Joe Rodney

Next Week Is a Big One for Bank Reports

What this service shows me is that a stock like BB&T is going nowhere over the next year. The projected PE for next year is about the same as it's PE for last year (6.76 vs.6.59), and less than the current year projection. The dividend may not be all that safe. Remember the Q1 report from WB where they virtually promised that the dividend was safe? Then turned right around and cut it to shreds.

Bear's Gone - Is Lehman Next?

Is this the same Henry Blodget who used to be at Merrill Lynch? I think he was charged with civil fraud by the SEC. I seem to recall that there were emails that said one thing, while publicly he was saying another. The inevitable question arose: "Which time were you telling the truth?"