Shorting the Homebuilders as Their Stocks Surge [View article]
Pricing this is simple. Go back to before the beginning of the housing bubble 1999 and look at the price of the HBs. We will be there before we go any higher. If things really get uggly, I don't believe they will, then we may go back to 1992-94 stock prices. Back then they where worth 1/20th what they are worth today. Good luck, but the trend is lower.
Shorting the Homebuilders as Their Stocks Surge [View article]
If things really get uggly, I don't believe they will, then we may go back to 1992-94 stock prices. Back then they where worth 1/20th what they are worth today.
Good luck, but the trend is lower.