they also use those powerful front flippers for locomotion. whereas a true seal is going to use his back flippers like a tail, the way a fish moves by rotating the back end back and forth. these guys are going to use those powerful front flippers to propel themselves through the water. it's an incredible animal to watch and very typical and common in californian waters. the mountains rise directly from the coastline here and you need wander only a few hundred feet from the coast to experience dramatic change. the effect of exposure is dramatic and extreme here in the santa lucia mountains. what we're looking at right here in front of us seems to be a clean-cut line between where there's grass and chaparral and where there's one of the most luxuriant forests anywhere in the world - redwood forests. the difference is just what we call exposure or aspect - is it facing south or is it facing north? that slope over there is facing north, the slope i'm standing on, absent of trees is facing south. that makes a huge difference because the sun in the

♪ they call him flipper flipper, faster than lightning ♪ >>> welcome back in. it's time to check, "the pulse," stories we know you're going to be talking about today. you might have recognized that tune there from the '60s tv show, "flipper." there's a new study that suggests that dolphins in the wild call each other by name using a certain whistle. >> researchers found they sounded a particular whistle under water. and a specific dolphin responded to the sound. now, they want to know if dolphins talk to each other using similar sounds. >> they're so smart. >>> two divers almost became dinner off the coast of california. the men found themselves in danger when two humpback whales surged from beneath the water in search of prey. >> now, watch it again. you see that tail in the distance. that's a whale a quarter-mile away. the humpbacks can weigh up to 80,000 pounds. >>> a canadian deejay has come up with a unique way to remind drivers not to leave their children or pets in hot cars. they took some bacon. right there on the dashboard. >> he said the thermometer s

clap the back of your hands like his flippers. seal. seal! flap the lippers! he's swimming! like the flippers. sign seal. panda. make a p and show the panda's eye markings. or, spell it. p-a-n-d-a. panda. panda. panda. show his eye markings. panda. that's the sign! hippopotamus. show his teeth and his big mouth opening. hippopotamus. hippopotamus. that's a real hippo. like its big mouth. hippopotamus. now it's your turn. make the stripes on the zebra. zebra. zebra. they're signing zebra. show his stripes. zebra. sign zebra. your fingers show the stripes on his face. tiger. tiger. she's signing tiger. show the stripes on its face. [growl] sign tiger. lion. show the lion's big mane. lion. lion! two lions! [rrrow!] lion. you try it. where should we go first? hey? ♪ i'm walking through the zoo ♪ ♪ watchin' everything ♪ i'm lookin' at the rhinos ♪ ♪ or are they looking at me? ♪ ♪ ♪ and what about the bats? ♪ upside down like that ♪ are we up and they are down? ♪ ♪ or is it the other way around? ♪ ♪ ♪ who's here to see who at the zoo? ♪ ♪ i love

it is a good thing for the housing market this is happening, flippers are arbitragures, buying low, putting lip tick on. they help the market be more efficient, this is a good thing for the market, i can't say whether it is a good strategy for a individual investor. charles: i like that point, not necessarily an indictment on housing market but, a group of people who are adhering to a business model, they took a big shot when the housing market was falling apart, they have been rewarded that was their goal, do you think other people who are not necessarily professional flip irs should try it? >> no, i think it will be tough, your point is well taken, this is cyclical, now that housing prices are on is up swing, i have to disagree with dave, fundamental of housing market today are not that strong like in mid 2000s, there is not a lot of supply there are more buyers, that is an issue that i think with flippers they are drying up and liquidity because actual buyers who want to buy house say long-term are getting beaten up by the flipper guys. charles: if someone is watching this, rates are bou

it is a good thing for the housing market this is happening, flippers are arbitragures, buying low, putting lip tick on. they help the market be more efficient, this is a good thing for the market, i can't say whether it is a good strategy for a individual investor. charles: i like that point, not necessarily an indictment on housing market but, a group of people who are adhering to a business model, they took a big shot when the housing market was falling apart, they have been rewarded that was their goal, do you think other people who are not necessarily professional flip irs should tryt? >> no, i think it will be tough, your point is well taken, this is clical, now that housing prices are on is up swing, i have to disagree with dave, fundamental of housing market today are not that strong like in mid 2000s, there is not a lot of supply there are more buyers, that is an issue that i think with flippers they are drying up and liquidity because actual buyers who want to buy house say long-term are getting beaten up by the flipper guy charles: if someone is watching th, rates are bouncing a

