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Lennar Corp. Message Board

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  • investment_wanker investment_wanker Jun 13, 2008 2:09 PM Flag

    Shorts keep on wishing this is going UP

    Otherwise shorting would be TOO easy.
    Be patient - this turkey will get unstuffed.

    Yes, it is like watching paint dry, or televised golf.

    The fundamentals are so truly AWFUL that LEN need a miracle just to SURVIVE, let alone to stay anywhere near $15.
    How anyone thinks rising mortgage rates can aid homebuilders is beyond my comprehension.
    If mortgage rates click up just 3%, the average monthly payment on a 30 year goes up 50%.

    Short this pig on any rallies.
    Ride it down to 5, then look for easier pickings elsewhere.

 
LEN
51.81Mar 31 4:02 PMEDT