Christopher Grosvenor... you are clueless my friend. Remember the ols adage... listen and learn. Be quiet when you don't know what you are talking about because you will then reveal how little you know.
With all due respect Ivan Kitov... LOL is all I have to say about your ridiculous article! I am laughing to the bank with my long position... currently up $50.6k
Rocco just likes the attention and you guys are giving it to him. The best thing to do with people like him is to ignore them. He obviously does not know what he is talking about but you can also see him as comic relief. Even a broken clock is right twice a day. Anyone acting on his predictions should have their head examined... just hit the delete button if/when Rocco appears. LOL! :)
Why Bank Of America Will Trade At $10 [View article]
Bill D... It is time for you to be more productive by chasing your grandchildren around. You don't have much to say that is worth anything and your negative commentary is getting old. Be careful who you call idiots... You need to look no further than your closest mirror.
Jim Cramer Offers Up 3 Buys And 3 Sells For 2012 [View article]
Cramer is dangerous because he can move stocks one way or the other but he is more showman than stock picker like he once was. Just take a look at his sell recommendation of BofA on or about Jan. 2, 2012. It is above the $7 price he said it would not reach based on Europe imploding?? Last I checked BofA is an American bank. Yes, I am sure there is some European exposure but not to the extend it will have such an impact to drop the share price to $3 like he suggests. If BofA goes to $3 we have much bigger problems in this country than anyone expected.
Why Bank Of America Will Trade At $10 [View article]
I agree with you about the prospects of BofA going forward but you are a flip flopper much like Romney. You loved the stock about 3-4 months ago and then turned 180 degrees negative. Now all of a sudden you have it all figured out and now back 180 degrees back in favor again... amazing. I questioned how you could be positive one day and negative the next without any new developments is further supported... you trade on emotion. There was no reason be be so negative back then. Hopefully you will stay in the stock long enough to make some money. LOL!
Bank Of America: An Attractive Play For A Diversified Long-Term Investor [View article]
A well written and presented article that further supports me and others who hold the stock to stay long-term. At this price I am buying more and will continue to as it appears to me that the further they distance themselves from 2008 the better they will be.
The Boston Globe sits down to interview BofA's (BAC) Brian Moynihan, then blasts him by saying he hasn't met the bank's goals and his two-year tenure as CEO has been marked by slow progress. On Friday, Moynihan issued a letter to employees saying the lender has prepared for "whatever turbulent times may lie ahead." [View news story]
Like 7footMoose said... I agree that USisCorrupt is a angry man. Be thankful for what you have and what is most important in life or do something to bring about change. I understand your frustration but ranting and saying that everyone is clueless without knowing who it is you are talking about does you or anybody any good. Perhaps you should talk to someone. Yes, our country has problems... always has and always will. Without question there is corruption happening all around us and perhaps worse than ever but again it goes back to the beginning of time. I don't agree with it and we should hold those who are corrupt accountable but to suggest that we can make it all go away is naive. We just need to educate ourselves so we can avoid it and not become part of the problem. One by one if we do the right things in our lives we can be part of the solution. At least we can sleep at night knowing that we are doing the right things and having that peace of mind is priceless.
Don't Hold Your Breath For BofA Shares To Spike [View article]
Brian L. Wilson... What is the basis to support your claim the stock will not break $7-8. That is a big range on a stock currently trading around $5.50. It would be interesting to know where you come up with your theories. B of A should be a $15-20 stock if not for all the emotional selling. Once these emotions calm the stock will move towards this range. It will take some time before the herd realizes this. It will be the contrarians (leaders) who will benefit most because they will be in ahead of the crowd. Few can time the market just right but it appears to me from a technical vantage point that now or once stock breaks the $5.85 mark will be the time to buy your ticket.
Don't Hold Your Breath For BofA Shares To Spike [View article]
B of A will recover and it is only a matter of time when the share price moves towards its true value. It will be interesting to see if the naysayer's want to participate by having their ticket in hand, or will they still be standing in line waiting to buy their ticket as the train leaves from the station? I have mine and recommend you get yours while you can also participate because it is the contrarians who make out the best in the long run.
