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  • The Advantages Of Finding Dividend Growth Early [View article]
    The company has stated that it intends to eventually pay about 30% of earnings in dividends and 30% in stock buy backs. EPS is unlikely to be over $1.40 for FY15 & the Fed will not allow a total 60% payout in the next few years. Interest rates will rise much more slowly than anyone has been thinking through 2016. Sill plenty of time to invest elsewhere & look at BAC in another year.
    Mar 22, 2015. 10:09 AM | 15 Likes Like |Link to Comment
  • BofA to allow large investors to make board nominations [View news story]
    fun fun - sure. Enemies Closer.
    Mar 20, 2015. 12:59 PM | Likes Like |Link to Comment
  • Lumber Liquidators A Value Play? [View article]
    Anyone going long here is taking a terrible chance. However, LL is a piece of meat for the day trading wolves. They'll wait for the next dropping shoe & a typical over reaction as the stock falls to $23-$25, then does a quick bounce to $26-$28. This is not advice, but speculation on a possible path for those not too greedy and with quick fingers. This stock is not supported by a dividend and the company is not loaded with cash. Keep in mind the shorts want to push it to zero. PS: I thought the comments & attitude of the CEO on CNBC were pathetic. No apology. No signal it would stop buying Chinese flooring at least until the issue is settled. The wailing you hear is not a cry for help, but a warning to stay away.
    Mar 18, 2015. 07:57 AM | Likes Like |Link to Comment
  • Bank Of America Worth $21 Following CCAR [View article]
    Josh: I'll sell you all my shares for $20.50 right now. BAC's capital plan has already been submitted. There is no new plan coming. Only change is there are problems with BAC's preparation and assumptions that have to be addressed. That's to keep the current plan - not to allow submittal of a new plan.
    Mar 17, 2015. 01:23 PM | 6 Likes Like |Link to Comment
  • Bank Of America - An Ironic Opportunity For Superior Appreciation [View article]
    50% increase in value? I've been hearing that for 3 years. Not likely. Hoping for $19 before end of year. Will need lots of positive news to get there. That includes not waiting until September to resolve Fed issues. They should do that within 60 days.
    Mar 16, 2015. 07:29 PM | 4 Likes Like |Link to Comment
  • Bank of America holds dividend and buyback steady as Fed gets its scalp [View news story]
    I've been waiting since 2008, through the price drop to $3.98 in the vain hope that BAC would get its act together. 6 years have passed since that 2009 low & it has failed to recover. They need to shrink by 30%, cut costs to the bone, & dramatically reduce risk. If I can't see an immediate change in direction, I'm going to take my lose & get out. I'll be lying in a nursing home sucking Pablum through a straw by the time they recover. I know... I'm too optimistic.
    Mar 11, 2015. 06:02 PM | 10 Likes Like |Link to Comment
  • BofA must resubmit capital plan; Deutsche and Santander rejected [View news story]
    Only a $4 billion buyback and no increase in dividend. Horrible. The stock is going nowhere for another year.
    Mar 11, 2015. 04:52 PM | 7 Likes Like |Link to Comment
  • Lumber Liquidators' Campaign Of Distraction And Deception [View article]
    I stopped reading after just a few paragraphs. I don't care about your tests or the company's tests. I want to see unbiased, independent testing done by a reputable testing agency. I'd like them to pull samples from several stores @ random. Let's see the results. Someone is going to get sued. It might be LL, but it might not. Either way, it will be for big bucks. Mr. Tilson and 60 minutes reputation & money are at risk, just as is LL.
    Mar 10, 2015. 08:54 PM | 6 Likes Like |Link to Comment
  • Lumber Liquidators -15% as mood darkens [View news story]
    They better not wait until Thursday. The damage is already horrendous & will only get worse if they can't speak on their own behalf. They need to produce accurate independent test results that refute 60 minutes or else... goodbye.
    Mar 9, 2015. 03:46 PM | 3 Likes Like |Link to Comment
  • The Intel Atom X3 Can Hurt Qualcomm And MediaTek [View article]
    •Intel beat its 40 million tablet AP target last year - I notice you didn't use the word "sold". Anyone can meet target if you give stuff away. Just look at the government (don't look at the deficit).
    Mar 5, 2015. 07:30 AM | 5 Likes Like |Link to Comment
  • Bank Of America - How A Greek Fix Fast Tracks The Stock To $18 [View article]
    Most banks have extricated themselves from Greek debt over the past 2 years. Those that failed to do so will pay the consequences. Greece needs to go it's own way. No reforms & bigger government? Yeah, that works... or not. If BAC stock falls, it will fall with the market due to uncertainty. Recovery will come soon enough. It will be a short term traders market.
    Feb 17, 2015. 08:38 AM | Likes Like |Link to Comment
  • Bank Of America - How A Greek Fix Fast Tracks The Stock To $18 [View article]
    Once Europe starts QE, the Euro may fall even more. No help to BAC. They'll just have to figure out how to make money the old fashion way.... earn it.
    Feb 13, 2015. 06:50 PM | 1 Like Like |Link to Comment
  • How To Benefit From Rising Interest Rates [View article]
    Higher Fed rates no sure thing this year. Even if they come, there will most likely only be one and it could be just 1/8th of a point in the fall. Pundits have been extolling higher rates for the last 2 years & so far, no dice. Expect BAC to pass stress test and be awarded buybacks. That's more likely than a rate hike.
    Feb 12, 2015. 07:22 PM | 9 Likes Like |Link to Comment
  • BP's Business Economic Loss Claim Payouts Are Picking Up Pace [View article]
    There is no way to speculate on what an independent adjuster is going to allow. Guessing is a fools game & will inevitably lead to investor lawsuits for failing to guess correctly. The wound will close in June and a few months later the bleeding will stop & we'll know the final tally. BP is working to control costs and should be able to handle the claims. A bumpy road for oil prices but a slow rise in the 2nd half of the year. BP will benefit when prices get back to $60+ / barrel.
    Feb 2, 2015. 08:07 AM | 6 Likes Like |Link to Comment
  • MKM Partners: January tumble leaves bulge-bracket names cheap again [View news story]
    Higher rates will not widen the curve. Everyone thought that ending QE would do that but look how that turned out. Might have to give BAC another year.
    Jan 29, 2015. 12:18 PM | 2 Likes Like |Link to Comment