tag:blogger.com,1999:blog-18675105.post8009799100150749457..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: FLASH: Morningstar analyst does the math, figures IndyMac is sitting on an unannounced $1.0 to 1.5 billion loss - on just 2006 Liar's Loans (Alt-A)bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-18675105.post-41472434562742564572007-04-17T06:31:00.000+01:002007-04-17T06:31:00.000+01:00Good going Mike "pompous ass" Perry, Frank "how ma...Good going Mike "pompous ass" Perry, Frank "how many ways can I swear at you" Sillman , and Michelle "ruthless, pants-wearing wife of Sillman" Minier! You succeeded in running this company into the ground. All the employees you have issued stock options to, all the stockholders, all the employees from your takeovers that were tossed out with the bathwater, all the employees you continually ground into the ground,and don't forget about the employee that had a heart attack and died during one of your take overs, I hope they bite all three of you in the ass. These three are the ones mostly responsible for lending policies / strategies.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-72925115164786756222007-04-16T22:59:00.000+01:002007-04-16T22:59:00.000+01:00PRICES AT THE BOTTOM END bound to rise, only probl...PRICES AT THE BOTTOM END bound to rise, only problem being that thats where everyone will be looking for, location, location!!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65319747789519378462007-04-16T05:15:00.000+01:002007-04-16T05:15:00.000+01:00The "geniuses" at Goldman Sachs were holding milli...The "geniuses" at Goldman Sachs were holding millions of shares of New Century as of December. I can't look it up now since NEW isn't trading anymore. They also had millions of shares of all the other big name sub prime disasters-waiting-to-happen.<BR/><BR/>Want to know where opportunity is? Where the "masters" screwed up, that's where.<BR/><BR/>What to do about it is left as an exercise for the reader.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-45917094340074474282007-04-16T04:11:00.000+01:002007-04-16T04:11:00.000+01:00Here's article by Bloomberg worth reading about be...Here's article by Bloomberg worth reading about before buying any PUTS.<BR/><BR/>http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=NDE:US&sid=actnwxNCFzhc<BR/><BR/>I may go short on this too, but I'm going to wait out to see if there's any short term recovery before doing so.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-39299822939138927812007-04-15T23:17:00.000+01:002007-04-15T23:17:00.000+01:00Everyone is down playing these numbers! But when ...Everyone is down playing these numbers! But when the tsunami hits don't be on the beach!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62595938042071086292007-04-15T22:11:00.000+01:002007-04-15T22:11:00.000+01:00I'd have to agree with Anon up there. I thought a...I'd have to agree with Anon up there. I thought about Puts as well, but they are getting expensive. Looking at the chain, I'd say the market has already corrected to some degree. Still, after the earnings release, it's anybody's guess. <BR/><BR/>Still we know where the industry is headed longer term. :)Aaronhttps://www.blogger.com/profile/14743109071807152962noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-24109130001332702692007-04-15T19:24:00.001+01:002007-04-15T19:24:00.001+01:00Shorting NDE is allright if the insiders have them...Shorting NDE is allright if the insiders have them pumped up thru their Investment Banking Channels.The downside is fast in the beginning.Then the slow grind down.28.00 is still up there enouph for a pop to the downside.So some thrills at first then the boring stuff.The big hitters still control the scam which is Wall Street.Common sense says get out quick,but the scam is run by masters with alot at stake.