Housing Stocks

**bssc** · 08-04-2007, 11:36 PM

Of course, everyone hates them and knows that they are all going bankrupt. Friday really pummeled them. So, I figure that this is the time to buy. I have $20,000 sitting around from the sale of my Lyondell Chemical (LYO).

BZH
BHS
KBH
MTH
SPF

I figure that at least one will go bankrupt but the rest will make money. Check back in five years or so.

joxx12 · 08-05-2007, 12:53 AM

i'd add one more to the list.
WCI
taken a beating lately but 5 years from now who knows!

**bssc** · 08-07-2007, 01:47 PM

Here is what I bought and the prices I paid for them.

BZH 11.22
BHS 19.23
KBH 31.95
MTH 16.84
SPF 10.30
WCI - 6.88 / 6.91

Still have 8K to spend.

twaddle · 08-07-2007, 01:56 PM

I think there's still a couple more years of pain left, but why not just buy XHB?

brewer12345 · 08-07-2007, 02:07 PM

Another poster brought MHK to my attention as a possible play on housing.

**bssc** · 08-07-2007, 07:12 PM

BZH 11.22 (closed at 12.03)
BHS 19.23 (closed at 19.63)
KBH 31.95 (closed at 33.06)
MTH 16.84 (closed at 18.04)
SPF 10.30 (closed at 10.86)
WCI - 6.88 / 6.91 (closed at 7.95)

I am happy with today.

Dawg54 · 08-07-2007, 10:45 PM

Quote:

Originally Posted by bssc

BZH 11.22 (closed at 12.03)
BHS 19.23 (closed at 19.63)
KBH 31.95 (closed at 33.06)
MTH 16.84 (closed at 18.04)
SPF 10.30 (closed at 10.86)
WCI - 6.88 / 6.91 (closed at 7.95)

I am happy with today.

Cramer would say 'sell on the bounce'. More pain to follow. I have no idea. Not sure he does either.

teknobucks · 08-09-2007, 10:16 AM

teknobucks · 08-09-2007, 10:17 AM

ULTRASHORT REAL ESTATE PROSHARES (SRS) As of: 08/09/2007, 11:16am
Last Trade [tick] 96.8500[-] Volume 332,300
Net Change -0.4500 52 Week High 117.3500 on 08/06/2007
Net Change % -0.46% 52 Week Low 63.6400 on 02/08/2007
Bid 96.5800 Ex. Dividend Date 06/26/2007
Bid Size 1 Dividend Pay Date 07/02/2007
Ask 96.83 Dividend Rate 0.5018
Ask Size 20 P/E Ratio 0.0000
Bid Exchange Pacific Yield 2.06%
Ask Exchange American Split Factor 0.00
Last Trade Exchange Pacific EPS 0.00
Open 103.0000 Currency USD
Day High 103.0000 Primary Exchange American

08-04-2007, 11:36 PM	#1
bssc Moderator Join Date: Dec 2005 Posts: 2,672	Housing Stocks Of course, everyone hates them and knows that they are all going bankrupt. Friday really pummeled them. So, I figure that this is the time to buy. I have $20,000 sitting around from the sale of my Lyondell Chemical (LYO). BZH BHS KBH MTH SPF I figure that at least one will go bankrupt but the rest will make money. Check back in five years or so. __________________ Angels danced on the day that you were born.

08-07-2007, 01:47 PM	#3
bssc Moderator Join Date: Dec 2005 Posts: 2,672	Here is what I bought and the prices I paid for them. BZH 11.22 BHS 19.23 KBH 31.95 MTH 16.84 SPF 10.30 WCI - 6.88 / 6.91 Still have 8K to spend. __________________ Angels danced on the day that you were born.

08-07-2007, 01:56 PM	#4
twaddle Thinks s/he gets paid by the post Join Date: Jun 2006 Posts: 1,377	I think there's still a couple more years of pain left, but why not just buy XHB? __________________ Favorite ERF quote: "I'm not going to waste my time on someone who's more interested in being stubborn or obtuse or intolerant." -- Nords Favorite ERF error message: "Sorry Nords is a moderator/admin and you are not allowed to ignore him or her."

08-07-2007, 02:07 PM	#5
brewer12345 Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2003 Posts: 9,255	Another poster brought MHK to my attention as a possible play on housing. __________________ “When you realize that you are one of the rare few who observe moral principles in their relationships with others, there is a temptation to sink into amorality, not out of conviction or pleasure but simply to avoid further pain, because there is no greater suffering than being an angel in hell, whereas a devil feels at home wherever he goes.” – Martin Page, How I Became Stupid

08-07-2007, 07:12 PM	#6
bssc Moderator Join Date: Dec 2005 Posts: 2,672	BZH 11.22 (closed at 12.03) BHS 19.23 (closed at 19.63) KBH 31.95 (closed at 33.06) MTH 16.84 (closed at 18.04) SPF 10.30 (closed at 10.86) WCI - 6.88 / 6.91 (closed at 7.95) I am happy with today. __________________ Angels danced on the day that you were born.

08-05-2007, 12:53 AM	#2
joxx12 Confused about dryer sheets Join Date: Aug 2007 Posts: 4	i'd add one more to the list. WCI taken a beating lately but 5 years from now who knows!

08-09-2007, 10:16 AM	#8
teknobucks Confused about dryer sheets Join Date: Jun 2007 Posts: 7	buy Srs.

08-09-2007, 10:17 AM	#9
teknobucks Confused about dryer sheets Join Date: Jun 2007 Posts: 7	ULTRASHORT REAL ESTATE PROSHARES (SRS) As of: 08/09/2007, 11:16am Last Trade [tick] 96.8500[-] Volume 332,300 Net Change -0.4500 52 Week High 117.3500 on 08/06/2007 Net Change % -0.46% 52 Week Low 63.6400 on 02/08/2007 Bid 96.5800 Ex. Dividend Date 06/26/2007 Bid Size 1 Dividend Pay Date 07/02/2007 Ask 96.83 Dividend Rate 0.5018 Ask Size 20 P/E Ratio 0.0000 Bid Exchange Pacific Yield 2.06% Ask Exchange American Split Factor 0.00 Last Trade Exchange Pacific EPS 0.00 Open 103.0000 Currency USD Day High 103.0000 Primary Exchange American

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Sizing the Housing Bubble	wabmester	FIRE and Money	434	04-06-2007 11:14 PM
Why Do Stocks Go Up?	wabmester	FIRE and Money	75	08-14-2006 12:17 PM
The "New" Value Stocks	wildcat	FIRE and Money	26	03-04-2006 09:43 AM
Swedroe comments on buying individual stocks.	Nords	FIRE and Money	27	10-12-2005 10:20 PM
Question on Dividend Stocks or Funds	modhatter	FIRE and Money	43	10-03-2005 10:11 AM