Tuesday, October 04, 2005

Homebuilders dumping more shares.

Another post from the NYT discussing how some major HB's are dumping shares. It really doesn't matter what they say, they know the jig is up. These are very smart people who obviously see the writting on the wall. However, you still see these guys on tv pumping their stock and sector. The old pump and dump. I really hope the SEC investigates all these shenanigans at the conclusion of this mania. For all the regular people that are going to get burned, I don't believe these guys should enjoy such riches.



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