Posted by: Rawnoc Date: Friday, September 28, 2007 3:33:18 PM
In reply to: yafu who wrote msg# 1094087 Post # of 1265964
Bottom line -- shorting homebuilders right now is the EASIEST money I've ever made and will continue to be so. Even easier than shorting biotech and dot coms in 2000. Way easier.
Posted by: Rawnoc Date: Tuesday, October 23, 2007 2:45:06 PM
In reply to: yafu who wrote msg# 1112215 Post # of 1419901
The builders I'm shorting don't have two nickles to rub together yet have billions in debt.
They've NEVER been HERE before. They have record debt vs. cash levels and never had the value of their inventory plunging so fast. The news will be "bad enough" when some of them stop trading because they've filed Chapter 11. Those who survive still have to justify their market caps trading as if the boom is still alive and well.
Easiest shorts EVER still. I'll keep reminding you until they are all trading in the single digits or no longer trading at all.
Posted by: Rawnoc Date: Thursday, November 01, 2007 10:45:50 PM
In reply to: yafu who wrote msg# 1118124 Post # of 1419902
Any upticks in homebuilders and lenders are just more and more profitable shorting opportunities.
Easiest and most obvious money to be made EVER shorting. Still a TON of downside to come. Remember -- Chapter 11 bankruptcy isn't "priced in" until the POS's are trading at ZERO, and certainly not when they're still trading at real estate boom bubble prices. LOL, even the best survivors can't justify such foolish market caps.
Posted by: Rawnoc Date: Thursday, January 31, 2008 3:06:46 AM
In reply to: langlui who wrote msg# 152882 Post # of 185918
Just keep shorting the homebuilders and lenders and forget about them.....
Do your DD and find the worst ones of course, but so many have gone belly up and so many more to go. Easiest money ever.
Posted by: Rawnoc Date: Tuesday, March 11, 2008 11:39:09 AM
In reply to: 3Saints who wrote msg# 155290 Post # of 185918
It's a fix in that it gets people who don't understand what's going on to think that homebuilding and lending stocks trading at 2003 levels are a bargain....LOL
Cover my ass.....short any pop on this garbage. Easiest money ever.
Posted by: Rawnoc Date: Monday, July 07, 2008 2:23:17 PM
In reply to: yafu who wrote msg# 157744 Post # of 185918
Homebuilders and lenders -- did I not tell you about 1000 times that these would be the EASIEST money ever shorting this trash?