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jack matalka » Comments » XLF

  • Don't Believe the Lies: Ride the Bank Stocks Bull [View article]
    I think the negative bloggers here missed the bottom of the financials. They must have missed shorting oil at 140 as well. Lost out on both sides
    of the money making machine. The only thing left for them to do is wish, wish, wish. Soooooo if you are not in financials at yesterdays bottom, its still not too late, todays bottom is also good.
    you don't need to BAD MOUTH the ones who are in it and laughing all the way to their WM, BAC, etc.
    Aug 15 12:05 pm |Rating: 0 0 |Link to Comment
  • Of Rumors and Bank Runs [View article]
    I bow to you in amazement. Putting your name next to the garbage
    that comes from this column. The investing public is aware of what the shorts are doing. They'll wait them out. Sooner or later they have to cover what they (borrowed or believe borrowed) and then we'll see who gets the last laugh. There are 400 millions shares shorted recently. 85% of WM is institutionally owned long term. Not available for trade. 15% available for trade. Thats about 200 million. Do the math. Too many shares shorted not enough
    available to buy back. Its a waiting game. Holders vs shorts who will give first? My money on the shorts. They'll give first and stampede the available shares and send the stock to double what is now. Your guess is as good as my guess.
    Jul 29 17:17 pm |Rating: 0 0 |Link to Comment
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