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Lqlax87

Lqlax87
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  • Bank Of America Strong Buy - 30% Undervalued And Lagging Peers [View article]
    Banks have historically traded at 2x book value. Tangible or not there is still upside here
    Aug 12 06:48 PM | 3 Likes Like |Link to Comment
  • Bank Of America Is The Most Attractively Valued Large U.S. Bank [View article]
    Tim- Another great BAC article. Keep it up!
    Jul 22 12:33 PM | 1 Like Like |Link to Comment
  • Why Bank Of America Shares Might Plunge Again When Earnings Are Reported [View article]
    I need you all to get scared after earnings and sell all your stock at once. I'm looking for a buying opportunity so your help would be appreciated. Thanks!
    Jul 8 07:38 PM | 2 Likes Like |Link to Comment
  • Bank Of America: It Is Time To Take Profits [View article]
    I think your article does a nice job showing the current lending environment for BAC. I think you have a good point that 2013 maybe a flat year for the stock. If you are looking at a one year hold period then it may not be for you. Given that I note the following upside:

    -The interest margin squeeze is bottoming out. At some point this will go the other way.
    -There is still cash to be put to work by refinancing existing debt
    -The lending BAC is doing is small in comparison to other banks. I think that you are correct, but once again this proves there is a lot of upside for the bank.
    -The increase in dividend and/ or buybacks could prove to give at least some upside on the year

    A one year hold period may provide for a small gain but if you are looking at 3 years then you could easily see 30%+ in annual returns over that period.
    Dec 14 12:30 PM | 1 Like Like |Link to Comment
  • Bank Of America Should Rally On Improved Housing Market [View article]
    I think the election actually gave us some political clarity. We know what we are going to be dealing with for the next 4 years. We will have divided government. Dodd Frank will remain and any extensive new laws will be blocked.
    Nov 30 12:56 PM | Likes Like |Link to Comment
  • Buying Into Bank Of America Again [View article]
    BAC "A" warrants: BAC.ws.a

    BAC "B" warrants: BAC.ws.b
    Nov 19 03:05 PM | Likes Like |Link to Comment
  • Bank Of America Rallying On Strong Balance Sheet: The Road Ahead From Here [View article]
    I would think that accelerated layoffs would be good if they don't effect revenue too much.
    Sep 21 02:00 PM | Likes Like |Link to Comment
  • A Case For Bank Of America [View article]
    The longer term bonds saw their yields spike today. The Fed is doing a lot of manipulation with bond markets but my guess is that the small amount of private investors buying bonds right now (30%) are losing demand as they flee to other assets.

    The Fed buying already occurring today should cap long term bond yields at some rate. Where that is, I don't know. At the least, it seems the days of 1.41% 10 year yields are behind us.
    Sep 14 05:54 PM | Likes Like |Link to Comment
  • A Case For Bank Of America [View article]
    The dividend will be increased with time. If it does, institutional investors will come back into the stock in strong fashion.
    Sep 14 02:31 PM | 2 Likes Like |Link to Comment
  • More Reasons To Buy Bank Of America Shares Now [View article]
    A month ago $7 Jan 2014 calls were going for $1.50 a piece. Wish I would have bought more. Sigh.....
    Sep 7 12:36 PM | Likes Like |Link to Comment
  • More Reasons To Buy Bank Of America Shares Now [View article]
    Historically, banks have traded above book value. That may not be the case going forward, but I don't think 40% of book value is the new normal either.
    Aug 30 01:12 PM | 1 Like Like |Link to Comment
  • More Reasons To Buy Bank Of America Shares Now [View article]
    When they increase their dividend, do you really think it is going to drop to $6? Unlikely

    Institutional investors will start flocking back in and the stock will go up
    Aug 30 01:10 PM | 1 Like Like |Link to Comment
  • Bank Of America: A Stronger Buy Now [View article]
    I think that would require either extreme fed intervention & /or European issues pushing the Euro zone on a lifeline. On the other hand, I never thought I'd see 10 year yields drop below 150 so who knows
    Aug 15 12:55 PM | Likes Like |Link to Comment
  • Bank Of America: A Stronger Buy Now [View article]
    If we see a dividend boost, look out. Institutional investor ownership is low compared to other financials. Look for that institutional money to come back into the stock.

    More good news. The 10 year treasury seems to have bottomed on yields.
    Aug 14 01:20 PM | Likes Like |Link to Comment
  • Bank Of America - Under-Reserved And Overvalued [View article]
    Common Equity of ~$217 Billion
    Market Cap of ~$77 Billion
    Potential Losses ~ $23 Billions

    Where do the $100 Billion + dollars go to. Unlikely all those get written off, but even if they did, the stock would still be undervalued
    Jul 26 03:34 PM | 3 Likes Like |Link to Comment
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COMMENTS STATS
86 Comments
48 Likes