wzen-wzen

Existing Home Sales Going Strong

Sure there were/are many speculative "cash" buyers who sucked up foreclosure based on great ROI and cash flow only if those can be rented at a projected price. I am seeing those being returned to market since no tennant wanted to rent

Real Estate Recovery in Southern California: Home Sales Increase for 16th Straight Month

The second but worse RE collapse in SoCal will happen in 2010, thanks in part to those speculators who snapped up the foreclosure homes for rental (no renters) and 1st time buyers who used $8k tax credit as a down payment to obtain FHA loan. Yes, # of home sale will increase in 2010 a lot more due to foreclosure sales from Alt A, Prime defaults and 2ndary 1st time home buyers beyond means

Oil Price Lower on Inventory Numbers, But It Can't Go Much Lower

If anyone think oil will reverse the down trend within a year or two, they will soon realize that the history will repeat itself and oil will be range bound in $10 to $20 for 10+ years.

. Consumption growth
Yes, there will be. However, one look at last 60 year oil chart will reveal that the demand growth does not impact the price of much other than normal escalation

. Reduction of OPEC supply
Yes, OPEC can reduce the supply somewhat for short duration, 6 to 9 month at the most. All oil producing countries have made significant budget commitments & debts, just like US financial market. Regardless of market price, those countries have to pump out as much if not more just to survive

Good luck if you believe oil price will rebound

Harry Winston: 'The Worst Sale They Ever Made'?

During CC, mgmt referred the last yr for robbery settlement. Based on Q42008 report, HWD recorded $13.5 million gain on the settlement of $23.2 mill theft during Q3. Hence, HWD will report gain on the latest theft

Is 2008 the Year Webzen Finally Reaches Its Potential?

If WZEN survives thru current hostile takeover attempts and be able to launch three games, Parfait Station, Huxley and Kingdom of Warrior this year, WZEN will set its foundation for explosive growth. APB will be the killer but may not be lauched this yr. WZEN has already