. >> a guy going in for the rescue gets into the water and then pops the flippers on and goes for a swim, get on there, save the guy, save whoever it is out there, keep it going. >> and you're like wait a second, why was he even swimming and he tries doing the very, just can't look cool doing that run, tripping over your flippers, and you can stand the whole time. maybe you should yell out to the person having trouble stand up. >> that's one folly from the water. this one even better. bros out there having fun on the water. watch this guy here. >> oh, no. >> they push him in. you are thinking, okay, that's pretty bad, but it gets funnier. as they're trying to get the guy up, it is quite a bit of a struggle because the dude that got pushed in he is like not doing anything, like a lifeless body and grabbing him by the back of the pants like he is a little kid trying to pull them up. >> you're not doing anything. >> eventually everybody chips in and you think, okay, better than that. >> after all that. >> let's see that again. >> stand up. hold on. >> they did catch a swell right there. he

this guy goes into the water and pops on the flippers and goes in style to save the guy or whoever is out there and keep it going. then you are like, why were you swimming? then he tries to do the very you can't look cool doing that run tripping over the flippers and you can stand the whole time. maybe he should yell out to the person who is having trouble "stand up!" and that is sort of one folly from the water. this one even bet eer, some bros out there having fun in the water. watch this guy here. >> oh no. >> so they push him in. you are thinking, okay, that is pretty bad, people pushing him in, and that is funny, right? it is funnier, because as they are trying to get this guy up, it is a struggle, because the dude that is not doing anything is a lifeless body. they are grabbing him by the back of the pants trying to pick him up. >> you have to work. you are not doing anything. >> and there is a point where they are are not getting anything, right. better than that. >> oh! >> under all that. >> can can we see that again. >> come on. >> they did catch a swell right there and he wa

then pops the flippers on. goes for a swim. he gets out there. saves the guy, whoever it is out there. keep it going. you are like, wait a second. why was he even swimming. then he tries doing that very, you just can't look cool doing that run, tripping over your flippers. you are going out and you can stand the whole time. >> maybe he should yell out to the person who is having trouble, stand up. so that's one folly from the water. this one, even better, scuba bros out there having some fun on the water. watch this guy here. >> oh, no. >> they push him in. you are thinking, okay. people push him in. that's funny, right? it gets funnier. as they are trying to get this guy up, it's quite a bit of a struggle because the dude who got pushed in is not doing anything. he's like a lifeless body. they are grabbing him by the back of the pants like he's a little kid trying to pull him up. >> you have to work. you aren't doing anything. >> eventually everybody chips in. here comes the point you are thinking -- better than that. >> oh! >> after all that --

flippers return to the housing market. >> trading is underway on wall street. here is a look at big board the dow is down 46 points and we will go to jane king at the new york stock exchange. >> nearly two weeks after asiana flight 214 we will learn what led to the deaths of one of the >> coughing benicia, san ramon, san mateo and all the bay area, this is abc7 news. >> happening today the coroner will hold a news conference to reveal the cause of death to one of the victims of the asiana flight 214 crash. >> matt joins us from sfo. >> we will learn about a victim of the fatal asiana flight 214 the 16-year-old ye mengyuan was one of three teen girls killed in the crash. the coroner is holding a news conference this morning to release the exact cause and manner of death. last week police and officials confirmed 16-year-old was hit by a tire truck responding to the scene and runway was covered with phone when struck. "san francisco chronicle" is reporting two sources close to the investigation confirm that ye mengyuan was alive when hit. newspaper reports that so

