kotika98

Removing American Express from the Trio of Death

the program trades determine the moves "every hour" but for longer timeframes you can be sure as hell fundamentals matter. And here it is clear that AXP management is at least not asleep at the wheel - might help save the franchise.

The Good, The Bad, And the Ugly in Bank Loans

> Most banks classify homebuilder finance and condo development loans as commercial real estate.

Nice point! Does this means the CMBS paper contains those too?

Why American Express Should Be Ignored

I think when the dust settles, we are going to see just how well CC debt holds up during the crisis. People walk off away from their mortgages because thats what they intended to do all along, but nobody can afford to give up their credit card expecially people with financial problems. Having no access to a credit card is worse than having no car in modern day america. In 2008-09, watch people going through extreme hardship and still managing to pay off the credit card...

Just ignore the self-serving short's comments.

Tempting Buffett

the rumor that he was buying AXP or about to make a bid for the whole thing were circulating when it was at 50 bucks. Where are the rumor mongers now at 39?

Will the Market Keep Falling? I Hope So

When a solid stock goes down 50-60% you must assume that the sellers know something you do not. Just to inject a bit of common sense into this unrealistic discussion...