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Reggie Middleton  

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  • Do Bank of America's Blowout Earnings Actually Blow? [View article]
    "The headline number is all that matters, since permabulls don't bother to read the details."

    Unfortunately, reality doesn't read the headline numbers either. Insolvency is still insolvency.
    Apr 21, 2010. 06:42 PM | 3 Likes Like |Link to Comment
  • Bank of America's Acquisitions: What Was Ken Lewis Thinking? [View article]
    Thanks, all who are positive, at least. I understand the try to get too big to fail thesis, but I think what many are missing is that the government - particularly with democratic control on the horizon, but even now - will wipe out the equity holders before they rescue. If they rescue. Ask FNM, freddie man, BSC, LEH, AIG common and preferred share holders.

    Again, I query: What was Ken Lewis thinking. The over the weekend due diligence of Merrill is a farce. I have seen the docs, takes a weekend just to wrap your head around 1 CDS agreement's legalities, then to assess the credit, market and economic risks... Which nobody really knows anyway - so he might as well just pulled the trigger over the weekend...
    Oct 8, 2008. 10:33 AM | Likes Like |Link to Comment
  • Bank of America's Acquisitions: What Was Ken Lewis Thinking? [View article]
    Thank you JEC. Seeking Alpha seems to have the occasional pundit who indiscriminately bashes without knowing who it is they are bashing.

    To Investor1:
    This so-called "Journalist" has been most accurate in his writings throughout this whole crisis. Why don't you go through the older posts I made on Seeking Alpha and take a look-see.

    Better yet, come to my site where the real meat is. I can guarantee you that just my written opinion should be enough to gain an objective man's respect. The free research that I published on my blog has outperformed ALL of the hedge fund category indices published by Barclay's (encompassing over 2600 funds), the S&P 500, and the MSCI world index, by at least 300% - both in the past year and year to date. The research model would have done so with much less risk as well. See Take note that these are just research models and not my proprietary results, which are private, but I am happy :-)

    I took the liberty of comparing the results to many of the name brand "non-journalists" who I am sure you would not have hurled such an insult at. Don't fret, I forgive you. I normally never comment on SA due to the amount of negativity abound, but I am in a good mood and JEC took my back. Thanks bud!

    So, don't bash all journalists because they right with flair and wit. One or two of them just might have an inkling of what they are talking about.
    Oct 7, 2008. 07:16 PM | Likes Like |Link to Comment
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