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$12.34 -0.47 (-3.67%)
7/24/2008 9:42 AM

Pulte Homes, Inc. (PHM)

CAPS Rating:
*

The Company is a publicly held holding company whose subsidiaries engage in the homebuilding and financial services businesses.

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Avatar StocksForCash (88.82) Submitted: 2/13/08 9:41 AM : Outperform Start Price: $14.33 PHM Score: -5.37

Okay ... so I tried a swing short on some of the homies that had popped up a few weeks ago. Most of them worked out for minor gains and a few lost. Now, with the rate cuts, Fed. stimulus, gas going down and whatever else, ... changed my thinking that now is the time to be accumulating home builders in anticipation of the economy pulling through this and landing on its feet over the coming 1 to 3 years. Granted, we might bounce through a recession but longer term, these should perform okay to great. Also, with the whole sector in a trough, good time for some consolidation (I got luck on QMAR and YHOO being picked up in my few short weeks playing CAPS). I wanted to put this whole shpeel on the blog but I'm at work and can't be blogging ....

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Avatar Troy2008 (74.90) Submitted: 4/19/08 2:25 PM

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I don't think the rate cuts did anything, The fed stimulus is going to fail and do nothing for housing and gas is NOT going down. IMO. The 2nd Q will be just as bad and some home builders may fold = lower pps at best from here. HOV looks like they lost in 2007 everything they earned in 06 and 05! CTX couldn't make a penny gain in a 200 rally Friday when even retailers went up. CNBC can't find the bottom and neither can I.

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Avatar Troy2008 (74.90) Submitted: 5/13/08 2:21 PM

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http://realestate.msn.com/Buying/Article_slate.aspx?cp-documentid=6914731 down they go...

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