flippers made an average gross profit of $18,000 per flip in the first half of this year. that's up 246% from a year ago. the average gross return, nine percent on the initial purchase price. of course flippers will put money into the homes for rehab. what are the top flipping markets. florida, omaha, nebraska and pittsburgh, pennsylvania. this surge appears to be largely individual investors, many of them flipping to the hedge funds that are buying to hold and rent. it's the new middle man. >> i would imagine that there are more flipping going on than the study reveals if you include those private equity firms out there that are buying homes and flipping them for the longer term? >> i talked to a bunch of them. the big time investors saying they're not flipping so much because their game again is to buy, hold and take advantage of rents. what's interesting is the flippers are flipping to the hedge funds so the hedge funds don't have to do the work on the homes. >> that seems like a whole lot of work. >> it does. the whole business model is how many trance,s are there and

flippers sold a profit, 35%. sonoma, weren't far behind and low end flippers in san francisco only saw a 6% profit. experts say you will need a cash reserve. have you ever gone into costo intending to buy a few items and ended up with a cart full of snuff the reputation for bargains makes it hard to reign in spend bug not every price offered is the best available. well, our friends over at consumers have put together a few tips, secrets if you will to help you find best price. any item selling with 97 cents is usually a sign something has been deeply discounted f there is an asterisk it means it won't be reorderered and the cheap won't get cheaper. if it ends in 49, 79, or 89 it's a hit costco receive received a special deal and savings is being passed on to you. here is something cool. a motion detector caught a cat burglar in the fact. -- actment melissa set up a camera to watch her dog whenever she was away. she used an app called drop cam to send her alerts. she saw a cat burglar in the home. she texted her n

flippers made an average $18,000. that's up 245% from a year ago. of course, flippers will put money into the homes for rehab. >> they're really just exponentially leveraging that increase in home prices, and the other thing, i think, is that they're targeting markets where home prices are increasing at a much faster pace than just 5 to 10 or 12% you're seeing nationwide. >> okay, so what are the top flipping markets? three of them are in florida along with omaha, nebraska and pittsburgh, pennsylvania. who would have thought, right? so flipping is actually cooling, though, in metros which were the hardest hit during the housing crash and where investors have already eaten up most of the investment properties. many of them are flipping to the hedge funds to buying to hold and rent. >> stick around. don't go anywhere, diana, because we want to bring in cnbc contributor dolly lens. you have ip vess toinvestors wi rising prices. >> as i'm looking at properties just closed, they are getting offers unsolicited to splflip t are 20% above what they just clo

hopping around, showing off his flippers. everyone celebrated the pup's one-month birthday. >>> here are sports headlines. it took 69 minutes of play before the only goal was made. it was team usa's breast cancckd landon donovan orchestrating. dodgers phenom yasiel puig. homer. 1-zip over the reds there. >>> it was an old guy's night. yankees' derek jeter. hi's just back from the disabled list. first at bat, bam, it's gone. the first homer in ten months for the 39-year-old. boy, is he back. bottom of the ninth, tied at five. newly returning alfonso soriano with a single. he had four hits. the old guys are getting it done. this is the week, they are saying, according to some reports, suspensions handed down for alleged purchases of performance enhancing drugs from biogenesis in miami. alex rodriguez possibly having to sit out next season. more than a dozen players targeted. >>> tied for the lead here. dustin johnson implodes. late when that happens. the ball catches the lip. rolls back down. double bogey. brandt snedeker for t

so apparently the flippers are back in the game, they're going market to market. they're not in the hot markets, remember. that's where the big hedge funds and the big institutional investors went, but these individual house flippers are making a ton on flipping these houses because prices are up so much, sue. >> what about the longer term picture, though? mr. paulson was specifically talking about buying a home and living in the home, not the flipping aspect of it. do you agree with his bullish analysis on that longer term? >> i do. look, you're not going to see home price appreciation up in the 12% range as it is right now. that's not going to continue and it will probably temper through the rest of this year, especially as mortgage rates go up. but historically speaking, housing has always been a good investment, it has always shown a solid, steady rise in appreciation when we're not in a housing crash, of course. if you are looking to stay in the home long term for at least 7 to 10 years, and with rates as historically low, let's not forget they are historical

which is keeping also me sure by ears need the appraisal to make sure that you can sell it if we hear flippers' earning 20 grand? >> it is possible but if you get intothe business you have to be prepared to lose money on the first few deals you ve to have the right team and a dusty and time frames and wait longer if you cannot sell immediately. there are so many variables in you can get hurt. normally that $20,000 is the average that people set the house from the purchase price that may not include profit depending on how much to put into the hom. lori: how long should you expect? >> most at do it with the hard money lenders that are set my professional are trying to buy a home in the flip it within six months. lori: they say most of the markets are in florida? what is special? >> florida is the best day in the country but it has always enjoyed a stronger real estate market bid is a bellwether because it is a fast-growing state over the past seven decades is the fastesgrowing state in the country so it continues to see investment and don't forget we have too good to 50,000 per year moving to t

