go about doing that?

[$Money Bags$]

Time is of the essence. Looking better.

[blackrock_2]

if this level holds after lunch , we could see a reversal

[$Money Bags$]

It is a risky scenario.

This has been a really good year so far except me stopping out of one of my flips gone awry. EGLE, CREE, and PACR are looking real good. I bought a bunch of AOD and CWF today for kind of a long term hold. Good divi's. Fingers crossed to a really good year!

Did I mention CREE is a monster!lol

[laurap]

todays dip helped me out, i was able to get out flat.

had to put in to much to average down to hold over the weekend and be comfortable about it due to xdate.

pretty screwy set up for sure! thought the chart was showing me a bldr bounce, it does a good one from time to time but not this go round.

oh well...

[$Money Bags$]

You either have to buy the same amount of shares of BLDR at a price of 3.50 or they expire. This was a pretty messed up way to do what they are doing. Someone could have easily shorted either stock to buy back BLDRR shares cheap. The perfect storm but BAD for BLDR supporters.