[Coronita]

…ok..just returned from Derby Hills with my friend who is an agent i worked with in the past.

The ones that are selling are

Plan 1C:

Lot #90: $1.195m

Lot # 109: $1.182m

Lot #113: $1.224m

Plan 2AR:

Lot #108: $1.194m

Lot #114: $1.259m

Plan 3: Still sold out.

 

Also, the only unit Pardee is offering incentive is lot 90. There currently is NO incentive on 109,113,108,114. Lot 90 was sold but buyer cancelled. Some of options where already choosen, the only thing left is choosing flooring. DH wants you to close escrow by december on lot 90.

The remaining units are still in construction and don't appear to have a buyer lined up. But at the present time, Pardee isn't willing to deal.

Lot 90 is on 5291 Birch Hill Point. The front of the house is north/south facing, so direction-wise it's nice. The issue I have with this is the backyard depth is short, and adjoins a slope that is fenced with a very high retailing wall: IE this unit is sitting at the lowest elevation. This will be hard for me and wife to digest, because although we are currently living with 800 less sqft with a much smaller backyard(cough, ok it's a patio), we have no neighbor behind us. So giving up a view would be an issue.

I also don't like the exterior styling of this unit personally. It's new england style, all whit… though my wife loves that. Anyway, we didn't feel it was much of a deal, because the location and lot size wouldn't be that much of an upgrade for us. We're passing, though we weren't seriously looking anyway.

 

Also, noticed the agents there in DH were kinda snooty, even in this market.

 

[Coronita]

…ok..just returned from Derby Hills with my friend who is an agent i worked with in the past.

The ones that are selling are

Plan 1C:

Lot #90: $1.195m

Lot # 109: $1.182m

Lot #113: $1.224m

Plan 2AR:

Lot #108: $1.194m

Lot #114: $1.259m

Plan 3: Still sold out.

 

Also, the only unit Pardee is offering incentive is lot 90. There currently is NO incentive on 109,113,108,114. Lot 90 was sold but buyer cancelled. Some of options where already choosen, the only thing left is choosing flooring. DH wants you to close escrow by december on lot 90.

The remaining units are still in construction and don't appear to have a buyer lined up. But at the present time, Pardee isn't willing to deal.

Lot 90 is on 5291 Birch Hill Point. The front of the house is north/south facing, so direction-wise it's nice. The issue I have with this is the backyard depth is short, and adjoins a slope that is fenced with a very high retailing wall: IE this unit is sitting at the lowest elevation. This will be hard for me and wife to digest, because although we are currently living with 800 less sqft with a much smaller backyard(cough, ok it's a patio), we have no neighbor behind us. So giving up a view would be an issue.

I also don't like the exterior styling of this unit personally. It's new england style, all whit… though my wife loves that. Anyway, we didn't feel it was much of a deal, because the location and lot size wouldn't be that much of an upgrade for us. We're passing, though we weren't seriously looking anyway.

 

Also, noticed the agents there in DH were kinda snooty, even in this market.

 

[Coronita]

I would also concur justbought's sentiment. If we had the opportunity, we would have bought in LJ or Del Mar. Unfortunately, most of the places would be unattainable for now.

[Coronita]

I would also concur justbought's sentiment. If we had the opportunity, we would have bought in LJ or Del Mar. Unfortunately, most of the places would be unattainable for now.

[Coronita]

I would also concur justbought's sentiment. If we had the opportunity, we would have bought in LJ or Del Mar. Unfortunately, most of the places would be unattainable for now.

[Coronita]

I would also concur justbought's sentiment. If we had the opportunity, we would have bought in LJ or Del Mar. Unfortunately, most of the places would be unattainable for now.

[Coronita]

My observation is that it seems like the markets are directionless. It will be bouncing +-500 points on every news of credit crunch, credit ok, gas crunch, gas etc.

Some of the stocks are all over the place. In Oct/Nov. Retail for example is extremely volatile these days. One stock that I move in and out of, Gymboree, was swinging all over the map. It started out around $34…Then all the bad news came out at retail, it went as low as $28..Then same stores numbers came out which were fine, and it's back to $34ish. There's no direction. The only thing I've been trying to do is move in and out of certain things on the volatility.

Like gymboree…20 trades this year and counting….

But for every one that I'm up at an instance in time, there a corresponding one that's down. Tech for example was hammered last week. Oh well, I still think we have and overreaction in the markets, but my opinions don't really count. We'll see what happens next week. I'm not foolish enough to say that the markets going to hit all time highs or come crashing down. 

[Coronita]

My observation is that it seems like the markets are directionless. It will be bouncing +-500 points on every news of credit crunch, credit ok, gas crunch, gas etc.

Some of the stocks are all over the place. In Oct/Nov. Retail for example is extremely volatile these days. One stock that I move in and out of, Gymboree, was swinging all over the map. It started out around $34…Then all the bad news came out at retail, it went as low as $28..Then same stores numbers came out which were fine, and it's back to $34ish. There's no direction. The only thing I've been trying to do is move in and out of certain things on the volatility.

Like gymboree…20 trades this year and counting….

But for every one that I'm up at an instance in time, there a corresponding one that's down. Tech for example was hammered last week. Oh well, I still think we have and overreaction in the markets, but my opinions don't really count. We'll see what happens next week. I'm not foolish enough to say that the markets going to hit all time highs or come crashing down. 

