whatajoke

Can't Short XHB? Create Your Own Homebuilders ETF to Short

One of the most useful columns I've read on this website. The credit markets are pricing in much more pain for the homebuilders, and several of them will be bankrupt soon enough as their earnings disappear, their ability to refinance debt is severely reduced, and the cash they are hoarding now is eliminated as they are forced to finally pay down their debt.

Some Homebuilders Also Do Well Trading Stocks

I'd say insiders at homebuilders are complete morons because they continue to throw more money into soon-to-be-bankrupt companies.

And I'd say the writers of this column aren't too smart either since they are wasting their time even highlighting this stupid issue.