<BR/> I have been reading about the Lofty numbers of the Dow,and other markets without liquidity.This is something to keep an eye on.The numbers,the percentages,and the share involved are monstrous.This says Millions of investors want out ,but cant sell,just like Housing.Kieth,even if your Puts don't have the benefit of severe downside movements in NDE ,you could still get a call from an options house looking for deals ahead of the wave.Even if the wave takes it's sweet time coming,those puts could become HOT with no fall in NDE.The masters will hide this f-ck-r ,and GE ,so don't expect the fall right away.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-77525545838662779712007-04-15T19:24:00.000+01:002007-04-15T19:24:00.000+01:00This really concerns me. We are buying a home and...This really concerns me. We are buying a home and our loan is NOT with a sub-prime lender. I don't claim to know much about the housing industry but I do wonder what the fallout will mean to regular lenders down the road.Kerriellahttps://www.blogger.com/profile/17869147958235965863noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-58790886181980680992007-04-15T18:55:00.000+01:002007-04-15T18:55:00.000+01:00i got Jan 08 puts on NDE a couple of weeks ago - ...i got Jan 08 puts on NDE a couple of weeks ago - soooo happy right now - will ride NDE all the way down over the next 6 months. Looking at 800-1000% return on my investment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83749636771549118842007-04-15T18:39:00.000+01:002007-04-15T18:39:00.000+01:00Talk about a stinky pinky stock, run by modern day...Talk about a stinky pinky stock, run by modern day pirates... arrgghhh!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-5523558142538945042007-04-15T18:06:00.000+01:002007-04-15T18:06:00.000+01:00I've got 5 April puts on NDE. If the "man behind t...I've got 5 April puts on NDE. <BR/><BR/>If the "man behind the curtain" isn't exposed by then I'll buy even more for May because the grim reaper is comin' to town for IndyMac.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83131685698454769592007-04-15T17:18:00.000+01:002007-04-15T17:18:00.000+01:00This comment has been removed by the author.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-87265806726851897032007-04-15T17:06:00.000+01:002007-04-15T17:06:00.000+01:00The five financials with the largest monthly incre...The five financials with the largest monthly increase in percentage of float shares held short were: Accredited Home Lenders (LEND : accredited home lendrs hldg com<BR/>News , chart , profile , more<BR/>Last: 9.30-0.01-0.11%<BR/><BR/>4:00pm 04/13/2007<BR/><BR/>Delayed quote dataAdd to portfolio<BR/>Analyst <BR/>Create alertInsider<BR/>Discuss<BR/>Financials <BR/>Sponsored by:<BR/>LEND9.30, -0.01, -0.1%) at 34.9%; Fremont General (FMT : Fremont General Corporation<BR/>News , chart , profile , more<BR/>Last: 7.05+0.55+8.46%<BR/><BR/>4:02pm 04/13/2007<BR/><BR/>Delayed quote dataAdd to portfolio<BR/>Analyst <BR/>Create alertInsider<BR/>Discuss<BR/>Financials <BR/>Sponsored by:<BR/>FMT7.05, +0.55, +8.5%) , 28.1%; FirstFed Financial (FED : Firstfed Financial Corp<BR/>News , chart , profile , more<BR/>Last: 56.43+0.70+1.26%<BR/><BR/>4:03pm 04/13/2007<BR/><BR/>Delayed quote dataAdd to portfolio<BR/>Analyst <BR/>Create alertInsider<BR/>Discuss<BR/>Financials <BR/>Sponsored by:<BR/>FED56.43, +0.70, +1.3%) , 19.3%; Downey Financial (DSL : Downey Financial Corp. (Del.) (Holding Company)<BR/>News , chart , profile , more<BR/>Last: 62.64+0.37+0.59%<BR/><BR/>4:05pm 04/13/2007<BR/><BR/>Delayed quote dataAdd to portfolio<BR/>Analyst <BR/>Create alertInsider<BR/>Discuss<BR/>Financials <BR/>Sponsored by:<BR/><BR/>DSL62.64, +0.37, +0.6%) , 19.3%, and IndyMac Bancorp (NDE : IndyMac Bancorp Inc<BR/>News , chart , profile , more<BR/>Last: 28.97-0.14-0.48%<BR/><BR/>4:00pm 04/13/2007<BR/><BR/>Delayed quote dataAdd to portfolio<BR/>Analyst <BR/>Create alertInsider<BR/>Discuss<BR/>Financials <BR/>Sponsored by:<BR/>NDE28.97, -0.14, -0.5%) , 18.7%.Anonymousnoreply@blogger.com