TOA

[nullzero]

"Technical Olympic USA, Inc. engages in the design, building, and marketing of single-family residences, town homes, and condominiums in the United States. It markets its properties primarily under the brand names Engle Homes, Newmark Homes, Trophy Homes, and Transeastern Homes to the 'first-time' homebuyers; 'move-up' homebuyers; homebuyers, who are relocating to other city or state; buyers of second or vacation homes; active-adult homebuyers; and homebuyers with grown children, who want a smaller home. The company conducts its operations in various metropolitan markets in 10 states located in four major geographic regions, which consist of Florida, the mid-Atlantic, Texas, and the western United States. In addition, it provides various financial services, including mortgage financing, title insurance, and closing services to its homebuyers and to others. Technical Olympic markets and sells its properties directly, as well as through commissioned sales personnel and independent real estate brokers. The company was founded in 1983 and is based in Hollywood, Florida." from yahoo finance

TOA looks like a good short entry. It has had a big rebound from the low in the 6s about 3 months ago. TOA seems to have hit a wall with heavy resistance above in the 10.50-11 range. The profits are declining for TOA and there is also several class action lawsuits against this homebuilder.

[Terliso]

Nice short pick Null ...Looks like gonna go down another 50% from the current price.

Technical Olympic Swings to 4Q Loss,
Technical Olympic swings to 3Q loss.

[nullzero]

Thanks Terliso

[Terliso]

TOA - down over 14% hitting a new low again

[Terliso]

Nice short pick Null ...Looks like gonna go down another 50% from the current price.

Technical Olympic Swings to 4Q Loss,
Technical Olympic swings to 3Q loss.

Down almost 25% I like it, no complaint here

[waxweazle]

rebound
lets Squeezz the shorts 

[waxweazle]

Yesterday 1. white candle look to the last big downmove we got many white candles.
Here are the people biggly short
Chart looks Ready for a big Rebound
today 2. white candle

[nullzero]

Becareful going long this stock is plagued with lawsuits and has a high risk of going bankrupt. Though I definately wouldnt be going short here so it could make a good rebound for a few days on the long side.

[cipisek]

Hi

Wall Homes to Double Size with Acquisition of Dallas/Fort Worth Division of Newmark Homes
Thursday May 10, 5:23 pm ET


ARLINGTON, Texas, May 10 /PRNewswire/ -- Steve Wall, founder and CEO of Wall Homes, a homebuilding company based in Arlington, Texas, and Newmark Homes, a subsidiary of TOUSA (NYSE: TOA - News) have announced that Wall Homes has entered into an agreement to acquire a substantial amount of the assets of the Dallas/Fort Worth division of Newmark Homes, including raw land, site developments, finished lots, and construction in process.

With the acquisition, Wall Homes will increase its active neighborhoods in Texas to nearly 50 from 28.

"This is an amazing opportunity for Wall Homes," said Steve Wall. "Newmark parallels Wall's market focus and dedication to customer service and satisfaction. With the acquisition, we begin our third year in business at twice the size we were at the end of our second year. It's a great fit."

Newmark has built and sold homes throughout Texas and Tennessee for more than 20 years. In the DFW area, Newmark's 20+ active communities, with prices ranging from $126,000's-$400,000's, will become Wall Homes neighborhoods effective early June.

The sale does not affect other Newmark divisions.

Until closing, which is anticipated for May 31, 2007, Wall Homes will conduct employee evaluations and consideration of reassignments within the expanded Wall organization.

The purchase follows a pattern of steady growth established by Wall since its founding.

Wall Homes was established in 2005 to offer homes with a focus on architectural style to discerning buyers. Neighborhoods throughout Dallas, Fort Worth, Houston, Austin, and San Antonio offer a variety of single-family detached and attached homes priced from the $120s to the $500s. Based in Arlington, Wall Homes is on the web at http://www.wall.com.

TOUSA is a leading homebuilder in the United States, operating in 16 metropolitan markets located in four major geographic regions: Florida, the Mid-Atlantic, Texas, and the West. TOUSA designs, builds, and markets high- quality detached single-family residences, town homes, and condominiums to a diverse group of homebuyers, such as "first-time" homebuyers, "move-up" homebuyers, homebuyers who are relocating to a new city or state, buyers of second or vacation homes, active-adult homebuyers, and homebuyers with grown children who want a smaller home ("empty-nesters"). It also provides financial services to its homebuyers and to others through its subsidiaries, Preferred Home Mortgage Company and Universal Land Title, Inc. For more information on TOUSA, is on the web at http://www.tousa.com.

