The Obama administration approves ConocoPhillips-led (COP +0.3%) Freeport LNG as the second U.S. liquefaction project to gain federal approval to export chilled natural gas to countries without free trade agreements with the U.S. The decision is an important harbinger for the remaining 19 applications to export gas to non-FTA countries. [View news story]
hopache1 Any verifications that statement is true???
Is Bank Of America Fairly Valued At $12.85? [View article]
Depends on if Countrywide assets are "marked to market" or simply guesstimated as to what BAC "Book Value" is. I feel it's closer to 11. From your comment you feel it's 20 to 22, or mkt cap of 210 billion > or < . ?
Is This Security A Safe Haven? Absolutely Not [View article]
Captain, I took the same journey for the same reasons but in the end decided paying 11/2 to 2 % for management that barely makes the indexs (as an average)too big a bite. Annuities too. Though I could be educated there. The whole picture rotates around the word "Patience"!. Buy the core stocks in the down turns and sit back
Is This Security A Safe Haven? Absolutely Not [View article]
Lost about 5 dollars in those 5 years , a third of its value, but paid out more than 5 dollars. GE, C , BAC and many others lost more than 2/3 rd of thier value and paid nothing. There is risk but being the money middle man is not usually a bad thing.
A Few More Reasons To Be Skeptical About Bank Of America's Management [View article]
Countrywide will be a big positive as housing improves and ML is doing well. They ( the Gov) keep saying there is a big borrowing benefit from being too big to fail but they, at the same time, require a big reserve of 9/10% which they cannot loan out so thats a cost to the banks. BAC is a good buy
Manipulation? Hypothetical .. I'm short 100 tons of gold and the demand is not letting me cover, and in addition it is becoming scarce due to people taking delivery, Germany et,al, so, what to do? Naked short sell (dump) 4 or 500 tons on the Market and buy to cover and...??? There you have it. Billions fleeced from the Sheeple
Bank Of America: 'Project New BAC' Is On Track [View article]
Good reasons to be bullish. I was POed when they didn't issue a div, but Cap gains can be better managed as far as taxes. Stock should be 20s next year.-- My opinion. I've been accused of not being "Educated" by books by someone on here in the past.
Investing In Equities Now - Learn From May 1946 [View article]
Liked your article. Good comparisons. Not sure about the mental aspects and their effects on todays results Vs the 40s/50s Today, it's labor participation, wellfare participation, multimillion dollar salaries, and no wage increases due to world wide labor competition -- like Perot said. Thanks for the article. Bill
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
selling short stuff you do not own, cannot borrow have no claim to. A Lot like me selling your car when you're on vacation and hoping to buy it back at a lower price.
Goldman's Pointless Warning And What You Can Do About It [View article]
Bank preferreds are unlikely to decline unless the bank is jn danger of failing. If rates go up the banks make more money off the spread. If rates go down investors seeking yield will buy.
Bank Of America's Mean Reversion Illustrated [View article]
Buy Backs. BOOO! 10 1/2 billion shares out, buy back 800 Million + or so. Assuming they complete the BB at 12$ leaves 9 1/2 billion shares out. If price increases fewer shares are bought. They'll still probably end up with 10 billion shares out.
Why Merck Shares Are Cheap And Could Rise To $60 [View article]
The Obama administration approves ConocoPhillips-led (COP +0.3%) Freeport LNG as the second U.S. liquefaction project to gain federal approval to export chilled natural gas to countries without free trade agreements with the U.S. The decision is an important harbinger for the remaining 19 applications to export gas to non-FTA countries. [View news story]
Is Bank Of America Fairly Valued At $12.85? [View article]
From your comment you feel it's 20 to 22, or mkt cap of 210 billion > or < . ?
Is This Security A Safe Haven? Absolutely Not [View article]
Is This Security A Safe Haven? Absolutely Not [View article]
A Tale Of 2 Bank Stocks [View article]
A Few More Reasons To Be Skeptical About Bank Of America's Management [View article]
The Dividend Advantage Over Gold [View article]
Gold: A Bright Shining Lie? [View article]
Did Bank Of America Just Effectively Limit Its Countrywide Liabilities? [View article]
Bank Of America: 'Project New BAC' Is On Track [View article]
Investing In Equities Now - Learn From May 1946 [View article]
This Gold Slam Is A Massive Wealth Transfer From Our Pockets To The Banks [View article]
A Lot like me selling your car when you're on vacation and hoping to buy it back at a lower price.
Goldman's Pointless Warning And What You Can Do About It [View article]
Bank Of America's Mean Reversion Illustrated [View article]