The problem is that most HB's are 25% to 33% short and we have weak shorts in these stocks. RYL has 25% short interest and the constant rumor of another congressional BS bail out plan for home owners is brought up daily. Legg Mason announced liquidity issues, so maybe that jackass Bill Miller will finally be forced to sell some of his famous HB stocks. RYL should be in the single digits never mind their 52 week low in the high teens. Patience shorts and don't let a squeeze take place.
Should be interesting to watch if any fund money seeks the exits within the next week. Sales until EOD Monday will show up in their next quarterly filings. Some might want to wait until the new quarter before dumping. Some others might want to wait until the last possible minute in this quarter so as to not attract attention.
I have to admit sitting on a 2,500 shares short always in a margin account but 100% equity.. I will not be shook out... I admit i laugh out loud to myself sometimes during the day while driving around just thinking that ryl trades above 30... Straight up i laugh out loud