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Masco: Ready to Rebuild

I wish anyone who is expecting a bottom in housing this year the best of luck. You might not short this but to buy it on those hopes is just dumb. We are almost half way through the year, and each month has gotten worse in housing. New home construction is at over 900k per year and housing does not bottom until that goes to 700k or even less considering the amount of foreclosures this time as compared to the past.

Buy some MAS, smoke some crack, what's the downside?
May 16 13:56 pm |Rating: 0 0 |Link to Comment |View article

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Masco: Ready to Rebuild

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