Insiders are buying PHM. As cramer says "insiders only buy if they think the stock is going up".
Yeah, some WHOPPER insider purchases!!! Bill Pulte plucked down $27,000 of his Billions!
That is like me placing a bet for something like a couple hundred bucks, WOOOOOOOHOOOOOOOO!
http://biz.yahoo.com/ap/050927/economy.html?.v=6crater!MAYBE "OILTOOHIGH" was being honest and you nitwit, narrowminded Longs cojld see the Forst through the trees?
The questions becomes... How many of the new home sales will fall out prior to completion??? My guess is that 20% or so will not go through. But, with Bill Pulte's $27,000 insider purchase, longs should feel very secure.