BB&T Corp. (BBT)

All Comments on BBT

  • commenter
    Oct 16 03:04 PM
    Two Banks That Don't Need Handouts: PNC, BBT [view article]
    I know BBT having been a shareholder for the last 15 years. In the hey day of mortgage mania their loan policy was and is "20% down or mortgage insurance". BBT's expansion is in the leasing and insurance business. Like the old Smith Barney Ads, "we make money the old fashioned way, WE EARN IT" applies to BBT. Nuff, said, except this fine bank will probably be ruined in takeover to save C. Something has to be done with C before GM comes crashing down. Both are ticking time bombs. Reply
  • commenter
    Oct 16 02:06 PM
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    Be nice now. I personally agree with Gabe. Just my opinion though. Reply
  • commenter
    Oct 16 08:37 AM
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    How problems do you solve if you put the price of gasoline under $2 again? It is under $3 now and I think if it stays there, we'll see the consumer rebound. Reply
  • commenter
    Oct 16 07:50 AM
    My Website
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    For the record ,JP Morgan does not even have a fraction of the 90 trillion dollars exposure in the derivative market.
    This distortion of facts ,continues to drive market fears.
    The "stability aid" is the most effective plan that addresses issues to the point.
    This program will show mega effects after it is fully implemented.
    Another 50 bps cut would be helpfull.
    Commodity price implosion should increase real disposable income.
    Some incremental time is needed.
    By the time Christmas arrives we should have a major stability on the way to a major rebound.
    As I have stated earlier ,the only thing we should fear ,is fear itself-
    and perhaps CNBC .
    How can you expect impact from the program which is not implemented yet.
    I will say this again,recession can be deflected but the market had priced the recession as a done deal.
    Reply
  • commenter
    Oct 16 04:42 AM
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    Gabe B. you need professional help. What happens after "one more aggressive easing"? We're at 1.5 assclown. "All issues have been identified..." How about JPMorgan's $90,000,000,000,000 (trillion) derivative exposure. Really it's time you woke up. Reply
  • commenter
    Oct 16 03:06 AM
    My Website
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    Given the magnitude of the market decline,the earnings are irrelevant to the market direction.
    The market had discounted not only a severe recession(a doubtfull outcome within the context of the measures undertaken to address the debacle),but an economic Armageddon.
    What really matters is the market psychology continuosly driven by distortions.
    The 700 billion dollar "stability plan" is a 5 trillion dollar catalyst(40% 0f the GDP)which will create and contribute to a major economic/market rebound.
    But first ,it must be implemented. As of this moment we have an effective plan which has not been acted upon.
    Then what is the market responding to?
    Media disseminated fears enhanced by the opinions of the record shorts.
    Please note the record open short interest.
    Is should be clear that the financial system will not be allowed to fail.
    Once the process of direct liquidity injection begins ,the economic response will be quick and visible.
    For all of the irrational fears ,the dollar maintains its recent strength and is likely to make further major advancements reflecting the global perceptions that the real relative risks lie outside the U.S.
    This flight to quality (dollar)will result in explosive demand for the dollar denominated assets (equities and the real estate).
    I have warned about the current risks as late as September 18 ,2007 during the Brian Sullivan interview (Bloomberg TV)during the FED time.
    My fears were deflected by the market.Now ,everyone claims to have predicted the current debacle.
    More importantly the" experts" continue to distort the risks .The point is that in the U.S all of the issues have been identified and are being aggressive addressed,however we must allow at least six weeks for the program to be fully implemented to elicit the response that investors want to see.
    One more time,clearly the market had discounted the most pessimistic earnings estimates.At this point in time the only thing we should fear ,is the fear itself.
    We need to ignore the critics who perceived inflation as being a the threat(until recently),and now are calling for recession.
    One more aggressive easing in conjuction with the current measures could make a Christmas an enjoyable holiday that it should be.
    By the second half of 2009 ,the GDP growth should attain 5%.
    Reply
  • commenter
    Oct 15 06:47 PM
    My Website
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    Just remember - Stay Protected in the markets at all times. ALWAYS have your Exit Strategy in place from the start. Use one that is smart! Reply
  • commenter
    Oct 15 06:35 PM
    Earnings on Tap for Thursday, Fingers Crossed [view article]
    Hi Mark, I always read your posts and appreciate the views and news. I don't know if you noticed that you wrote SunTECH Power instead of SunPOWER. Thanks
    Reply
  • commenter
    Oct 15 05:12 PM
    Earnings Preview: BB&T Corp. [view article]
    Fatcat, you got it wrong, BBT is in the old fashioned banking and insurance business. Has no exposure in sub-prime market. Mortgage terms are 20% down or mortgage insurance. I expect them to report at least 60 cents in this difficult lending enviroment. Reply
  • commenter
    Oct 15 04:18 PM
    Earnings Preview: BB&T Corp. [view article]
    Anyone who quotes Bove is a fool...He has been consistently wrong on banks and has probably cost his customers and clients billions... Reply
  • commenter
    Oct 15 04:00 PM
    BB&T Corp: Stock Dividend Analysis [view article]
    I bought this a while ago, then bought more when the sector drop made the share price cheaper. The share price is now over my initial investment & the dividend went up. A double winner . Reply
  • commenter
    Oct 15 12:14 PM
    BB&T Corp: Stock Dividend Analysis [view article]
    As a shareholder in BBT and concerned a year and a half ago about skyrocketing home prices around here, I stopped by a local branch to find out what their mortgage lending policy was. The policy was short and sweet "20% down or mortgage insurance". Their 10Q is free of sub prime loans, but shows Fed Agency loans underwater. These are being held for investment so are not being written down. In the ensuing panic the stock was beaten down from 43 to about 18 and now trades solidly near $30. I expect BBT will be asked to pick up some of the local bank road kill in future quarters. I'm sure JPM, GS etc have BBT on their acquisition list, but they will have to pay up to get this good bank. Reply
  • commenter
    Oct 13 02:04 AM
    Irate Icahn - Fast Money Recap (9/19/08) [view article]
    Crocodilian:

