screw you guys, i’m going … hoooome…

[drunkle]

looked at this the other day:

http://finance.yahoo.com/q/ks?s=LEN

and noticed, 128 mil in cash, 3 bil in debt. then, they announce they’re going to sit on inventory…

am i wrong in thinking that this is a gimme? a flashing neon sign saying “Short Me”?

[patientlywaiting]

Out of curiosity, I was looking at the Lennar development in Irvine since my kid wants to go to UCI in a couple of years.

It’s a massive development. I agree with bugs.. there’s no way that Lennar can hold on to hundreds of unoccupied condos indefinitely. They’re just bluffing. It’s going to be a bloodbath.

http://www.cpwliving.com/

[patientlywaiting]

Out of curiosity, I was looking at the Lennar development in Irvine since my kid wants to go to UCI in a couple of years.

It’s a massive development. I agree with bugs.. there’s no way that Lennar can hold on to hundreds of unoccupied condos indefinitely. They’re just bluffing. It’s going to be a bloodbath.

http://www.cpwliving.com/

[patientlywaiting]

Out of curiosity, I was looking at the Lennar development in Irvine since my kid wants to go to UCI in a couple of years.

It’s a massive development. I agree with bugs.. there’s no way that Lennar can hold on to hundreds of unoccupied condos indefinitely. They’re just bluffing. It’s going to be a bloodbath.

http://www.cpwliving.com/

[patientlywaiting]

Out of curiosity, I was looking at the Lennar development in Irvine since my kid wants to go to UCI in a couple of years.

It’s a massive development. I agree with bugs.. there’s no way that Lennar can hold on to hundreds of unoccupied condos indefinitely. They’re just bluffing. It’s going to be a bloodbath.

http://www.cpwliving.com/

[patientlywaiting]

Out of curiosity, I was looking at the Lennar development in Irvine since my kid wants to go to UCI in a couple of years.

It’s a massive development. I agree with bugs.. there’s no way that Lennar can hold on to hundreds of unoccupied condos indefinitely. They’re just bluffing. It’s going to be a bloodbath.

http://www.cpwliving.com/

[Bugs]

Buffet might have the means to bolster the builder’s stock long enough to clear a profit by squeezing the shorts. However, I think he’s smart enough to know that there is no profitable way to hold this many units and the remainder of these subdivisions for the 5 years or more that it may take for prices to recover.

I agree with patientlywaiting – Lennar can’t be so dumb as to be serious about this. They’re bluffing.

[Bugs]

Buffet might have the means to bolster the builder’s stock long enough to clear a profit by squeezing the shorts. However, I think he’s smart enough to know that there is no profitable way to hold this many units and the remainder of these subdivisions for the 5 years or more that it may take for prices to recover.

I agree with patientlywaiting – Lennar can’t be so dumb as to be serious about this. They’re bluffing.

[Bugs]

Buffet might have the means to bolster the builder’s stock long enough to clear a profit by squeezing the shorts. However, I think he’s smart enough to know that there is no profitable way to hold this many units and the remainder of these subdivisions for the 5 years or more that it may take for prices to recover.

I agree with patientlywaiting – Lennar can’t be so dumb as to be serious about this. They’re bluffing.

[Bugs]

Buffet might have the means to bolster the builder’s stock long enough to clear a profit by squeezing the shorts. However, I think he’s smart enough to know that there is no profitable way to hold this many units and the remainder of these subdivisions for the 5 years or more that it may take for prices to recover.

I agree with patientlywaiting – Lennar can’t be so dumb as to be serious about this. They’re bluffing.

[Bugs]

Buffet might have the means to bolster the builder’s stock long enough to clear a profit by squeezing the shorts. However, I think he’s smart enough to know that there is no profitable way to hold this many units and the remainder of these subdivisions for the 5 years or more that it may take for prices to recover.

I agree with patientlywaiting – Lennar can’t be so dumb as to be serious about this. They’re bluffing.

[Raybyrnes]

patientlywaiting

I used Buffet as an Example of one company that has the financial wherewithall to go against the grain.

Lat I heard a company from Dubai bought a controlling interest in John Laing. Who is to say that with a falling dollar that another foreign country might not step in and do a buyout.

I don’t see this as feel good.

[Raybyrnes]

patientlywaiting

I used Buffet as an Example of one company that has the financial wherewithall to go against the grain.

Lat I heard a company from Dubai bought a controlling interest in John Laing. Who is to say that with a falling dollar that another foreign country might not step in and do a buyout.

I don’t see this as feel good.

[Raybyrnes]

patientlywaiting

I used Buffet as an Example of one company that has the financial wherewithall to go against the grain.

Lat I heard a company from Dubai bought a controlling interest in John Laing. Who is to say that with a falling dollar that another foreign country might not step in and do a buyout.

I don’t see this as feel good.

[Raybyrnes]

patientlywaiting

I used Buffet as an Example of one company that has the financial wherewithall to go against the grain.

Lat I heard a company from Dubai bought a controlling interest in John Laing. Who is to say that with a falling dollar that another foreign country might not step in and do a buyout.

I don’t see this as feel good.

[Author]

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