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March 14, 2013 – Comments (4) | RELATED TICKERS: KBH

Good Evening, and welcome to another exciting edition of The FoxForceJournal.

Our featured stock is KB Home(KBH) picked by Melaschasm @ $16.01 for a stock gain of +28.73%

KB Home (KBH) Description

Homebuilder with domestic operations in the following regions: West Coast, Southwest, Central and Southeast. Also provides mortgage banking services to the majority of its domestic homebuyers through its wholly-owned subsidiary, KB Home Mortgage Company. Website: http://www.kbhome.com/

If Melaschasm had purchased $1,000 @ $16.01 thats 62.5 shares.

On 11/31/12, and 2/513 KBH paid a .025 dividend so + $3.12

As of todays close of $20.52 one grand invested would be worth $1,285.62.

Now Scruffys 40,000 shares are worth $642,400.

EDITORIAL SECTION-

Seeing the homebuilder sector rebound makes me happier then a pup with two peters. That means people are finally spending money again. That's what needs to happen for the economy to recover (ignore all the B.S from Washington)

I speak from personal experience, if the rich are afraid, they don't buy high end homes. Or in my case 10 grand signs for a new business.

Checked out the website, there was one in Reno for $238,000 that I liked 3BDR,2BTH 2 car garage....looked nice... if I ever decide to move to a warmer locale in retirement (two decades away). I do enjoy an occasional hand of blackjack.(honestly I wouldn't know what to do with more space then that, but KBH does offer it)

KBH seems like a survivor in the field as they picked up quite bit of the land and assets of the fallen, also buying more prime real estate-

http://www.dailyfinance.com/2013/03/13/kb-home-acquires-lots-for-exclusive-new-community-/

Thank you all for reading yet another edition of-

The FoxForceJournal.

(sidenote- the Journal has been trying to come up with a catchy tag line to end these blogs)

Ideas so far-

You've been FoxForced (kinda creepy)

Foxy and balanced (might get sued)

So add em' if you gottem.

Cheers.

4 Comments – Post Your Own

#1) On March 15, 2013 at 12:04 AM, HarryCarysGhost (99.70) wrote:

http://www.youtube.com/watch?v=wWmRTjLRMfU

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#2) On March 15, 2013 at 12:12 AM, HarryCarysGhost (99.70) wrote:

The mid weekly update-

http://boards.fool.com/ff5c-midweekly-update-30588867.aspx

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#3) On March 15, 2013 at 12:14 PM, awallejr (85.52) wrote:

I need another year at least for my pick  in order for the dividends to lower my basis more;/

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#4) On March 15, 2013 at 4:31 PM, EnigmaDude (92.86) wrote:

How about "Stay Foxy my Friends!"

(And I still think my Elli Mae pick has a chance...)

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