Archive for the 'Short' Category

GOAL REACHED: Brookfield Home Corporation (Public, NYSE: BHS)

Monday, March 5th, 2007

Five Percent Stocks announced that Brookfield Home Corporation (Public, NYSE: BHS) has met its short-term investment goal of 5 percent. The blog has closed its short position in Brookfield Home Corporation (Public, NYSE: BHS).

Cover price: $32.29 (open up)
Days held: 1 days
Position opened at: $33.99
Return: 5.0%
Reason closed: Met 5% goal

Please keep in mind that Five Percent Stocks works strictly to its mission of short-term investments seeking the magic 5% number within 30 days. Closing the position is not an indication of our view of this stock as a long term investment. To repeat, we are not professional brokers and do not intend for this advice to influence your own investments.

See the original SHORT posting for (BHS)

SHORT: Brookfield Home Corporation (Public, NYSE: BHS)

Monday, March 5th, 2007
SHORT: Brookfield Home Corporation (Public, NYSE: BHS) $33.99 (3/5/07)

Sell price: $32.29 or
Sell date: April 5, 2007
Stop loss: $35.50 (-7.4%)

EMA very bearish
Stoch. analysis very bearish
Strong moneyflow out of this equity
One of the weakest sectors in the market

Profile: Brookfield Homes Corporation (Brookfield Homes) is a residential homebuilder and land developer, building homes and developing land in master-planned communities and infill locations. The Company designs, constructs and markets single family and multi-family homes primarily to luxury and move-up homebuyers. Brookfield Homes also entitles and develops land for its own communities, and sells lots to other homebuilders. The Company’s operations are primarily in five markets: the San Francisco Bay area, the Southland/Los Angeles area, San Diego/Riverside, Sacramento and the Washington area. A home is considered closed when title has passed to the homebuyer. During the year ended December 31, 2005, Brookfield Homes closed a total of 8,107 homes.

SHORT: Levitt Corporation (Public, NYSE:LEV)

Monday, March 5th, 2007
SHORT: Levitt Corporation (Public, NYSE: LEV) $12.40 (3/5/07)

Sell price: $11.78 or
Sell date: April 5, 2007
Stop loss: $13.00 (-4.8%)

EMA very bearish
Stoch. analysis very bearish
Strong moneyflow out of this equity
One of the weakest sectors in the market

Profile: Levitt Corporation is a homebuilding and real estate development company with activities throughout the Southeastern United States. The Company primarily develops single-family homes and master-planned communities, and it also develops commercial and industrial properties and multi-family complexes. In its single-family home communities, Levitt specializes in serving active adults and families. In its master-planned communities, the Company historically generated substantial revenue from large acreage and finished lot sales to third-party residential, commercial and industrial developers. Levitt Corporation also sells land to its Homebuilding Division, which develops both active adult and family communities in its master-planned communities.