. >> reporter: nationally, flippers are making an average of about $18,000 a sale. seymour says he shoots for 20% profit on each house and generally spends about four months from acquisition to sale. >> $200 makes this room pop. >> reporter: but they're not all winners. there are unexpected costs? >> there are always, always surprises. sometimes i do a little bit better. sometimes i don't do quite as good. >> reporter: what was the biggest money pit you got yourself into? >> septic system. it ended up being a $45,000 repair. >> reporter: as for this home in east boston, after just three days on the market, it sold for $285,000. a $60,000 profit. good news for seymour, and the neighbors. >> it's an economic stimulator in and of itself. because it's properties that move our economy. real estate is what moves our economy. >> that is some return on investment. what about the rest of us? if you're selling your home. he said all it takes is a $200 investment and you get a bigger return. >> small things can create a big impact in the sales price. tip number one, put $250 i

which is keeping also make sure by ears need the appraisal to make sure that you can sell it if we hear flippers' earning 20 grand? >> it is possible bu if you get into the business you have to be prepared to lose money on the first few deals you have to have the right team and a dusty and time fres and wait longer if you cannot sell immediately. there are so many variables in you can get hurt. normally that $20,000 is the average that people set the house from the purchase price that mayot include profit depending on how much tout into the home. lori: how long should you expect? >> most that do it with the hard money lenders that are set my professional are trying to buy a home in the flipt within six months. lori: they say most of those markets are in florida? what is special? >> florida is the best day in the country but it has always enjoyed a stronger real estate market bid is a bellwether because it is fa-growing state over the past seven decades is the fastest-growing state in the country s it continues to see investment and don't forget we have too good to 50,000 per year moving to this

which is keeping also make sure by ears need the appraisal to make sure that you can sell it if we hear flippers' earning 20 grand? >> it is possible but if you get into the business you have to be prepared to lose money on the first few deals you have to have the right team and a dusty and time frames and wait longer if you cannot sell immediately. there are so many variables in you can get hurt. normally that $20,000 is the average that people set the house from the purchase price that may not include profit depending on how much to put into the home. lori: how long should you expect? >> most that do it with the hard money lenders that are set my professional are trying to buy a home in the flip it within six months. lori: they say most of those markets are in florida? what is special? >> florida is the best day in the country but it has always enjoyed a stronger real estate market bid is a bellwether because it is a fast-growing state over the past seven decades is the fastest-growing state in the country so it continues to see investment and don't forget we have too good to 50,000 per year m

which is keeping also make sure by ears need e appraisal to make sure that you can sell it if we hear flippers' earning 20 grand? >> it is possible but if you get into th business you have to be prepared to lose money on the first few deals you have to have the right team and a dusty and tim frames and wait longer if you cannot sell immediately. there are so many variables in you can get ht. normally that $20,000 is the average that pele set the house from the purchase price that may not include profit depending on how much to put into the home. lori: how long should you expect? >> most that do it with the hard money lenders that are set my professional are trying to buy a home in the flip it within six months. lori: tey say most of those markets are in florida? what is special? >> florida is the best day in the country but it has always enjoyed a stronger real estate market bid is a bellwether because it is a fast-growing state over the past seven decades is the fastest-growing state in the country so it continues to see investment and don't forget we have too good to 50,000 per year moving t

