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MichaelZZ

MichaelZZ
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  • Bank Of America: There Will Be A Time To Own Shares, But Not Now [View article]
    Ignorance is not bliss, if you are risking your wealth.

    Where would BAC be, now, had it not acquired CountryWide for that "good deal" ($3 billion)?

    Will BAC survive extracting itself from that massive fiasco?

    Is so....................... then the appropriate action is to ???.

    Within 3 years (more likely, sometime during 2016) BAC should be above $25.00.

    mz
    May 12, 2014. 04:25 PM | Likes Like |Link to Comment
  • Bank Of America: There Will Be A Time To Own Shares, But Not Now [View article]

    Arthur,

    REGARDING: MichaelIZZ- sounds like the perfect strategy. Is it a 1 for 1 strategy? Making it 2 puts for each call?

    You are pretty close..., just small starting:
    14 Calls
    27 15 Puts
    10 12 Puts

    mz
    May 12, 2014. 11:58 AM | Likes Like |Link to Comment
  • Bank Of America: There Will Be A Time To Own Shares, But Not Now [View article]
    Regarded Solutions is offering nonsense.

    Mscambridge1 said it well, "wouldn't it be a little too late to buy this stock at a reasonable share price when, as you state, the legacy issues are over, when it starts paying a decent dividend yield, and the negative noise dies down?"

    mz

    I am short Jan 2016 options:

    $17 Calls
    $15 Puts
    $12 Puts
    May 12, 2014. 08:12 AM | 2 Likes Like |Link to Comment
  • New challenge for Tesla Motors in Missouri [View news story]
    TESLA should start a "dealership" subsidiary.

    mz
    May 9, 2014. 11:24 AM | Likes Like |Link to Comment
  • Tesla Needs To Capture 14% U.S. Market Share To Justify Valuation [View article]
    This author (Fu) appears to be authoring a late April Fool's joke or has a massive axe to grind.

    His measurements are pathetic.

    He doesn't recognize margin per vehicle.

    If Tesla sold 100,000, it would more than justify its price.
    @ 2 million.........much more than $1,000 per share.

    mz
    Apr 3, 2014. 11:42 AM | Likes Like |Link to Comment
  • Yellen Opens Six-Month Gate [View article]
    The tapering will slow down within 2 months (10b to 5b) and will be put on hold within 4 to 5 months.

    mz
    Mar 29, 2014. 04:47 PM | Likes Like |Link to Comment
  • Janet Yellen Didn't Gaffe [View article]
    Referring to my previous post..., the "tapering" is the result of the trillion dollar annual deficits being reduced, i.e., the "hole" is getting smaller, thus the need is being reduced.

    Although that hole is smaller, I anticipate, as I wrote, previously, the Fed will reduce the pace of the tapering, and within two or three months will eliminate it, i.e., stop around $40 billion per month.

    mz
    Mar 25, 2014. 09:00 PM | 1 Like Like |Link to Comment
  • Janet Yellen Didn't Gaffe [View article]
    Actually...., the Fed has been helping the banks and Wall Street aka 'da banks'.

    The Fed entered into QE correctly, but for the wrong reasons.
    The recession and Congress led to annual federal deficits of > trillion dollars.
    That hole had to be, substantially, mitigated.
    Enter the Fed.

    All roads lead to Congress.

    Whereas Mr. Ben noted that Congress had its responsibility to help matters, at one hearing, Mr. Shumer (NY-D) suggested that he (Bernanke) should not look for Congress to take action.

    Bottom-line...., due to Congress's malfeasance, Mr. Bernanke did what he had to do EXCEPT that the Fed Funds and Discount Rates should not have been 0, and the main purpose for that was to shift funds from customers to the banks.

    Thus, the "hole" had to be minimized, but that short-term rates should not have been crushed.

    mz
    Mar 25, 2014. 07:47 PM | Likes Like |Link to Comment
  • Janet Yellen Didn't Gaffe [View article]
    There will be a serious change of the taper philosophy within the next two months, i.e., it will be suspended for a period or the taper will taper, e.g., from $10 billion to $5 billion per change, and then after 2 or 3 @ $5 billion, then to be suspended.

    mz
    Mar 23, 2014. 01:09 PM | Likes Like |Link to Comment
  • Democrats push forward with call for higher minimum wage [View news story]
    That is one of the points, but, believe it or not..., it is one of these least significant.

    mz
    Mar 13, 2014. 01:47 PM | Likes Like |Link to Comment
  • Democrats push forward with call for higher minimum wage [View news story]
    Actually..., raising or even having a "minimum wage" is extremely damaging by unintended consequences.

    Think about Einstein's definition of insanity.

    mz
    Mar 13, 2014. 01:46 PM | Likes Like |Link to Comment
  • ModernGraham Annual Valuation Of Best Buy Company [View article]
    Are you a comic or an absolute fool?

    Pick ur poison!!!

    mz
    Mar 11, 2014. 06:23 PM | Likes Like |Link to Comment
  • Democrats push forward with call for higher minimum wage [View news story]
    LMinAppleton:

    Sorry, but you are 100% wrong.

    Whereas the SS program is not fiscally sound, it can be fixed quite easily with a more rational (substantially higher) SS payout. Shocking comment, but true.

    A retirement is one of the cornerstones of any rational society.

    We are USA, Inc. and all other companies are subsidiaries thereof.

    mz
    Mar 10, 2014. 07:01 PM | Likes Like |Link to Comment
  • Democrats push forward with call for higher minimum wage [View news story]
    Bill,

    I understand your "confusion", since we have been inundated by lies and misleading information, since 1935.

    Gore's (I supported him) "lockbox" was ignorance or a lie (politics).

    These past 3-4 years, we've been told that, due to our MASSIVE federal deficits, we must do something about SS. Another lie.
    If SS were cancelled tonight, the effect upon our federal annual deficits would be ZERO.

    Unfortunately, by law, the SS fund can only invest in federal bills, bonds, and notes.

    Please read my original posting, slowly and carefully.

    I will appreciate any critical comments accompanied by the rationale for disagreement.

    mz
    Mar 10, 2014. 06:37 PM | Likes Like |Link to Comment
  • Democrats push forward with call for higher minimum wage [View news story]
    Bill,

    Your "conclusion" is incorrect.

    There is somewhere north of $2.5 trillion of federal paper and cash.

    The fund is unable to invest in anything but federal paper.

    Would you prefer all paper be paid off and have the funds sitting in cash?

    mz
    Mar 10, 2014. 11:00 AM | Likes Like |Link to Comment
COMMENTS STATS
232 Comments
134 Likes