A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
Oh man – I’m gonna go pull the money out of my mattress and buy some call options on the builders’ stocks Monday am. Talking about that here will be a lot more fun than going to Las Vegas.
Sounds like since they are trading at NAV, they still have some distance to fall but the big dip may have about run out. Obviously that NAV is inflated, being based on unrealistic valuations, but I would guess the stocks won’t fall more than another 20% or so.
She reminds me of that British model....Elizabeth Hurley...smokin'.
NAV is a bunch of horse-manure. In all honesty, who can give me a fair asset value of their unimproved land...or hell, their completed homes for that matter, in a real estate market such as this? When analyzing a balance sheet, always remember: 1) Liabilities: small lies, they owe more than they are telling. 2) Assets: big lies, no explanation needed.
What I don't understand is when people say that the homebuilders are undervalued. KBH, a stock I have been buying puts on for the last couple of years, is at $37.43, a level is was at in late 2001. 2001 was a *great* year for housing. So why shouldn't the valuation be lower now that we are solidly in a housing recession?
The video talks about price to book value, but since book value is what the company paid for its assets, and we all know that they most likely bought a lot of land at the peak of the market, my guess is that this metric would be misleading.
Spending millions of shareholders money to generate commisions, kickbacks and skim jobs on those, to buy property not worth the commisions? Point being..other peoples money nee...suckers???
I have done some consulting work at thestreet.com. I happened to meet her while working there. I can assure you she is not a summer intern since she was there 3 months ago. She is actually more beautiful in person, in looks and personality.
Brittney Umar....MMMM.....tasty little arab princess.
She's only been on thestreet.com videos for a few months now, but you should see the videos were she has her legs crossed. Great legs. She was brought in to be some eye candy talking head. I bet Cramer was like, "Man, enough of the dorks on my news show, let's get ourselves a talking head out of NYC journalism school whose a hot piece of ass and willing do to whatever it takes to get on video."
You can tell she's practicing to one day make it to the big time. Be a no talent talking airhead on CNBC like Maria Bartiromo or Erin Burrnet.
thestreet.com has zero credibility. I'd like to ask Brittney when the teleprompter is not running if she knows what a call or put option really is. They should have her do a segment on naked puts. That is the better play with her and the homebuilders. Their BV is going to be dropping so quickly in the next few months, it will make Britney's head spin. LMAO!
16 comments:
She's gotta be a summer intern
Oh man – I’m gonna go pull the money out of my mattress and buy some call options on the builders’ stocks Monday am. Talking about that here will be a lot more fun than going to Las Vegas.
Sounds like since they are trading at NAV, they still have some distance to fall but the big dip may have about run out. Obviously that NAV is inflated, being based on unrealistic valuations, but I would guess the stocks won’t fall more than another 20% or so.
Brittney Marry me......
I just spank the money every time she says "bubble"!
she's such a contrast to Cramer. I thought I was watching a hot air ballon-- up, up and away!
That is one screamin hot teleprompter reader!
She reminds me of that British model....Elizabeth Hurley...smokin'.
NAV is a bunch of horse-manure. In all honesty, who can give me a fair asset value of their unimproved land...or hell, their completed homes for that matter, in a real estate market such as this?
When analyzing a balance sheet, always remember:
1) Liabilities: small lies, they owe more than they are telling.
2) Assets: big lies, no explanation needed.
I disagree about the delivery. She needs to stand and shake her can to stand out on the internet.
What I don't understand is when people say that the homebuilders are undervalued. KBH, a stock I have been buying puts on for the last couple of years, is at $37.43, a level is was at in late 2001. 2001 was a *great* year for housing. So why shouldn't the valuation be lower now that we are solidly in a housing recession?
The video talks about price to book value, but since book value is what the company paid for its assets, and we all know that they most likely bought a lot of land at the peak of the market, my guess is that this metric would be misleading.
Laura Vella said: Wow, telling it like it is!
Spending millions of shareholders money to generate commisions, kickbacks and skim jobs on those, to buy property not worth the commisions? Point being..other peoples money nee...suckers???
I wish she had done that segment topless.
I have done some consulting work at thestreet.com. I happened to meet her while working there. I can assure you she is not a summer intern since she was there 3 months ago. She is actually more beautiful in person, in looks and personality.
Surreal - the news teleported from HP two years ago, told by a distractingly cute talking head.
Space aliens attack the planet, it's the end of the world - but we have Brittaney to break it to us, so that makes it OK.
Brittney Umar....MMMM.....tasty little arab princess.
She's only been on thestreet.com videos for a few months now, but you should see the videos were she has her legs crossed. Great legs.
She was brought in to be some eye candy talking head. I bet Cramer was like, "Man, enough of the dorks on my news show, let's get ourselves a talking head out of NYC journalism school whose a hot piece of ass and willing do to whatever it takes to get on video."
You can tell she's practicing to one day make it to the big time. Be a no talent talking airhead on CNBC like Maria Bartiromo or Erin Burrnet.
thestreet.com has zero credibility. I'd like to ask Brittney when the teleprompter is not running if she knows what a call or put option really is. They should have her do a segment on naked puts. That is the better play with her and the homebuilders. Their BV is going to be dropping so quickly in the next few months, it will make Britney's head spin. LMAO!
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