which is keeping also make sure by ears need the appraisal to make sure that you can sell it if we hear flippers' earning 20 grand? >> it is possible but if you get into the business you have to be prepared to lose money on the first few deals you have to have the right team and a dty and time frames and wait longer if you cannot sell immediately. there e so many variables in you can get ht. normally that $20,000 is the average that pele set the house from the purchase price thatay not include profit depending on how much to put into the home. lori: how long should you expect? >> most that do itith the hard money lenders thatre set my professional are trying to buy a home in the flip it within six months. lori: they say most of those markets are in florida? what is special? >> florida is the best day in the country but it has always enjoyed a stronger real estate market bid is a bellwether because it is a fast-growing statever the past seven decades is the fastest-growing state in the country so it continues to see investment and don't forget we have too good to 50,000 per year moving to this da

in 2011, we saw the average house flipper lose more than 13,000 in their deals, and you see the profits coming back. so where are some of the best places to flip homes? some of the most profitable markets are right in -- omaha and pittsburgh are also hot spots for flippers, and everybody wonders what makes it a good market? you want to be the home price recovery there not very strong, you want to see still foreclosures there, distressed properties for sales, because as an investor, but you look at big cities, they actually had the most total flips, carol, because it's all about demand, and everybody wants to live in the big cities where the prices are really, really high. >> i know. what's kind of sad about there, people buying the houses are swrestors, not visit home buyers, so the investors, they're the ones making the money. >> of course, you know action if you're an investor flipping a home, you're out there to make a big buck, but you look at the interest rates, though they have been moving up lately, interest rates are still at historic lows, so you are still seeing the average jo

should burger flippers make $15? we have more and more coming up. a warning from the fda over a popular item in that may be in your medicine cabinet. important information that you need to know. and how do you do that? talking to your mom or dad are in the older relative about critical decisions like when to stop driving or make money decisions. they're is a right way to do this and we will tell you how. ♪ ♪ ♪ ♪ ♪ [ male announcer ] if y can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announc ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company.

wch is keeping also make sure by ears need the appraisalto make sure that you can sell it if we hear flippers' earning 20 grand? >> it is possible but if you get into the business you have to be prepared to lose money on the first few deals you have to have the right team and a dusty and time frames and wait longer if you cannot sell immediately. there are so many variables in you can get hurt. normally that $20,000 is the average that people set the house from the purchase pre that may not include profit depending on how much to put into the home. lori: how long should you expect? >> most thato it with the hard money lenders that are set my profeional are trying to buy a home in the flip it within six months. lori: they say most of those markets are in florida? what is special? >> florida is the best day in the country but it has always enjoyed a stronger real estate market bid is a bellwether because it is a fast-growing state over the past seven decades is the fastest-growing state in the country so it continues to see investment and don't forget we have too good to 50,000 per year moving

the air curler is a banana burl, not just a flipper curl. it should be used on damp hair, length depends on thickness of the hair, and you may need an oil-free activator product to achieve the desired results. you have some of those products out there, are you switching over to the tubular eggs? >> bambooee. >> i'm going to make a crona in the rolly. we'll show you the results. >> after he dries his hair and curls it. >>> coming up in pop news, what is going on with justin beiber? the new pictures this morning that could cause further damage to the young star's reputation. pop news, keep it here. plus that. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbic

it's a lot of investors and flippers. we'll see what that does to the market. >>> coming up, this is big. a decades old mystery could be solved. who was the boston strangler. new dna evidence could close that case. it's coming up next. [ whirring ] [ dog barks ] i want to treat more dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. thes

not play that flipper game. i am actually indifferent. my goal, try not to make you money. one thing i don't think you should do ever is go into the after market. listen to me, i don't want you to go into the after market meaning i don't want you to boy it on the open market after it started trading. particularly at inplated valuation levels. forget about it if you don't get in. i got staggering statistics that shows you, you are almost a sure loser if you buy a hot stock with a couple stocks allowing you to make money. most gigantic losers that could destroy your nestegg? >> hurks linked is in, a total winner. groupon still remains in the doghouse as so many of the shooting stars of the bygone era. the odds favor losing not making money in after market investing in ipos. trust me in that. remember, you are in a much better position. you don't need to buy a lot of stock above the offering price, in order to be sure you have enough shares. can you pick or choose, provided you do enough business. in the after market, wait until you get a reasonable entry price. performance, d

