FCSX Forum Topics
- All Comments on FCSX
- General Discussion on FCSX
- FC Stone: Still Beating the Estimates [view article]
- Financials Offer Patient Bulls Many Opportunities [view article]
- Jim Cramer's Mad Money Lightning Round Picks, 9/20/07 [view article]
- Financial Stocks That Have Avoided the Credit Crunch [view article]
loading ...Recent FCSX Articles
- Always a Silver Lining: We No Longer Own FC Stone
- FCStone: Margin Requirements Constrain Business
- FC Stone: Still Beating the Estimates
- FCStone Earnings Released: The Smoke is Clearing
- FCStone Group: Time to Buy?
- Wall Street Breakfast: Must-Know News
- FC Stone Caught in the Six Degrees of Financial Exposure
- Financials Offer Patient Bulls Many Opportunities
- Bullish on FC Stone
- Exiting Position in FCStone
- Full List of Articles »
FC Stone: Still Beating the Estimates [view article]
took that channel right out.too bad it was on the downside. Reply
Editors
General Discussion on FCSX
Is this a buy or a sell? Replyzone
Financials Offer Patient Bulls Many Opportunities [view article]
Funny to read this today "Just about the only stock I’m more bullish on than Bank of America is Bear Stearns (BSC). The reason is that the risk/reward appears to be exponentially higher in this stock. If you are not building a large line in Bear Stearns then you should probably find a good fund to park your money in and go play some golf. Seriously!" Seriously? ;o)Reply
Financials Offer Patient Bulls Many Opportunities [view article]
Some classic losers here, starting with Bear Stearns, and including Citigroup and Blackstone, all paving the way to the poor house. ReplyFinancials Offer Patient Bulls Many Opportunities [view article]
Start learning to use apostrophies to indicate possession, e.g., this stock's. ReplyJim Cramer's Mad Money Lightning Round Picks, 9/20/07 [view article]
MARCH 13-NSTK:UPDATE: NO YEAR END EARNINGS REPORT, BUT IN THE MEAN TIME ONE GREAT ANNOUNCEMENT AFTER ANOTHER. JUST GREAT NEWS TO SOFTEN THE BLOW OF THE DELAYED EARNINGS REPORT. AND WITH ALL THIS GREAT NEWS IT WILL TAKE YEARS FOR THIS COMPANY TO RECOVER! YES, ONCE AGAIN 'HYPE' IS THERE LEADING DRUG! MANAGEMENT MUST BE THRILLED TO HAVE SO MANY SAVVY INVESTORS WHO STILL BELIEVE THEM AFTER ACCOMPLISHING 'ZERO' IN 24 YEARS! I THINK THEY HAVE INVENTED THE NASALLY STUPID PILLS FOR INVESTORS AND WE JUST DON'T KNOW IT YET! ReplyFinancials Offer Patient Bulls Many Opportunities [view article]
Earnings will be fine once the major losses are done being written off, which is presumably already priced into the stock at this point, no?With all of the doomsdaying nellies out there, I would say that it is more than factored in.
Prospector -
I am new to the market (investing wise). I could not see a better time to buy into financials. I still see no better time over the next three months. Although I am breaking even on everything right now (which says a lot since I started buying in early November), I see that in the next 8 - 16 months I am going to be very happy I put my money where I thought it should go. I have only fallen once when I chose not to buy ETFC at 2.08. I have had C on a watch for awhile and I will continue to watch. Unfortunately, I still think C has a huge write down coming, or a couple. I am going to wait until the next beating (or two), then buy.
One thing to remember is that we have an election year and the fear mongering in the media is going to be many fold. The economy, in the eyes of the media, is going to be the worst in decades for the time until at least late November, then the party that wins will decide how quickly the market will turn around. If the naysayers win, well, it might be May of 2009 before we see beauty in our current investments. If the yeahsayers win, well, probably beginning right away and a banner Christmas (compared to this last one) will be had, sending confidence through the market. Either way, does it matter? Doubling your money (or even quadrupling it) is no losing game in a few months over a one year investment.
Agreed . . . putting all disposable money into the market when I get it. Oooops, there goes the retail sector.
