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