Pulte Homes, Inc. (PHM)

Shorting all the 1 star home builders I have room for.

Stagflation will gut the homebuilders. Unemployment will deplete the buyers and inflation will limit available credit.

Homebuilders have a long way to go before they're profitable again. Pulte will probably survive but survivalists ain't pretty.

With the next down-leg in the housing market now beginning, and the next big down-leg in the stock market due to begin any week now, it's time to bring this one out, dust it off and short it for some more easy money. PHM has actually been outpacing the S&P in recent months, so it should beat it even better on the way down.

PHM Has a solid history of strong earnings misses.

it'll be months to years before homebuilders recover. not sure if this company will survive that long.

At the beginning of 09' Pulte had a 3.2 billion dollar debt load, with over 1 billion coming due in the next 5 years and was hemorrhaging cash. Meanwhile, Centex had a 3.3 billion dollar debt load, with over 1.5 billion coming due in the next five years and was also bleeding cash. So what did they decide to do? Take a flying leap into each others arms and create a massive, debt-riddled, cash-burning example of everything that was wrong with the housing bust. Congratulations! Owe, and I'm sure all of that shadow inventory the banks are keeping off the market will work wonders for the homebuilders in the coming years. Yay homebuilders!

The mega-homebuilder merger is retarded. Are they trying to become to big too fail? This is like the Minyanville skit about Chrysler merging with Fiat... two turkeys coming together to form an eagle. The economy will recover when we go back to the age of the apartment and we stop giving banks all our money. Having a home will become more of a upper middle-class luxury than an asset.

Foolish. FB

Too much land at yesterday's price

land prices have fallen farther than I thought, I see UE reaching 12% by 2011... Pulte has too much land and will not participate in the biggest fleecing of banks in the history of the US. Focus on builders with low land positions

Not good.

we are still not at the bottom of the housing bust...the summer should see an increase after some refinancing and bank moves start to show an increase in consumer loans, and deals in the housing sector are then taken advantage of

the first to go bankrupt?

They are a turn and burn organization with no real vision for the future. This should be evident by the situation they find themselves in. The housing failure was foreseeable, but they didn't, like the other big homebuilders, prepare for the downturn. They won't prepare for the recovery and will be caught with their pants around their ankles.

Remember, a recession is a great time to restructure for the recovery.

Lots of Ugliness to come in '09

why isnt this trading at $2 ?

never ending supply of knife catching fools ?

Will any homebuilders be left after this debacle? PHM might be but just barely.

Third most bears of all the one star stocks. The only two beating it are GM and Ford. Common sense says to short this one.