IIC's Winners Watchlists

[IIC]

Hello IIC,

I saw your comment on BMHC thread about real estate market. My gut feeling is that there are some areas in USA were housing prices have appreciated way too much. I hae been trying to figure out what might be a best play in anticipation of correction in local real estate market. One that I can think of is bying 2006 PUTS for housing stocks. Any idea as to what might be other good play?

Thanks in advance for your suggestion.

Best Regards,
Stocks.

Might want to wait till there are a lot of foreclosures and go into real estate yourself...My guesstimate is 1 to 1 1/2 years

[IIC]

Upgrades: ASYT PWR LTD Q FTO DAVE FCH SRNA DPH ASGN HOMS PHTN

[IIC]

Now who was the one who said they wouldn't be surprised if CAFE never trades again? Of course we could always see it in the pinks.

17:11 CAFE Host America: Nasdaq has informed Host that its securities will be delisted (14.26 )

Host America has been notified by The Nasdaq Stock Market that based on a review of public documents and information provided by Host to Nasdaq related to the issuance of a July 12, 2005 press release, the Staff of Nasdaq Listing Investigations and Listing Qualifications has determined that Host no longer qualifies for inclusion in the Nasdaq Stock Market and that its securities are therefore subject to delisting. Nasdaq Marketplace Rules 4300 and 4330(a)(3) provide the Staff with broad discretionary authority to deny continued inclusion of securities in order to maintain the quality of, and the public's confidence in, The Nasdaq Stock Market. Accordingly, Nasdaq has informed Host that its securities will be delisted from Nasdaq at the opening of business on August 16, 2005, unless Host requests a hearing in accordance with the Marketplace Rule 4800 Series. Host will request a hearing before a Nasdaq Listing Qualifications Panel to review the Nasdaq Staff determination. Any such hearing request will stay the delisting of Host's securities pending the Panel's decision.

[IIC]

Traded PDLI +.30 and HOMS -.06 yesterday. I was 5up and 4dn on daytrades last week and I ended red overall. It's tough to make up one horrible trade.

[B.J]

Might want to wait till there are a lot of foreclosures and go into real estate yourself...My guesstimate is 1 to 1 1/2 years

Doug, I was interested in discussing real estate also, particularly as it pertains to the LA area.

Conventional wisdom says that there is not much supply, at least in the coastal area. But I see more and more dense new develpoments being crammed into limited space, often in proximity to major streets.

You familiar with the old naval housing in San Pedro (actually right around the corner from where I live)? They want to build 2600 residential units (up to SIX STORIES) in the space where currently 200-something vacant houses sit.

Some developers wanted to build about 1500 units in Torrance until the residents complained loudly enough that city council finally told the developers to take a hike (Thank God!).

Any such activity going on around you? I still see the same open marsh off of Culver near the Marina every time I go by that way. Don't know much about it, but I'm sure that if nothing is being built up on it, chances are it's somehow IMPOSSIBLE to build on it.

So not only do we need to look at foreclosures; we also need to keep tabs on all this re-zoning crap going on. Makes me happy for my quarter-acre lot, although $$MM$$ and everyone else back east would certainly laugh at it

[skiracer]

BJ
Join a group and fight it like a dog. Those developers aren't living in cramped spaces. They're out in the country with a 8" electrified fence around their 5 acre plots. They don't give a shit about you or anyone else as long as they get what they want.

[Websman]

Makes me happy for my quarter-acre lot, although $$MM$$ and everyone else back east would certainly laugh at it

A quarter acre? Is that all you have??? BWAAAAAHAHAHAAAAAAA!!!!

Just kidding BJ.

I'm fortunate to live on a 3/4 acre, lakefront lot, but all of the new developments are putting homes on the smallest lot possible. They have a minimum space of 14' beteen houses and a 20' deep back yard.

I guess the good part is that you don't have much grass to cut.

[IIC]

Doug, I was interested in discussing real estate also, particularly as it pertains to the LA area.

Conventional wisdom says that there is not much supply, at least in the coastal area. But I see more and more dense new develpoments being crammed into limited space, often in proximity to major streets.

You familiar with the old naval housing in San Pedro (actually right around the corner from where I live)? They want to build 2600 residential units (up to SIX STORIES) in the space where currently 200-something vacant houses sit.

