Neither....WWEI.Leh and Wamu werent penny stocks when I got the check.I just took a complete gamble with WWEI.The only think it had going for it was its a wind company and Pickens announced his plan interest spiked and took it to .20.Though I believe its a scam company because they have been touting a PPA for a windfield and keep pushing the dates out.I wouldn't invest in the company.

Plus, you've got competition from well-heeled parents buying for their kids, and fuzzy-math investors who think that if the rent covers the mortgage they are doing swell, especially when they add in 'appreciation'.Keep in mind this crop of kids is the most spoiled I have ever seen and they all feel super-entitled.

The numbers really spike after (no names mentioned) boot camps and seminars.

At least the money is guaranteed to be available for 20 yrs, even if the rate spikes.

The crime rate spiked with the relocation of Katrina refugees to the city, many who never left.

The maintenance and vacancy spikes and they don't have enough reserves to cover a touch patch.

Carrboro - the western part of the Southern Part of Heaven - that would be Chapel Hill (go Tar Heels!).

This spike in values are due to investor capital.

-Hedge funds leaving Vegas-New/higher home prices combined with lower rental rates causing lower CAP rates and cashflow-The 80,000+ homeowners that are in default-The spike in NOD's being filed (Las Vegas is currently the 2nd leading city for NOD's being filed.These are just a few of the factors our local market is currently facing.

I'm wondering if it's a temporary spike before another slump.