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JamesChessing21

JamesChessing21
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  • BofA reportedly near $16B-$17B deal with DOJ [View news story]

    More shareholder bacon down the 0bama drain...it sets a precedent, do not be naive enough to think that 0bama s DOJ, SEC , Ambulance Chasers will not come back for more...BAnk of America is now 0bama s bitch !!!
    Aug 6, 2014. 04:22 PM | 13 Likes Like |Link to Comment
  • Countrywide found guilty in U.S. mortgage suit [View news story]

    Pure and Simple : Juries always hate BIG BANKS and will always come down against them...NOT JUSTICE !!!
    Oct 23, 2013. 04:04 PM | 11 Likes Like |Link to Comment
  • I Will Pass On Bank Of America [View article]

    A 3 year investment with the strong possibility of hiiting EPS of 1.60 next year and a dividend of 10 cents per quarter...or a yield of 2.85 per annum...that s what the Bulls are hoping for IMHO there is a 70pct probability we make these numbers...that s why I am holding on...
    Nov 11, 2014. 05:46 AM | 5 Likes Like |Link to Comment
  • Bank Of America: New 52-Week High Finally In Sight? [View article]

    I agree but this is for very patient investors...the huge mistakes made by BAC management ...resulting in huge dilution and huge losses will not be forgotten quickly by investors...and the GOVERNMENT is always ready to extort more money from BAC...
    Feb 12, 2014. 11:22 AM | 5 Likes Like |Link to Comment
  • Bank Of America CEO Under Pressure [View article]

    I would prefer to follow Warren Buffet than Don Dion...I am not selling a single share...
    Nov 6, 2013. 04:56 PM | 5 Likes Like |Link to Comment
  • The Easiest Way For Bank Of America To Boost Earnings [View article]

    I agree with you...but bear in mind that not too long ago BAC almost disappeared into the dust...so obviously management is playing a long term game...3...5 years out they do not give a damn about short term share price...they are building solid foundations for the future...and do not forget the recent failures...and also the fact that a financial melt'down can happen again...yes...and Tier1 common capital may not be enough...and most importantly those guys, that woman at the FED -Obama do not have the slightest clue how to run an economy properly !!!
    Mar 4, 2014. 12:21 PM | 4 Likes Like |Link to Comment
  • Avoid the "origination-reliant" bank names ahead of Q1 earnings, says FBR's Paul Miller, as the strong mortgage results from the past few reports will likely weaken. Most at risk: BAC, FITB, FBC, USB, STI, and WFC. That mortgage profits have worsened isn't news, but Miller suggests things have gotten worse than previous muted expectations. [View news story]

    I agree there is a lot of hope built into BAC short term, though longer term 2-3 years out am bullish...to turn this juggernaut around will take longer...
    Will retest resistance 11.36 and will likely trade in a range of 11-11.50 during the summer months...
    Apr 5, 2013. 12:10 PM | 4 Likes Like |Link to Comment
  • Bank Of America Reports Second Quarter Earnings, But Wells Fargo Is A Better Investment [View article]
    Great article the facts...no hype !!! Optimistically in 3 years but more likely 5 years BAC will be a solid investment like WFC with a dividend yield of 3 pct...
    Jul 8, 2014. 11:41 PM | 3 Likes Like |Link to Comment
  • The TBTFs join to fight proposed bank tax [View news story]

    Over th years Banks have paid 100s of Billions of taxes...NO MORE TAXES ...its not good for consumers as banks will just charge more to their customers...NO MORE NEW TAXES...CUT TAXES TO GROW ECONOMY:::OBAMA IS AN IDIOT !!!
    Mar 18, 2014. 04:48 PM | 3 Likes Like |Link to Comment
  • Bank of America adds another $400M in Q3 legal expense [View news story]

    Anotherl charge even if not huge...still 400 million bucks psychologically bad for the share price...
    Nov 6, 2014. 07:21 PM | 2 Likes Like |Link to Comment
  • 8 Major Reasons Why The Current Low Oil Price Is Not Here To Stay [View article]

    IMHO oil will test the USD 40 per barrel over the next 6-12 months...relatively not too long ago the Rockerfellers could not give it away for free when there was an OIL GLUT...we have one today...alternative production is creating this GLUT...Saudi Arabia like the head of any Cartel (i.e Sinaloa Drug Cartel) does not tolerate this and is determined to kill off competition...Yes down to 40 bucks ...that s the nature of the beast...
    Oct 30, 2014. 07:30 PM | 2 Likes Like |Link to Comment
  • BofA reportedly near $16B-$17B deal with DOJ [View news story]

    Wild speculation by greedy investors should have also taken some of the blame !!!
    Aug 6, 2014. 04:45 PM | 2 Likes Like |Link to Comment
  • Bank Of America - Earnings Shortfall Driven By New 'One-Time' Litigation Charges [View article]

    If it s run by an African American or Latino...Obama will give BAC all it wants and 50,000 kids...
    Jul 16, 2014. 05:59 PM | 2 Likes Like |Link to Comment
  • Bank Of America: About To Pull A Rabbit Out Of Its Hat? [View article]
    Even if the dividend and share buyback are reinstated....investors are fed up with endless blunders...tangible book value / book value as we have learnt during the crisis, do not mean a damn thing...assuming we get CLEAN EPS of 1.56 per share in 2015 BAC because of its disastrous hiatory is worth no more than 10x I.e 16 bucks...and must have a dividend yield of at least 3pct ...50 cents in 2015. The rest is just bla..bla...
    BAC now a FedObama utility and a cash cow for DOJ SEC and Ambulance chasers etc.,
    Jun 1, 2014. 12:08 PM | 2 Likes Like |Link to Comment
  • Bank Of America And The Big Denial [View article]

    The REAL PICTURE is that many years after the financial melt-down BAC shareholders have a miniscule dividend and all the earnings have been eaten up by lawyers and settlements...the failure to provide accurate accounts is not a first for BAC it has become a pattern of mistakes...maybe deceit...so investors are very very wary...
    May 26, 2014. 12:54 PM | 2 Likes Like |Link to Comment
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121 Comments
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