[Coronita]

My observation is that it seems like the markets are directionless. It will be bouncing +-500 points on every news of credit crunch, credit ok, gas crunch, gas etc.

Some of the stocks are all over the place. In Oct/Nov. Retail for example is extremely volatile these days. One stock that I move in and out of, Gymboree, was swinging all over the map. It started out around $34…Then all the bad news came out at retail, it went as low as $28..Then same stores numbers came out which were fine, and it's back to $34ish. There's no direction. The only thing I've been trying to do is move in and out of certain things on the volatility.

Like gymboree…20 trades this year and counting….

But for every one that I'm up at an instance in time, there a corresponding one that's down. Tech for example was hammered last week. Oh well, I still think we have and overreaction in the markets, but my opinions don't really count. We'll see what happens next week. I'm not foolish enough to say that the markets going to hit all time highs or come crashing down. 

[Coronita]

My observation is that it seems like the markets are directionless. It will be bouncing +-500 points on every news of credit crunch, credit ok, gas crunch, gas etc.

Some of the stocks are all over the place. In Oct/Nov. Retail for example is extremely volatile these days. One stock that I move in and out of, Gymboree, was swinging all over the map. It started out around $34…Then all the bad news came out at retail, it went as low as $28..Then same stores numbers came out which were fine, and it's back to $34ish. There's no direction. The only thing I've been trying to do is move in and out of certain things on the volatility.

Like gymboree…20 trades this year and counting….

But for every one that I'm up at an instance in time, there a corresponding one that's down. Tech for example was hammered last week. Oh well, I still think we have and overreaction in the markets, but my opinions don't really count. We'll see what happens next week. I'm not foolish enough to say that the markets going to hit all time highs or come crashing down. 

[Coronita]

4plexowner,

I would personally like to live in the shoreline and would consider that if I had $1.5-$2mill to throw around. Nevertheless, I would guess a reason why folks would buy a tract home in say CV for this much is probably because a mixture of pseudo-luxury and pseudo-convenience. People probably want to be closer to work and probably want to live where a school district is acceptable (yes, private schools are an option), and probably where it's convenient to everything else, but not so convenient that your local walmart costco is right next door. Custom homes in CV would be $2m+, and a lot of them aren't the most convenient access. It's not one particular thing people like, it's the entire "hybrid" package.

It's sort of like the BMW M5 . People want a performance car with certain luxury and that can tracked at an occasional auto-cross or 2, and still fit the kiddies in the back seat for a grocery run. Although I would say many who buy these never tracked their cars to warrant the purchase beyond bragging rights.

[Coronita]

4plexowner,

I would personally like to live in the shoreline and would consider that if I had $1.5-$2mill to throw around. Nevertheless, I would guess a reason why folks would buy a tract home in say CV for this much is probably because a mixture of pseudo-luxury and pseudo-convenience. People probably want to be closer to work and probably want to live where a school district is acceptable (yes, private schools are an option), and probably where it's convenient to everything else, but not so convenient that your local walmart costco is right next door. Custom homes in CV would be $2m+, and a lot of them aren't the most convenient access. It's not one particular thing people like, it's the entire "hybrid" package.

It's sort of like the BMW M5 . People want a performance car with certain luxury and that can tracked at an occasional auto-cross or 2, and still fit the kiddies in the back seat for a grocery run. Although I would say many who buy these never tracked their cars to warrant the purchase beyond bragging rights.

[Coronita]

4plexowner,

I would personally like to live in the shoreline and would consider that if I had $1.5-$2mill to throw around. Nevertheless, I would guess a reason why folks would buy a tract home in say CV for this much is probably because a mixture of pseudo-luxury and pseudo-convenience. People probably want to be closer to work and probably want to live where a school district is acceptable (yes, private schools are an option), and probably where it's convenient to everything else, but not so convenient that your local walmart costco is right next door. Custom homes in CV would be $2m+, and a lot of them aren't the most convenient access. It's not one particular thing people like, it's the entire "hybrid" package.

It's sort of like the BMW M5 . People want a performance car with certain luxury and that can tracked at an occasional auto-cross or 2, and still fit the kiddies in the back seat for a grocery run. Although I would say many who buy these never tracked their cars to warrant the purchase beyond bragging rights.

[Coronita]

4plexowner,

I would personally like to live in the shoreline and would consider that if I had $1.5-$2mill to throw around. Nevertheless, I would guess a reason why folks would buy a tract home in say CV for this much is probably because a mixture of pseudo-luxury and pseudo-convenience. People probably want to be closer to work and probably want to live where a school district is acceptable (yes, private schools are an option), and probably where it's convenient to everything else, but not so convenient that your local walmart costco is right next door. Custom homes in CV would be $2m+, and a lot of them aren't the most convenient access. It's not one particular thing people like, it's the entire "hybrid" package.

It's sort of like the BMW M5 . People want a performance car with certain luxury and that can tracked at an occasional auto-cross or 2, and still fit the kiddies in the back seat for a grocery run. Although I would say many who buy these never tracked their cars to warrant the purchase beyond bragging rights.

[Coronita]

The SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile

Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.

 

The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.

 

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