It's too far too fast for KB Home (KBH), plummeting 15.5% premarket on an earnings miss after a...

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wapiti Comments (469)
 
sounds more like it. Why doesn't the market look at other "moonshot" stocks like CMG,TSCO,LULU,TPX,BWLD... Can u say "bubble"?
23 Mar 2012, 08:39 AM Reply Like

davidingeorgia Comments (2690)
 
Hello? That ringing sound you hear is reality calling. Housing still sucks. To borrow a phrase, it's the economy, stupid.
23 Mar 2012, 08:54 AM Reply Like

LKofEnglish Comments (4388)
 
"frothy" does seem a fairly accurate portrayal...in the housing space as usual.
23 Mar 2012, 09:06 AM Reply Like

J 457 Comments (865)
 
KBH. Cash burn too high. I like them at $5.00
23 Mar 2012, 09:36 AM Reply Like

Leonard Umina Comments (16)
 
Just wait until the other shoe drops. Take a look at the racial profiling of their developments. The restrictive covenants routinely used by these companies began after the civil war to keep blacks out of certain areas. They were reincarnated after redlining was outlawed, and adopted by the large builders and banks to get around the law. Initially they got away with this, but the proof is in the pudding. A book on this subject was recently published and my bet is that there will be a lot of litigation in the next couple of years targeting the banks and large builders. Areas where these builders have operated turn extraordinarily homogeneous. States have already begun curbing the power of HOA's, but the real action will come in the courtroom. After that the housing bubble will really end, but I'm not sure these companies will survive in their present form, if at all.
23 Mar 2012, 10:53 AM Reply Like

J 457 Comments (865)
 
Sorry, what you wrote is pure rubbish.
23 Mar 2012, 06:38 PM Reply Like