should burger flippers make $15? we have more and more coming up. a warning from the fda over a popular item in that may be in your medicine cabet. important information that you need to know. and how do you do that? talking to your mom or dad are in the older relative about critical decisions lik when to stop driving or make money decisions. they're is a right way to this and we will tell you how. ♪ [ male announcer ] the mercedes-benz summer event is here. now get the unmistakable thrill... and the credible rush... of the mercedes-benz you've always wanted. ♪ but you better get here fast... [ girl ] yay, daddy's here. here you go, honey. thank you. [ male announcer ] because a good thing like this... phew! won'tast forever. mmm. [ male announcer ] see your authorized dealer for an incredible offer on the exhilarating c250 sport sedan. but hurry, offers end july 31st. are you flo? yes. is this the thing you gave my husband? well, ye, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to ch

not just a flipper curl. it should be used on damp hair, in an up and down motion. length depends on thickness of the hair, and you may need an oil-free activator product to achieve the desired results. dan, bianna, you have some of those products out there. are you switching over to the tubular eggs? >> bambooee. >> i'm going to make a cronut in the rollie. after the break, we'll show you the results. >> after he dries his hair and curls it. thank you, becky. we appreciate it. >>> coming up in pop news, what is going on with justin beiber? the new pictures this morning that could cause further damage to the young star's reputation. as we said, "pop news" after the break.keep it here. plus cronuts out of the rollie. cronuts out of the rollie. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbi

back flippers, blockbuster grid lock, fading barbies. joining me now is regina lewis. beginning with the housing market here, house flipping, is that back? what does it mean? >> it means buying and selling within a six-month window. home prices are up 12%, so you have margins to work with. the new average gain is $18,000. john poulsen said he thinks real estate remains one of the best investments you can make. buy a home. the second best investment, buy a second home. he explained it this way. say a house was $100 and you put 20% down. if a year later it was worth $112, you have made 60% on that $20 that you put up. how also are you going to make 60%. >> good point. what about hollywood. hollywood is losing millions this summer. they are saying it's of their own making. why? >> well, they are saying they crowded themselves out. it's called blockbuster fatigue. the movies that cost more than 100 million to produce. just too many of them, alex. they're crowding things out. pacific rim, white house down, lone ranger. it doesn't have broader ramifications within the movie

. >> they don't reflect these jobs coming in are part-time jobs, burger flippers, waitresses. we're not getting a healthy job recovery. if you look at labor rates, capacity utilization, none it have shows an accelerating economy. >> you're absolutely right. >> but i dare say, whatever the nuances and we don't have time tonight to dissect the jobs report, okay, i think you've said some things that are right, though i think there may be some exaggeration. i want to go to jack's point, jim. if it is announced in the fall that janet yellen is replacing ben bernanke, which i think is going to happen, and september is the time everybody expects the fed to slow down their bond purchases, that all could happen in september. this is the end of july. should investors be concerned about those events and should they start to pull back? that's really a huge question right now because the market looks ahead. >> it depends on the order. you just said in a previous segment that janet yellen is a dove. i think janet yellen is a dove, too. if she comes in before ben bernanke makes an announceme

not play that flipper game. i am actually indifferent. my goal, try to make you money. one thing i don't think you should do ever is go into the after market. listen to me, i don't want you to go into the after market, meaning i don't want you to buy it on the open market after it started trading. particularly at inflated valuation levels. forget about it if you don't get in. i've got staggering statistics that shows you, you are almost a sure loser if you buy a hot stock after it trades with a couple stocks allowing you to make money. most gigantic losers that could destroy your nest egg. linkedin, a total winner. groupon still remains in the doghouse as so many of the shooting stars of the bygone era. the odds favor losing, not making money in after market investing in ipos. trust me in that. remember, you are in a much better position. you don't need to buy a lot of stock well above the offering price, in order to be sure you have enough shares. you can pick and choose, provided you do enough business with a broker. in the after market, wait until you get a reasonabl