Don't Hold Your Breath For BofA Shares To Spike [View article]
Brain L. Wilson... You are getting beat up pretty well as you should after this ridiculous commentary on B of A. Come clean... You must be short otherwise why would you be misinforming us as you are and at best repeating old news? You are also bringing strong opinions... Why? What is your motive? It just so happens that today the opposite of your prediction is happening as B of A and the banks are rallying. Not so sure it will stick but maybe the naysayer's are realizing that at this price level it presents tremendous upside potential and to wait they could left on the sidelines watching. The truth is nobody knows for sure how this whole thing will play out so best to keep your uninformed opinions to yourself unless you have something that is truthfully insightful. It amazes me that all of the naysayer's can't come clean that they either are 1) short the stock, 2) have an axe to grind with B of A or 3) are just a pessimist by nature. Maybe you should find better use of your time.
Will Bank Of America Bounce Back In 2012? [View article]
Spencer, I applaud you for taking your time to write your article if just for the benefit of mankind but I am no so sure. You are entitled to your opinion and there are some points you make that I can't disagree with. However there are several contradictions and leaps of faith. But in the end your article is dangerous because you draw such strong opinions and make incredulous predictions that are just that and without substance. The parallels you make with Lehman and Bank of America is irresponsible. Again, like many who have come before you I question your motive unless you have a short position or an axe to grind with B of A why would you be so energized to take such a strong stance against B of A and predict their collapse? I find it amusing. I just ask that you be honest with your motives. I find it hard to believe that you don't have a motive against the turnaround of B of A. The truth is nobody knows for certain what will happen in the future along with B of A's future but the further they move away from 2008 the more attractive the stock should be especially when the economy improves and the EU leaders resolve their debt issues which they need to do... it is just a matter of how and when. Nobody knows for certain when the downward trend will end and there is a reversal but when it turns I want to be holding the stock ahead of the crowd going in.
Bank Of America: Time To Shed The Image Of A Villain [View article]
Cameron... Here we go again. Bashing and more bashing. Do you get paid to bash B of A? Do you do it for the shock value or to get attention? It is amazing that you were touting how much of a play B of A was and all the merits for owning the stock and now all of a sudden you bash it with every opportunity. How and why can you go from one extreme to the other overnight? Why? Are you now shorting it? Why do you have such interest, energy and time to do so if you are not benefiting in some way? Hmm? I wonder. I think the role of villain should be shed because B of A is trying to turn things around and making the tough choices. Mistakes were made but that is long in the past and a time moves on so will they continue to distance themselves from the previous regime's mistakes. 2008 is quite some time ago. In truth... We need the banks and the banks need us and they will be part of the solution going forward. Our economy will not turn around without them and as the economy continues to improve so will B of A. Time to go forward.
4 Overvalued Bank Stocks [View article]
Earnings Preview: Bank Of America [View article]
Bank Of America May Fall Below $5 [View article]
5 Stocks Under $10 To Sell Now [View article]
Why Bank Of America Will Trade At $10 [View article]
Jim Cramer Offers Up 3 Buys And 3 Sells For 2012 [View article]
Why Bank Of America Will Trade At $10 [View article]
Earnings Preview: Bank Of America [View article]
Bank Of America: An Attractive Play For A Diversified Long-Term Investor [View article]
The Boston Globe sits down to interview BofA's (BAC) Brian Moynihan, then blasts him by saying he hasn't met the bank's goals and his two-year tenure as CEO has been marked by slow progress. On Friday, Moynihan issued a letter to employees saying the lender has prepared for "whatever turbulent times may lie ahead." [View news story]
Don't Hold Your Breath For BofA Shares To Spike [View article]
Don't Hold Your Breath For BofA Shares To Spike [View article]
Don't Hold Your Breath For BofA Shares To Spike [View article]
Will Bank Of America Bounce Back In 2012? [View article]
I applaud you for taking your time to write your article if just for the benefit of mankind but I am no so sure. You are entitled to your opinion and there are some points you make that I can't disagree with. However there are several contradictions and leaps of faith. But in the end your article is dangerous because you draw such strong opinions and make incredulous predictions that are just that and without substance. The parallels you make with Lehman and Bank of America is irresponsible. Again, like many who have come before you I question your motive unless you have a short position or an axe to grind with B of A why would you be so energized to take such a strong stance against B of A and predict their collapse? I find it amusing. I just ask that you be honest with your motives. I find it hard to believe that you don't have a motive against the turnaround of B of A. The truth is nobody knows for certain what will happen in the future along with B of A's future but the further they move away from 2008 the more attractive the stock should be especially when the economy improves and the EU leaders resolve their debt issues which they need to do... it is just a matter of how and when. Nobody knows for certain when the downward trend will end and there is a reversal but when it turns I want to be holding the stock ahead of the crowd going in.
Bank Of America: Time To Shed The Image Of A Villain [View article]