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#2821 FCP Bob

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Posted 24 August 2011 - 05:27 AM

View Postmrdannyg, on Wednesday, August 24th, 2011, 9:17 AM, said:

I'm considering buying BAC on a short-term play (timeframe - 2 weeks to 6 months). Tell me why I'm crazy.
Because the Bank Of America is totally screwed and might actually be insolvent and nobody believes that their Balance Sheet is anything but fiction.
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#2822 strategy

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Posted 24 August 2011 - 08:34 AM

there are a plethora of good reasons not to buy BAC right now. they're getting sued by AIG for $10B, on top of all the other stuff bob said.oh, and I'm long SPY right now. probably just gonna buy more if we are actually entering into a recession. seems unlikely.
QUOTE (ShakeZuma @ Wednesday, November 2nd, 2011, 4:25 AM) <{POST_SNAPBACK}>
seriously though, with that grammar it's really like, I mean it doesn't bother me as much that she gets beat, you know?


#2823 brvheart

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Posted 24 August 2011 - 09:36 AM

View PostFCP Bob, on Wednesday, August 24th, 2011, 8:27 AM, said:

nobody believes that their Balance Sheet is anything but fiction.
Nobody?I'm guessing that the feds have a few (million) eyes on them.

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.

#2824 strategy

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Posted 24 August 2011 - 01:19 PM

View Postbrvheart, on Wednesday, August 24th, 2011, 12:36 PM, said:

Nobody?I'm guessing that the feds have a few (million) eyes on them.
bank financial statements are pretty much a joke, though, dude.
QUOTE (ShakeZuma @ Wednesday, November 2nd, 2011, 4:25 AM) <{POST_SNAPBACK}>
seriously though, with that grammar it's really like, I mean it doesn't bother me as much that she gets beat, you know?


#2825 AmScray

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Posted 24 August 2011 - 01:43 PM

View Poststrategy, on Wednesday, August 24th, 2011, 2:19 PM, said:

bank financial statements are pretty much a joke, though, dude.
רובם היו נענשים מאוד על 3 השנים האחרונות בשל הונאה חשבונאית. יש מקום לחשד, אבלרק כאשר הראיות עולה אמין של
Posted Image

#2826 brvheart

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Posted 24 August 2011 - 01:43 PM

View Poststrategy, on Wednesday, August 24th, 2011, 4:19 PM, said:

bank financial statements are pretty much a joke, though, dude.
Maybe their public ones, but you can't tell me that the government isn't camping out in their assholes since 2008. There is no way the SEC doesn't have people auditing them constantly.

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.

#2827 brvheart

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Posted 24 August 2011 - 07:43 PM

View Postbrvheart, on Wednesday, February 16th, 2011, 5:54 PM, said:

FOR THE LOVE OF ALL THAT IS HOLY... SELL YOUR APPLE STOCK!!!http://finance.fortu...e-jobs-resigns/

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.

#2828 mrdannyg

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Posted 25 August 2011 - 06:06 AM

View Postmrdannyg, on Wednesday, August 24th, 2011, 10:17 AM, said:

I'm considering buying BAC on a short-term play (timeframe - 2 weeks to 6 months). Tell me why I'm crazy.
You goddamn bastards:http://blogs.barrons...od=yahoobarronsUp 20% since I made that post. Yesterday.Gotta love Buffett. He gets 700 million warrants included. They're underwater, so no big right? No surprise, on the news he's buying in the shares jump, and his warrants are already worth over $800 million.
Long signatures are really annoying.

#2829 iZuma

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Posted 25 August 2011 - 06:10 AM

hahahaha poker forum stock advice fail

#2830 FCP Bob

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Posted 25 August 2011 - 03:12 PM

View Postmrdannyg, on Thursday, August 25th, 2011, 10:06 AM, said:

You goddamn bastards:http://blogs.barrons...od=yahoobarronsUp 20% since I made that post. Yesterday.Gotta love Buffett. He gets 700 million warrants included. They're underwater, so no big right? No surprise, on the news he's buying in the shares jump, and his warrants are already worth over $800 million.
Warning: Why You Shouldn't Follow Buffett Into BofA's StockDOUG KASS: "Bank Of America Got Fleeced By Buffett"
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#2831 mrdannyg

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Posted 25 August 2011 - 05:02 PM

View PostFCP Bob, on Thursday, August 25th, 2011, 8:12 PM, said:

That first article says more nothing than I think I've ever seen in a financial article.I wouldn't even consider investing in BAC at this point. It's up 15% since I looked at it, which is what I would've considered the extent of the upside, short of some good financial news.Next target in the "I would throw a few thousand in if I had more than a few thousand to invest" would be Clearwater Seafoods on the Toronto market. Took a big hit on the last results which were more accounting than operational. Should have another strong year, and they'll look very undervalued after this year end. Also some strong takeover rumours from Cooke Aquaculture.
Long signatures are really annoying.

#2832 strategy

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Posted 25 August 2011 - 05:17 PM

View Postbrvheart, on Wednesday, August 24th, 2011, 4:43 PM, said:

Maybe their public ones, but you can't tell me that the government isn't camping out in their assholes since 2008. There is no way the SEC doesn't have people auditing them constantly.
I suspect the fact that lehman was so blatantly lying with repos (unbeknownst to investors, of course) played a part in their not getting saved. I went long GS at 108 the other day. I was feeling pretty smart this morning before everything puked.
QUOTE (ShakeZuma @ Wednesday, November 2nd, 2011, 4:25 AM) <{POST_SNAPBACK}>
seriously though, with that grammar it's really like, I mean it doesn't bother me as much that she gets beat, you know?


#2833 mrdannyg

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Posted 26 August 2011 - 07:28 AM

View Postmrdannyg, on Thursday, August 25th, 2011, 10:02 PM, said:

Next target in the "I would throw a few thousand in if I had more than a few thousand to invest" would be Clearwater Seafoods on the Toronto market. Took a big hit on the last results which were more accounting than operational. Should have another strong year, and they'll look very undervalued after this year end. Also some strong takeover rumours from Cooke Aquaculture.
Ah, f it. My first ever real trade. Bought into CLR-UN.TO at 2.75. Could've gotten in at 2.65-2.70 easily over the past couple days, but I was hesitant. Also annoyed that it'd cost me $50 in commissions to buy as much as I wanted, so I didn't buy the full amount.I expect to get out around $3.65-$3.75 in the next month. No big.
Long signatures are really annoying.

#2834 strategy

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Posted 31 August 2011 - 09:49 AM

Posted ImageI don't know where I'm supposed to exit.
QUOTE (ShakeZuma @ Wednesday, November 2nd, 2011, 4:25 AM) <{POST_SNAPBACK}>
seriously though, with that grammar it's really like, I mean it doesn't bother me as much that she gets beat, you know?


#2835 dna4ever

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Posted 05 January 2012 - 12:41 PM

is this pretty standard for 401K's right now as of 12/31/2011Should I be switching stuff up or just keep on dumping money in every week like I'm doing?Posted Image

#2836 brvheart

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Posted 05 January 2012 - 01:05 PM

View Postdna4ever, on Thursday, January 5th, 2012, 2:41 PM, said:

is this pretty standard for 401K's right now as of 12/31/2011Should I be switching stuff up or just keep on dumping money in every week like I'm doing?Posted Image
You should definitely keep putting money in your 401k. You're investing long-term, not short term. If you don't like your returns, you should at least a little say in where your money is being invested, and you could switch it to bonds or something, although, I wouldn't. You're around 40, right? You'll want to stick to moderately aggressive stuff, and not worry about short term returns.

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.




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