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PulteGroup, Inc. Message Board

  • bluelivermore bluelivermore Apr 29, 2008 10:13 PM Flag

    Memo: The Land is only the 1st problem.

    Now Phm has to deal with the:

    Vacant units

    Bad loans
    Can not sell paper
    Repo Paper
    100% plus increase in paper over 90 days
    past due.

    Termination Fees
    Lease purchase defaults

    Cash burn
    Insiders dumping more shares
    Loan payments
    Lease payments

    And you guys already got the land write down memo,Right?

    These guys are just cheerleading you guys to slaughter,if you only really knew,and if this was a real memo.Management is jumping ship faster than the rats jumping off the Bush ship.

    What part of that do guys just not get?

    There are literally 100's of half finished,PHM projects all over the country.

    They drank their own koolaid way ,way to long.

    Have a sip shareholders,we'll be leaving it all to you.

    UMMMMMMMM.Drink up now,sheeple

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