the battle of the oranges is billed as italy's biggest food flight and grab your flippers and head to wales for a snorkeling champions. i don't want to do that! if you're a fan of winnie the pooh, head to austin, texas for the birthday party. for more on the list, head to jansing.msnbc.com. is like hammering. riding against the wind. uphill. every day. we make money on saddles and tubes. but not on bikes. my margins are thinner than these tires. anything that gives me some breathing room makes a difference. membership helps make the most of your cashflow. i'm nelson gutierrez of strictly bicycles and my money works as hard as i do. this is what membership is. this is what membership does. "first day of my life" by bright eyes you're not just looking for a house. you're looking for a place for your life to happen. there's a new way to fight litter box odor. introducing tidy cats with glade tough odor solutions. two trusted names, one amazing product. what makes a sleep number what makes a sleep number store different? you walk into a conventional mattress store, it's really not about y

in the 2000 the village population fell 20% and those unwanted houses attracted speculators and flippers it had some of the weakest lending laws in the nation so on their quest opened an office and invented the stated income loan. if a borrower said hebron's 100,000 the lender took his word for it to. they would not let the facts get in the way. but 903 the properties were in foreclosure the highest in the zip code of any nation but of what it is like to live in the neighborhood of empty homes. but it houses the to have been then slavic village is the site of a mass rapture. the retired magazine editor a bachelor who would like to sit on his porch has lived his entire life in this little house of his grandfather bought in 1923. the kind of house that is good enough for everyone in cleveland. 800 square feet in a plot of grass with the virgin mary and the american flag. he shared with his brother. now he is alone. he died in 2005. his school friends want to know why he didn't go to the suburbs. is no wonder the neighborhood they grew up in. he stayed here and like many other urban neighbo

the luxury flipper is here. remember the newspaper publishing the addresses of gun owners? they are at it again. ♪ this wednesday morning, the target is pretty much dead flat ahead of what we call fed minutes. that's the thinking within federal rereceiver meetings that are published at two o'clock this afternoon. charles, have thoughts on that in >> last week, there was an interesting development because the street sort okay, there's tapering in september. it'll be between 20-30 billion, and it came to grips with it with the best four-day run of the year so far in the last four days. >> okay. what do you expect today? you don't know, but speculate. >> we don't know, but mortgage applications bother me. we had a big spike in mortgage rates. mortgage applications are down. refinancings are down. that 45z -- has to bother ben bernanke. he wants to taper, but i don't know he can. 2,000 part-time workers is not what he was looking for. >> right. could be good news for the market. >> walking back the tapering comments, we'll see. >> stocks, individuals in the news, starting wit

an inflicted flipper had to be removed. she's been handicapped. her return was big news in baltimore. >> she can still swim good. >> reporter: calypso began nibbling on the coral and since then has gotten a few more notable neighbors. >> what do you hope to get out of this? >> ait would have taken hundreds of years to develop. we're trying to teach that coral reefs are stunningly beautiful, they're fragile and in pearl. >> later today. >> what did you think when you hit the water? >> i thought it was incredible. to recreate it and make it look as much like coral as possible, they do it. and it's extraordinary to go down there. >> you can tell they spent big bucks. >> not just making that movie but making a movie while the public was watching. >> yeah nice. >> it makes me want to go. makes mes me want to go. >> ♪ ♪ [ female announcer ] no other system lets you take your license from state to state. no other system integrates patient care so holistically. places such advanced technology in the hands of practitioners. has the privilege of caring

local officials say they are sympathetic but they cannot bend the rules, banning flippers and fins. that's your news at 8:05. now, back to the park. >> what's the problem with the mermaid suit? >> i like that they have rules for mermaids. who would have seen that coming? >> it's a mermaid suit. it belongs in the water. >> thank you, "sea rescue." >> saturday mornings on your abc stations. >>> going to lara, for the seamless transition to "pop news." >> i think dan and i should have flipped a coin over that story. >> did i say that's not red? cherry red day here. jason derulo. happy friday to you. we begin with "the simpsons" and "family guy," peter griffin. they're joining forces. producers are making a crossover episode called "the simpsons guy." peter and the griffin family go on a road trip. they end up in springfield. the cartoon families totally bond. we hear peter and homer go toe-to-toe over which beer is better. pawtucket or duff's. you know which one i'm going for. you can find out which beer turns out to be the best, when that mashup airs in the fall of 2014. that's going