Some developers wanted to build about 1500 units in Torrance until the residents complained loudly enough that city council finally told the developers to take a hike (Thank God!).

Any such activity going on around you? I still see the same open marsh off of Culver near the Marina every time I go by that way. Don't know much about it, but I'm sure that if nothing is being built up on it, chances are it's somehow IMPOSSIBLE to build on it.

So not only do we need to look at foreclosures; we also need to keep tabs on all this re-zoning crap going on. Makes me happy for my quarter-acre lot, although $$MM$$ and everyone else back east would certainly laugh at it

The old Naval housing...yes, I know where it is. My area...already crammed with apts and condos...In fact, I live in a townhouse myself....well, my wife lives here too

There were a lot of protests about the Marina area(Playa Vista)...Protected land...Much of it is developed now...where the old Hughes Aircraft airport was(EXPENSIVE too!!!)...I used to go down there w/ my binocs...birdwatching...Even 10 years ago you would see some cool birds. When I was a kid my dad and I would go fishing in La Ballona Creek and catch halibut down there(circa 1958 or so).

My activist days are over...Even though I was a pretty "Conservative" activist...I don't know what is going on w/ the Ballona Wetlands anymore...There was give and take...so I assume some of that area will remain undeveloped for many years for the bird migrations...Down by Culver and Lincoln.

1/4 acre...You must be a MULTI-MILLIONAIRE.

Anyway...Generally, in the Real Estate Market I believe the builders will be the last to go...that's when there will be an over supply. Projects planned a year ago have not even started....by the time they are finished I think there will be some bargains...along with the foreclosures....Doug(IIC)

PS...Here's a little tip as far as watching the Real Estate market...look at what resort properties, which are usually 2nd homes are doing...The coastal props are not the best indicator because there is no room to build more(except condo types)...look at the prices in the Desert or Mountains where there is still a lot of land available...Those are the first ones that drop in many cases.

[IIC]

Friday's MoMo:

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[B.J]

Ski, good advice. I'll certainly look into it.

Webs... actually 9300 SF (JUST SHY of a 1/4 acre). Lakefront... that's SWEET!!!!

Doug good tips regarding vacation property. I need to start thinking about staking my retirement claim within the next 10 years.

[IIC]

Mr. Breakout is updated...Please take a look.

http://MrBreakout.com

Thanks,

Doug(IIC)

[B.J]

Doug, the last report I see is 7/31.

Never mind, now 8/7 is appearing.

[IIC]

I'm thinking about deleting the old reports...I have them saved on my hard drive anyway and most are on CD... I leave them up so people can go back and see what I said...Whether I was Right or Wrong.

Also, I type them all in Word...Then I paste and copy. The host I use for Mr. B allows regular type mixed with HTML mixed with their own Beginner's Semi-HTML...But I have a template saved....I use all 3.

I'm thinking that it might be better to reverse the order of the Weekend Reports...Newest first???

On some of my other sites...like my online dating service site...I have to do everything in HTML...I'm not Mr. Webmaster...but I don't make that many changes so it is not too time consuming...Later...Doug(IIC)

[Lyehopper]

Ski, good advice. I'll certainly look into it.

Webs... actually 9300 SF (JUST SHY of a 1/4 acre). Lakefront... that's SWEET!!!!

Doug good tips regarding vacation property. I need to start thinking about staking my retirement claim within the next 10 years.

BJ .... I just developed a 102 acre sub-division .... Only nine lots, the smallest is 5 acres the largest is almost 20 acres. Southwestern VA, Blue Ridge Mountains near Roanoke. You can see the property from the Blue ridge parkway on the mountains above. I have another 400 acres in the same valley if you got the jack$$$ .... 1/4 acre lot WHY?!!! Email me and I'll build you your own damn lake.lol .... [email protected]

[Websman]

BJ .... I just developed a 102 acre sub-division .... Only nine lots, the smallest is 5 acres the largest is almost 20 acres. Southwestern VA, Blue Ridge Mountains near Roanoke. You can see the property from the Blue ridge parkway on the mountains above. I have another 400 acres in the same valley if you got the jack$$$ .... 1/4 acre lot WHY?!!! Email me and I'll build you your own damn lake.lol .... [email protected]

My Grandfather had a 100 acre farm near Roanoake in Salem. I still have a pile of relatives that live there. My uncle has 200 acres that goes up the side of a mountain.