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  • JP Morgan Offer for Wachovia Makes Sense [View article]
    Nobody else believes it either,Tom..I held the 20 call for a day,the stock moved a dollar and the option only moved 10c....
    Jun 24 13:14 pm |Rating: 0 0 |Link to Comment
  • JP Morgan Offer for Wachovia Makes Sense [View article]
    sold my wb calls for a small profit and picked up mer puts.That probably means there will be an offer for wb,since i tend to be a contra-indicator!
    Jun 24 12:57 pm |Rating: 0 0 |Link to Comment
  • JP Morgan Offer for Wachovia Makes Sense [View article]
    Wb hired Goldman to advise them,according to the Charlotte Observer this morning.Todd,you may be spot on again..I bought the june 20s yesterday,they are up a bit today with good volume..
    Jun 24 11:32 am |Rating: 0 0 |Link to Comment
  • JP Morgan Offer for Wachovia Makes Sense [View article]
    I wonder what role the Fed has in encouraging consolidation.It would be easier for them to prop up a few larger institution,and would prevent the panic that comes with a larger bank like WB going bust.
    Jun 24 07:37 am |Rating: 0 0 |Link to Comment
  • Still Too Early For Banks  [View article]
    poster is right all around.Speaking as a greybeard,with 35 yrs in the market, you're better off avoiding obvious dilutions like the financials.

    I wish i could count the times I've had my ass handed to me listening to guys like Cramer,especially if they are saying what I want to hear.

    I don't blame him,thats his job..but you have to understand his motivation for working at a halfass tv station..wonder if he can't make it in the market on his own??

    He spends a lot of time kissing up the ceo's of various companies spouting their horseshit and pumping their stock..once again you can't blame them...Just beware.
    Apr 29 18:45 pm |Rating: 0 0 |Link to Comment
  • 21st Century Central Banking [View article]
    Is this ,like , the financial Peter Principle in reverse? How else would you keep these assholes in line?
    Apr 29 18:25 pm |Rating: 0 0 |Link to Comment
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