This news release may contain forward-looking statements. TOUSA wishes to caution readers that certain important factors may have affected and could in the future affect TOUSA's actual results and could cause the actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of TOUSA. This press release is qualified in its entirety by cautionary statements and risk factor disclosure contained in TOUSA's Securities and Exchange Commission filings.


--------------------------------------------------------------------------------
Source: Wall Homes

From: http://biz.yahoo.com/prnews/070510/dath039.html?.v=84

[cipisek]

Hi

http://www.reuters.com/article/mergersNews/idUSBNG12228120070517

UPDATE 1-TOUSA gets loan commitments from Citigroup Global
Thu May 17, 2007 10:28AM EDT
(Adds joint venture details; stock movement)

May 17 (Reuters) - Homebuilder Technical Olympic USA Inc. (TOA.N: Quote, Profile, Research said Citigroup Global Markets Inc. has agreed to provide the company two new $250 million loan facilities.

Shares of the company were up more than 6 percent at $4.16 in morning trade on the New York Stock Exchange.

TOUSA expects to use the proceeds to fund any settlement related to its Transeastern joint venture.

As a condition to the new facility, the company's commitment under its $800 million revolving loan facility will be reduced by $100 million, TOUSA said in a statement.

TOUSA said it does not expect to execute the commitment letter unless it has entered into settlements with the creditors to the venture.

It has until May 28 to execute the commitment letter, Hollywood, Florida-based TOUSA said in a statement.

TOUSA has been in trouble with lenders for Transeastern amid a slump in the housing market in the United States.

Early this year, TOUSA started settlement discussions with the lenders and offered to buy some or all of the venture's assets. (Reporting by Ankur Relia in Bangalore)

[cipisek]

Hi

[cipisek]

Hi

Today: support 4.04, resistance 4.26, opinion BUY

[cipisek]

Hi

From: http://www.reuters.com/article/bankingfinancial-SP/idUSWNAS258320070529
TOUSA gets extension on loan from Citigroup Global
May 29 (Reuters) - Homebuilder TOUSA Inc. (TOA.N: Quote, Profile, Research said it received an extension of the written commitment from Citigroup Global Markets Inc. for two $250 million loan facilities.

The company had until May 28 to execute the commitment letter for the loan, proceeds of which would be used to fund any settlement related to its Transeastern joint venture.

(Reporting by Purwa Khandelwal in Bangalore)

Today: support 3.94, resistance 4.58, opinion HOLD

[cipisek]

Hi

from: http://money.cnn.com/news/newsfeeds/articles/primenewswire/120923.htm

TOUSA Announces Closing of Dallas Division Sale

HOLLYWOOD, Fla., June 6, 2007 (PRIME NEWSWIRE) -- TOUSA, Inc. (NYSE:TOA) announced today that it completed the sale of substantially all of the assets of its Dallas Division to Wall Homes. Proceeds from the transaction will be used to reduce debt to strengthen the Company's balance sheet and improve its liquidity.

"We are pleased to complete the Dallas Division sale and continue the execution of our asset management strategy," said Antonio B. Mon, President and Chief Executive Officer of TOUSA. "This is one accomplishment among several key balance sheet initiatives, and we are committed to the further execution of these initiatives to correctly position TOUSA for the current challenging housing market and the eventual market recovery."

TOUSA, Inc. is a leading homebuilder in the United States, operating in various metropolitan markets in 10 states located in four major geographic regions: Florida, the Mid-Atlantic, Texas, and the West. TOUSA designs, builds, and markets high-quality detached single-family residences, town homes, and condominiums to a diverse group of homebuyers, such as "first-time" homebuyers, "move-up" homebuyers, homebuyers who are relocating to a new city or state, buyers of second or vacation homes, active-adult homebuyers, and homebuyers with grown children who want a smaller home ("empty-nesters"). It also provides financial services to its homebuyers and to others through its subsidiaries, Preferred Home Mortgage Company and Universal Land Title, Inc. For more information on TOUSA, please visit our website at www.tousa.com.

The TOUSA, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1821

Wall Homes was established in 2005 to offer homes with a focus on architectural style to discerning buyers. Neighborhoods throughout Dallas, Fort Worth, Houston, Austin, and San Antonio offer a variety of single-family detached and attached homes priced from the $120s to the $500s. Based in Arlington, TX, Wall Homes is on the web at www.wall.com.

Today: support 3.96, resistance 4.54, opinion BUY