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Jake2's
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410 comments
Rating: 131
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"Disclosures: None, potentially long JPM soon" "Although the financial institution will undoubtedly be affected by the deteriorating credit situation . . . "
Sep 02 11:43 am
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All Comments by Jake2 »Buying a Bank? My Vote is for JPMorgan Chase [View article]
These comments give pause. Why isn't the writer in JPM now? Is he waiting for another financial bomb to drop, like defaults on commerical mortgages perhaps? Or some massive credit card defaults? When you like a stock or sector, but are not yet in, standard procedure is to suggest an entry point. The writer does not do this.