. >> reporter: nationally flippers are making an average of $18,000 a sale. seymour shoots for 20% profit on each house and generally spends about four months from but acquisition to sale. >> $200, two and a quarter. they're not all winners. there are unexpected costs? >> there are always surprises. sometimes i do a little bit better. sometimes i don't do quite as the good. >> reporter: what was the biggest money pit you got yourself into? >> septic system. it ended up being a $45,000 repair. >> reporter: as for this house in east boston after three days on the market it sold for $285,000, $60,000 profit. great news for seymour and the neighborhood. in real estate, a rising tide lifts all boats. rebecca jarvis, abc news. boston. >> risky flipping those homes. you can make a lot of money. if nobody buys it you're stuck. >> that's true. >> one thing to flip a home. another to sell your home. we recently sold our home. one thing we were told, where you want to invest your money. didn't have to invest much. where you want to invest your money if you want to sell

. >> steve: there is two flippers there. >> brian: right. both can fight crime. >> gretchen: another fox news alert. new video into the fox news room of prince charles. >> very exciting. >> gretchen: prince charles continuing with his scheduled engagements along with his wife, camilla. this morning the world wants to know when will we see the royal baby and what is his name? martha mccallum live in london with the new details. good morning again, martha. >> good morning again. you're right, those are the two big questions. when will we see the royal baby and what is his name? on the first question, we think we're a few hours away now from the first appearance of the royal baby on the steps of saint mary's hospital behind me. no doubt, the new mom is resting up. it's a long day. she experienced yesterday. now we're hearing that it could be in the early hours of this evening our time, which is five hours ahead of your time back in new york. so that's one of the big questions that remains. the main question is getting a lot of attention as well

. >> i saw this catfish walking from another pond, walking with his flippers across the land. i hadn't had anything. i'm just telling you what i saw. >> gretchen: here is the pressing question -- >> i've seen monkeys get in my tents and undo a zip tore get into clothes and take them into trees and play with them. >> gretchen: here is the pressing question that brian needs an answer from you on before he can continue with his day. we've only seen video of the goats up in the tree and jumping out. he is still mystified how they got up the tree. >> you got to understand, they can take a little piece of bark probably, just watching them with their feet in the mountain mountains. they can get up those trees with the bark and climb a tree. i told you about the lung fish can even survive -- i know, there is a frog, by the way, i've seen a frog that covers himself in snot and goes down in the dirt. it's like a -- >> brian: frog with allergies? >> i'm serious. >> steve: get him some claritin. >> a frog is down there for six months living inside -- >> steve: amazing thins from the anima

and for a flipper who can get out in a year, it seems to be a fairly safe bet. >> robert, a little bit of difference or the differentiation here, and the release mentions that the eastern sun belt cities like miami and tampa are lagging behind the western counter parts? >> well, the really big cities, yeah, they are the notably san francisco which is going bananas, and all right. it is psychology and i can't explain it entirely, but it seems like california has h historically been the most bubbly state in the country and it continues. >> robert, what is your take on the mortgage rates and in is backward looking and big move up, and what is it going to do to the housing market? >> well, the mortgage rates set record lows last fall shortly after qe3 was announced a and that created and part of the impetus for this. people are influenced by the record low. they don't want noisz that. that is part of the thing that is temporarying, because the interest rates are up so much. i still think that people are thinking of going higher, so it is a positive force right now. >> and robert, i want to

. >> i'm a flipper. that's what i love to do. >> last year 4 million people went for a ride hoping to grab some air, try some tricks and not end up, as they say, doing a face plant in the water. he went pro at 11 years old and now at 24 is one of the top ranked wake boarders in the world. >> what do you love about wakeboarding. >> there's a lot to love about it. for me, it's endless possibilities you can do. there's so much room for it to grow still. >> this is your office. not bad. >> it's a pretty descent office. >> i wouldn't mind it. how much water will i be drinking today? >> well, hopefully not much. i think you'll be fine. you'll get up on your first 3 to 5 tries. >> i hope you're right. let's give it a go. >> why do you always have me do these things? why. >> with my heart pounding, i was ready for action. >> all right. you ready? >> for me, getting up was the easy part. it was staying up that i needed to work on. >> nice job natalie. >> reporter: i quickly learned that walking on water is all ab