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MartySumichrast

  1. Expect Dow to drop under 9,000 next week...and possibly test 8,000 low by the end of October.
  2. We are in one of the greatest home BUYERS market in history...deals everywhere, lowest rates in history...you can buy for less than cost!!!
  3. Click http://bit.ly/LzNbx to read my new article on Jim Cramers Street.com.
  4. September jobless rate of 9.8% is way understated....look for October rate to be North of 10%.
  5. China Integrated Energy (CBEH) filed a secondary offering of securities through Oppenheimer &CO for expansion capital of $50 million
  6. For those following China Bio Energy Holdings (NASDAQ:CBEH) they changed their name to China Integrated Energy...same ticker symbol CBEH
  7. Expect another disappointing jobless claims number today at 8:30am
  8. Read my new article in Jim Cramers street.com: http://bit.ly/2IRezJ
  9. If you have a loan modification nightmare to report, email marty@sumichrastreport.com
  10. Just spoke to Countrywide on Loan modification process...I am truly in shock over how messed-up they are...different answers week to week
  11. Mortgage appraisers need to look at replacement costs not just comps from distressed properties. This is an unnecessary drag on housing.
  12. The mortgage appraisal business has swung too far in the other direction, they are undervaluing everything, causing bank to kill loans
  13. Spoke to a prominent consultant for Fortune 500 companies, business is starting to flow again, albeit slowly, but thats a good sign
  14. Fed will announce the end to easing, interest rates will continue to inch-up, look to second quarter of 2010 when fed starts to tighten
  15. Loan Modification: Ten Tips to Help Homeowners Weather the Shark-Filled Waters Go to www.SumichrastReport.com
  16. May housing starts and permits were up slightly, this is good news for housing, but don't pop champagne corks yet, very slow recovery ahead
  17. Look at China Fire & Security (CFSG), China Bio Energy (CBEH), QKL Stores (QKLS) and Shengkai Innovations (SKII)..I own all 4, great numbers
  18. China will let its currency strengthen..they want to buy assets abroad...buying Chinese co's listed in the US and trading in USD is the play
  19. @kadamof IIt could be anywhere.
  20. I'm looking to hire part time economic research analyst, must have minimum 5 yr exp & real estate expertise