getrealjim

Masco: Ready to Rebuild

What a loan of nonsense. This is more of the same ignorance that that has supported the current run-up in the market. Every factor points to further and extended declines in the homebuilding market and in the home renovation\remodeling market. The first is the lowest single family housing starts announced this morning. This decline is not done. Regarding the remodeling sector, homeowners do not invest in their homes when values are declining. Furthermore, home equity loans have been the engine behind much of the remodeling during the past five years. Oh, I forgot the mention the recession and declining employment. Think!

Jim Cramer's Mad Money Lightning Round, 3/25/08: Fly Like Agnico Eagle

Bad call on CSE. What in their 10K\financials shows them to be a mezz debt lender? Facts baby facts! CSE is almost all first lien secured and diversified between real estate, health care and commercial lending. Real estate is their smallest allocation. Also, they have been letting loans run off and rapidly de-leveraging. Boat loans of cash.