Andy Singh

Buying Up BofA: Booyah!

Great article. I like BAC, but to avoid single company risk, prefer the UYG trade for short term gains. (I recently wrote about this trade here at SA). In regards to the bailouts, I am not too happy about them, but do feel that they were necessary to keep the integrity of the financial system intact. Just look at the ripple effects of Lehmann Bro's going under.

Banking on a Rally for Quick Profits

User 290548 - I bought the stock yesterday @ 2.90 (this article was published a day later here at SA). So I am up for now.

outtamojo - $2000, may not be big money for you, but it is a lot for some. Like I said, this is a risky/spec opportunity so did not want too put too much capital at risk. If I get a double on the stock, I will be happy to walk away with $2K. I have done this trade about 3 times before and overall am up 8K on it. Not bad with 2K at risk....

Credit Cards: The Next Subprime?

I hope visa makes it through. I bought some $95 sep call options which are down a fair bit already. I wrote about it here, www.savingtoinvest.com.... I think I bought into the hype for VISA. Should have gone with MA.