June 22, 2006

Where'd The Banker go? Anyone else see a trend here with Toll Brothers?


Boy, nice timing on those sales last summer by the corrupt and evil Bob Toll. And anyone remember The Banker and his boasts about making a killing betting against HP and on the Real Estate Industrial Complex?

I hope he didn't jump.

20 comments:

Chris G said...

I originally shorted Toll Brothers a couple months ago, and since then I have purchased put options in an attempt to enhance my returns. So far, so good.

I read an article today that separates the bulls from the bears when it comes to the future of the housing market. The first quote from the bulls was from Bob Toll himself. Yeah, like that's an objective source. Here's hoping the predictions of the Bank of America analyst, the most bearish of the housing analysts, becomes reality.

Anonymous said...

Cramer was Pumping "Land Bank" < JOE > thats St.Joes trades on the NYSE when it was around high $70's.Its now in the mid $40's.All the pumpers have hit the road and now we've got a WHOLE bunch of BAGHOLDERS

Anonymous said...

Real esate market is not soft,its not slow,ITS DEAD!
http://www.thejournalnews.com/apps/pbcs.dll/article?AID=/20060622/BUSINESS01/606220336/1066

Anonymous said...

Who cares about Toll?

Anonymous said...

i have put option on all the major home builders, it's been good.

Anonymous said...

Anyone catch the bullshit real estate forum on CNBC? David Learah is their with his full palm palms. He is an absolute joke.

The good news is the other guests are distroying him.

Anonymous said...

Tom Kunz- President of Century 21 on that panel had some phenominal advise...make sure you use a real estate professional when buying or selling, don't worry about the 6% fees.

Whatafreakinjoke

Anonymous said...

I almost fell over at the end of that CNBC special when Learah said that sellers need to be more realistic about their expectations. "if sellers reduce their price, there will be an equilibrum between buyers and sellers and everyone will live happily ever after".

Wow, did he really say sellers should reduce their prices???

Dogcrap Green said...

the housing bubble is too main stream to be betting on it.

Got my money riding on TOL.

Anonymous said...

The Toll Brothers are mobsters and run a racket.

Anonymous said...

David Lereah DID say there would be price drops now.

That is BIG, IMO.

CNBC is tearing the sh#t out of the market- by reporting the TRUTH!

Anonymous said...

yeah, new banker here (trader repub guy). I actually see the downtrend obviously, but think that this is bottoming out here. To me the story feels tired, and these stocks probably breakout in the short to intermediate term. I dont see a huge % increase, but a decent 15-25% pop would be possible. What new news is going to be bearish? It's almost all baked in here.

Anonymous said...

See I knew I liked Dogcrap, we agree again. That guy rocks...he sees ahead of the curve, unlike Keith (very very late to the party) "anyone see a trend here?" yeah buy gold at $730, lol. good lord that's awful trading.

Anonymous said...

Banker works at Fido -- he's reading, not writing here.

Anonymous said...

negative bro....the new banker, republican commodity trader guy (me), wrks at an investment bank.

asdf said...

"What new news is going to be bearish? It's almost all baked in here."

Well for starters, trillions of ARM loans are going to reset over the next three years and no one knows what the impact of this will be since we have never been here before. Also, the fed keeps increasing rates which will have a negative affect on people trying to refi out of an ARM. This can only add negative pressure to home prices and home builder stocks, I don't see how a market can "price in" several years of declining value, I only see those builder stocks continuing to circle the drain until our economic picture improves.

Anonymous said...

again...not new. I hear you, agree those are factors, just not new.

brokersleaveyoubroke said...

again...not new. I hear you, agree those are factors, just not new.

To us it's not new but 99% of the rest of the world doesn't seem to know it yet. Most mainstream press still says everything's OK.

Anonymous said...

wrong. CNBC has a segment on the bubble 3-4 times a week. They call is Realty Check and they are trying their best to call the top and push it down because of the tech wreck. Fox has weekly debates on with chicken little theories like your's. I am sure CNN and MSNBC are there too. Barrons hates real estate. So I call BS on that idea. It is, by far, the most over-predicted crash ever.

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