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Are you doing your homebuilder homework?

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November 28, 2008 – Comments (2)

I defer to Floridabuilder on all things homebuilder, but if you have followed his advice on what to look for in a potentially bankrupt public builder, and you've looked at some recent press releases, you will, I believe, see some of what he's been talking about...

As some of these continue to pop up, I'm putting in place some speculative short positions. Small moolah, capping the potential losses, etc.

Sj

2 Comments – Post Your Own

#1) On November 28, 2008 at 10:49 AM, alstry (35.64) wrote:

Why would anyone red thumb HBs............:)

I do miss that pussy cat FB........nothing worse than a quitter.....except a quitter that is full of himself

But I have to admit.....he was a good builder analyst

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#2) On November 28, 2008 at 11:06 AM, nofreemoney (< 20) wrote:

your speculative positions, short or otherwise (you should consider ) are all based in a currency that will probably be worthless by march.

Not that i'm hoping for that, but caution never made anyone take a dive from the top of any building on wall street.

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