Tuesday, October 16, 2007

Time to Buy Home Builders?

Uh, no.

"Time to Buy Home Builders?" Forbes, April 25, 2007 [Home builder index down about 50% since].

"Time to Buy Horrible Home-Builder Stocks, MSNBC, December 2006 [Jon Markman recommends KB Homes (Then $52.57, now $26.88), Avatar (then $72.05, now $45.77), Tarragon (then $11.65, now $2.68), DR Horton (then $26.79, now $13.10) and Brookfield (then $39.7, now $17.79). Overall an average 47.6% loss just since December. ]

Set your money on fire instead.

1 Comments:

Blogger Brian Sakamoto said...

These guy are crazy and should be sitting in a new model home for two day without any traffic!!!Sacramento, Ca.

4:40 PM  

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