[quote=deadzone][quote=an][quote=deadzone]Yes, and that is relevant if you actually owned NAIL, or more specifically if you had somehow timed the dip perfectly and bought it 3 days ago. But you didn’t. If you want to roll the dice, buy some NAIL at today’s price and let’s see how that works out.
But you are correct in pointing out that up till now the Homebuilder stocks have been amazingly resilient given the rising interest rate environment. I don’t think the future bodes well for them but we’ll see.[/quote]
What make you think I don’t? As for buying more… why? Instead of talking about it, why don’t you buy some PUTs.
But you’re right, you timed it perfectly and I didn’t listen. Better yet, why didn’t you buy PUTs 3 days ago when it was crashing hard and you were obviously gloating?[/quote]
I’m not a day trader. I have a significant short interest in homebuilder stocks as mentioned previously in this thread. Looking for much bigger drops before I cover these shorts.[/quote]
Neither am I. So, I guess my comment is as relevant as yours.
We’ll see where this shake out in a year and a half.