Cheers Reply
Jim Cramer's Mad Money Lightning Round Picks, 9/20/07 [view article]
FEB.24,2008-NSTK-NASTE... PHARM-I FIND IT DIFFICULT TO BELIEVETHAT TO THE EXTENT OF PUMPING&TOUTING THIS STOCK HAS RECEIVED DURING THE LAST 12 MONTHS BY JIM CRAMER&RESEARCH FIRMS, THAT I A NOVICE SAW THROUGH ALL THE SMOKE AND RIGHTFULLY CALLED THE DEMISE OF THE STOCK PRICE TO THE CURRENT LEVELS OF $2 DOLLARS. AT HIS POINT I FIND IT DOUBLY STRANGE THAT NOT ONE RESEARCH FIRM TO DATE HAS ISSUED A "SELL", AS OF YET!
THEY CAN ISSUE 'OUTPERFORM' RATINGS BUT NOT 'SELL' RATINGS.
AND THEY HAVE NOT YET TO DATE, CHANGED THEIR 'TARGET PRICES'.
WHERE IS THE LOGIC? WHERE IS THE PROTECTION AND HONEST ADVICE
FOR THE INVESTORS? IF IT'S OBVIOUS TO ME THAT THE STOCK PRICE IS HEADING TO A $1.00 BID BY AUGUST 2008, WILL THEY CHANGE THEIR RECOMMENDATIONS ANY TIME SOON?
THE CIRCLE OF LOYALTY AMONG THOSE COVERING THE STOCK OR OTHER STOCKS, PERMEATES SUSPICION OF REASONABLE CAUSE IN MY OPINION.
Reply
Financials Offer Patient Bulls Many Opportunities [view article]
I believe C has more upside potential than any of them. I believe it is undervalued (Future P/E of 10) than any of the others in the XLF index. Plus with a 5.1% dividend yield, that provides some cushion.I also agree with the article on BX, however it would be a 5-year play. I don't see it doing anything but trading sideways until they the credit crisis gets worked out. Reply
Financials Offer Patient Bulls Many Opportunities [view article]
This is a financial meltdown in magnitude just like the early 90s, and late 90s, right on schedule. No reason to believe they wont bounce back quickly just like they did back then. Maybe its not the bottom, maybe it is. I got bac at 42, wb at 33, and citi at 25. Citi's the riskiest probably, if it goes down more I'll just buy more. The economy will bounce back, too many doomsday armageddon predictions. Earnings will be fine once the major losses are done being written off, which is presumably already priced into the stock at this point, no? ReplyFinancials Offer Patient Bulls Many Opportunities [view article]
uber spin at it's finest. ReplyFinancials Offer Patient Bulls Many Opportunities [view article]
Don't forget the E in the P/E. These companies have almost no viable/ profitable businesses right now. I think prices need to go down further to reflect the future prospects of not generating nearly as much revenue and profit. I think almost all their businesses are shut down and will likely not come back anytime soon. ReplyFinancials Offer Patient Bulls Many Opportunities [view article]
I think you Need to focus on the future profits and revenues of the financial companies... which is fairly dead. Where are those going to come from? Who cares if price is down 50%. Earnings likely to be down even more and will be depressed for next several years. I think prices have to go down further to reflect that.They are experiencing major hits to future earnings from vast majority of their businesses (with the exception of maybe brokerage and advisory business, most others are dead). That will hurt. Reply
Financials Offer Patient Bulls Many Opportunities [view article]
Good article and find. I have been waiting to purchase some of these stocks and now that they are all on sale, the time is getting closer. ReplyFinancials Offer Patient Bulls Many Opportunities [view article]
Now really IS the time to be getting into the financials. Most of the financial stocks are 1/2 OFF!! When my wife goes shopping for those 1/2 off sales in the name of "saving money", I fear that I may go broke from all of the money she's about to save me!I tell you, in June of '07 every single financial stock was properly valued.... every single one. Whether it was priced at $400 per share or if it was priced at $20 per share, the stock was priced correctly.
Sure, Aweful August rolled around and cut the financial stocks at the knees and those holding bank stocks got hurt.
If you're new to the game, you almost have to take advantage of the opportunity to snatch up some financials now. At the very least, scale into them buy as the price comes down. What this affords you is the opportunity to play in this down time. If you keep waiting for the bottom to arrive, you'll miss the opportunity to double your money.
In 1990, the financials lost half their value. In 1991, 14 months later, they had made a full recovery. In 2007 financials lost half their value. In late 2008, you can expect the same thing.
Now is the time to go shopping for financial stocks. If I bought a stock at 1/2 off yesterday and today it's on sale for 75% off, I'm not mad that I over paid yesterday, I'm thankful that I get to save more money t oday! Reply