Seeking Alpha

E Nuff Sed » Comments » Single Comment |

  • Financials Have Bottomed? Readers Say We're Nuts [View article]
    I am with Tom here, the gloom and doom is way over-done. Look at this forum - the bears out number the bull 5 to 1.

    Not every financial is toxic. Even the big offenders like C, UCB, AIG, WB, etc. have taken the kitchen sink write-offs. (If I remember correctly, AIG write down was forced by the auditors) and raised capital.

    People and companies are still going to take out loans and want financial services and insurance. Also most of the CDO's are still producing virtually the same income as before even though their value has been written down 50%+ because of an illiquid market.

    The private equity boys will be making a killing buying them at 25cents on the dollar. This is the time to go long on LUK, BX, KFN & FIG.
    Jul 27 20:20 pm |Rating: 0 0
All Comments by E Nuff Sed »
Comments by Ticker
AA, AAPL, AAUKY.PK, ABB, ABK, ABT, ABX, ACAS, ACV, ADI, ADM, ADP, ADRE, ADVNA, ADVNB, ADVS, AES, AET, AFL, AFN, AGN, AGNC, AGQ, AGU, AHT, AIG, ALGT, AMD, AMGN, AMZN, AN, ANH, APA, APD, APEI, ARDNA, ARO, ARST, ASTE, ATPWF.PK, AU, AUS, AVP, AXP, AZN, AZO, BA, BAC, BAM, BAX,
E Nuff Sed's
Comments Stats
610 comments
Rating: 204 (795 - 591 )