    You need to read more critically. The article you linked is Yahoo propaganda.
    Reply
  • commenter
    Oct 08 01:44 PM
    Throw Everything At It - Cramer's Mad Money (10/1/08) [view article]
    Just a comment on the sacred cow known as "the free market". There is no such thing, and never has been, here or anywhere. The capital markets must be "policed", just like the free society is "policed" to protect you from being mugged, robbed, burgled or murdered. As most of us have now learned the hard way, even a "free market" must be policed, and obviously heavily, because of fraud, cheating and breaches of fiduciary duty. The price of a security is predicated on the 'fiction' of an efficient market, i.e., one in which all relevant information is disclosed and available. Obviously, every possible abuse, from every angle, resulted in the credit default swap debacle. The system was set up to withhold information from the public, and permit originators to "take the money and run", which they did. The absence of regulation (really "policing") ennabled huge leverage on near worthless paper which nobody had the incentive to value -- until it was too late. I'm no economist, but the "free market" is always a ready victim for greed and corruption. That's what happened here. From the original homebuyer who bought a home on terms "too good to be true", to the mortgage originator, to the purchase of the mortgage-bundled securities, to the investment bankers, to the lobbyisits, to the Congress (republican and democrat alike), to the President, to the SEC, to the other so-called watch-dog agencies --- every one of them had an essential role in the credit crisis of today. The answer: Immediate and heavy government involvement in the fix -- whatever it takes. That includes re-casting mortgages based on current home values with fixed rate mortgages to create a floor on home prices -- the root of the whole pitiful business. Socialism? Just a label. We've had alleged 'socialism' for decades. Without it, you'd have elderly dying on the streets like in old Calcutta. Ask any Republican if he/she is unhappy with their Medicare, and instead would prefer to be saddled with a $ 400,000 hospital bill when they are 86 years old. Not a one would give it up. Getting health care is not the same as buying a car. Health care is not a commodity. Reply
  • commenter
    Oct 07 12:28 AM
    My Website
    Now's the Time to Buy Bank Stocks [view article]
    If you are going to suggest that this is the bottom and people should go long, then please remind them too that they must have an intelligent exit strategy in place for themselves right from the start. Otherwise, they are just setting themselves up for more possible pain. Reply