Thursday, September 22, 2011

twitter

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WATCH THIS UNFLATTERING VIDEO TOWARDS PULTE HOMES, AND THEN SEARCH "PULTE" IN TWITTER. YOU WON'T FIND IT. TWITTER, CHAMPION OF FREE SPEECH, IS IN PULTE'S LITTER.


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Tuesday, September 20, 2011

"Wall Street Elite"

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http://oakshirefinancial.com/2011/08/29/media-sells-soap-pulte-homes-nysephm-comes-clean/?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+oakshire+%28Oakshire+Financial%29

"Intrigued?

We are. We say the selloff was wildly overdone and RSI readings confirm that. Even during the bear market of 2008 Pulte never saw an RSI dip below the 20 line.

We also like the mortgage bailout story and apparently so did the market. Pulte moved higher by 30% since bottoming last week, along with a few other big names in the sector. Pulte has also seen some 50,000 shares purchased by insiders in the last six months. We’re betting more will show up imminently.

Wall Street Elite recommends a speculative purchase of Pulte Homes April 2012 $6 CALLS, now trading at $0.60."

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Thursday, September 15, 2011

next?

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Pulte received TWICE the stimulus $$$ that Solyndra did. Like Solyndra, Pulte's stimulus $$$ are unaccounted for. Also, the Obama administration appointed Richard Dugas, Pulte's CEO, to advise the president.

After Solyndra, is Pulte next?
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Friday, September 9, 2011

possible FLSA violations

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"According to reports, the Department of Labor has launched an investigation to assess possible violations of the Fair Labor Standards Act (FLSA), which governs issues including minimum wage and overtime pay."

http://www.dailyfinance.com/rtn/pr/hagens-berman-llp-investigating-major-home-building-companies-over-potential-violations-of-fair-labor-standards-act/rfid482288514/?channel=pf
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Thursday, September 8, 2011

NO KIDDING!

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OINK!
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"weak consumer sentiment"

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http://www.therealestatebloggers.com/2007-forecast-real-estate/pulte-homes-estimated-2nd-quarter-charges-740-to-770-million/

The difficult conditions that plagued the home-building industry in the first quarter of 2007 worsened in the second quarter, with increased competitive pricing pressures, elevated levels of new and resale home inventory, and weak consumer sentiment for housing affecting the entire industry,” said Chief Executive Richard Dugas in a statement.

Recent jitters over fallout in subprime mortgages have only worsened the bleak outlook for the U.S. residential housing market.


Home builders have been taking write-offs to reflect land and home prices that have lost value in the face of the housing downturn, but Wall Street analysts noted the magnitude of Pulte’s expected charge.

“Pulte’s impairment charge is the largest taken in a single quarter by a public home builder in the current cycle,” wrote Wachovia analyst Carl Reichardt in a report to clients.

ESPECIALLY "weak consumer sentiment" for Pulte's shoddy houses, Dugas.

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Tuesday, September 6, 2011

Goldman Sachs--stupid? or Pulte suck-up?

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http://www.thestreet.com/story/11239378/goldmans-conviction-on-pulte-cost-you-40.html

"Goldman's conviction buy call on Pulte cost investors 40%. It remains to be seen what investors will lose with Pulte still rated buy by the bank."

Either way, stupid or Pulte suck-up, 


Goldman's advice sucks--just like Pulte's houses.
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Monday, September 5, 2011

Twitter, another Pulte suck-up

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http://peretired.blogspot.com/2011/09/schh-hoa.html
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You won't see the "tweet" above when you search "Pulte" in Twitter, because Twitter is a Pulte pig.

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Sunday, September 4, 2011

SCHH HOA

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VIOLATION: decorative flower pots
VIOLATION: small American flag magnet on garage door
And now, the latest,
VIOLATION: green mailbox
(This latest may be the MOST ridiculous of them ALL!)

SCHH mailboxes are all alike. They’re the rural type: metal mailbox on a wood post. The only differences are that in some neighborhoods the standard black mailboxes are on dark green wood posts. In others (like ours) the posts are painted black.

The Pulte-controlled HOA sends out a TYSK (Things You Should Know) email instructing homeowners to paint their mailboxes green.

Yes, that's correct--the email EXPLICITLY instructed homeowners to paint the MAILBOX (not the post) green. This, in fact, was verified when an HOA employee told a homeowner who lives across the street from us "The letter is the letter!"

Four in our neighborhood of approximately 100 homes painted their mailboxes green. Recently, the HOA did a routine, "CHICKEN SHIT" (seniors, take note), inspection and cited the four for their green mailboxes. They were told that they have 14 days to paint them black, or face the consequences ($$$ fine).


ARE THESE PEOPLE STUPID OR WHAT?!?

Senior citizens,
Don’t buy a Pulte house in a Pulte/Del Webb community.
Not only will you get a shoddy house, but also you’ll have some of the dumbest people ANYWHERE HASSLING you.
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Saturday, September 3, 2011

weak foundation

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from http://www.dailyfinance.com/2011/09/01/3-stocks-stopping-the-presses/?source=TheMotleyFool

A weak foundation

If things are looking up for mortgage insurers, then it's got to be a good time to buy homebuilders, too, right? There seems to be a consensus building that now's a good time to get into PulteGroup, Toll Brothers (NYS: TOL) , and KB Home (NYS: KBH) . Heck, even home prices turned up, rising 3.6% in the second quarter.

But look again at the rising level of delinquencies and foreclosures, the persistently high unemployment rate, and an economy that can't get its footing, and you'll see that the analysts thinking Pulte has more upside are simply whistling past the graveyard.

CAPS All-Star Chemdawg agrees there's still a very long road before there's any light at the end of the tunnel:

"not the strongest in a group of businesses all facing significant headwinds....just keeps losing money....recovery is still 18 months out and Pulte may not be here to see it..."
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