Wednesday, August 16, 2006

Home Depot and BMHC

Home Depot sales were up but same store sales were down.
Meanwhile, BMHC shares rose on rumors of a buyout, possibly by Home Depot.

That would be the dumbest move on record. Already, homebuilders are slowing building faster than they expected and their contractors like BMHC are slowing fast. At the same time, builders are squeezing companies like BMHC for better pricing.

Good time to buy BMHC puts

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