Don Dion

Long/short equity, special situations, momentum, event-driven
Don Dion
Long/short equity, special situations, momentum, event-driven
Contributor since: 2007
Company: DRD Investments, LLC
Bert,
Oil loans also have to be an issue at our Bank of America.
Don
six,
Not really obvious.
Don
stron,
The dark side provided great results for readers that considered our ideas on this poor performer.
Don
irwin,
Thank you for sharing your thoughts and opinion with us. You may turn out to ne right.
Don
beny,
The elevator ride down has been very nice.
Don
Zeke,
The CEO has had headwinds but so have all the other CEOs whose stock price has gone up since he took over.
Don
Bertran,
A reasonable dividend would help.
Don
pouellet,
Very thoughtful comment.
We like Warren's Net Jet's poker tournament but we are skeptical on his political aspirations.
Don
Hogan,
We are now in the 12s. Hopefully you and the Wall Street Experts listened when we were cautious in the 18s. Be careful with this puppy.
Don
Bill,
We were comfortable to consider a small position at $13 but we agree with you that now we are at the 12 dollar handle that 11 is possible and we may add a decent position at that level even though we believe this may be a brain dead bank.
Don
Meng,
We have been hoping for several years that the management team and board of directors would be strengthened and upgraded. The boys that brought us Countrywide and the $80,000,000,000.00 in fines and penalties need to take their golden parachutes and head to Palm Beach.
Don
xs,
Hopefully the next President will get us out of the ditch!
Don
Rifle,
The Wall Street Analysts have not been very accurate about bank stocks over the past ten years. Beware what they recommend.
Don
Iget,
May take time.
Don
Supply,
It was a tough decision and we are still cautious.
Don
Chris,
Thank you for being honest.
Don
sam,
Agree with your insightful comments.
Don
Bill,
Thank you for pointing out the truth and adding balance to the BAC discussion.
Don
funfun,
We agree. No one knows what the book value of this brain dead puppy is.
Don
eder,
Better at a 13 handle than an 18 handle.
Don
Color,
We do not have any meaningful position in oil.
Don
Mic,
Yes, this is the bank that has been an ATM machine for the Obama and it is also the management team that contributed to the purchase of Countrywide but at this point it is what we consider "brain dead". Everything has been done wrong and we believe it now trades near rock bottom.
Don
knownothing,
Thank you for your thoughtful contribution.
Don
jhearn,
Thank you for your thoughtful comment.
As you know, we have been cautious on BAC for 2014, 2015 and 2016 and that opinion has saved us and our followers a lot of money!
Don
18 to 13. Hope you considered our articles.
60,
The elevator has moved from the 18th floor to the 13th floor. One of our great calls!
Don
ICA,
A brain dead bank at a very very low price may become attractive to deep value players.
Don
Ihad,
BAC is down 22% during just the first few weeks of 2016 while the S&P is only down 8%.
Please review our articles on BAC carefully rather than just continuing to criticize our work.
Don
Iget,
We feel your pain about your large BAC position.
Don
Iget,
See comment above.
Don
noone,
Call it luck if you want but we have been right on our call to be careful with BAC. We were right in 2014. We were right in 2015. We are right so far in 2016.
Since October, BAC has moved down the elevator from the 16th floor to the 13th floor.
Don
Not reflected in stock price.