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JamesChessing21

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  • Bank Of America's Results Encouraging, Sell-Off Overdone [View article]

    the future is brighter, but for now investors are tired of seemingly never'ending legal fees and billion USD settlements... Make no mistake about it this is coming from the pocket of shareholders however you put it...it s huge dollops of REAL CASH !!!
    Apr 16 01:34 PM | 1 Like Like |Link to Comment
  • Bank Of America: On The Road To Doubling Returns On Shareholder Capital [View article]

    very reasonable analysis...BAC management like investors should be looking forward to earnings continually being ramped up !!! With Ken Lewis it was about the short term and EGO...now Moynihan planning for the next 5-10 years...after all that s where you want to put your money : a safe stable company for the long term...We all know that the US Gvt-Fed-Treasury have not a clue about managing the future of US economy...except fro printing more money more QE...BAC needs a FORTRESS BALANCE SHEET to avoid the repetition of our recent BANKRUPTCY !!!
    Apr 14 11:44 AM | Likes Like |Link to Comment
  • Bank Of America: Go Home Mr. Market, You're Drunk [View article]

    The author may be right about the future but if you buy BAC on todays 2014 earnings you are paying 18x and only getting 1.25 future dividend yield...and investors are getting tired of what are perceived as ongoing legal problems...
    Apr 11 12:41 PM | 1 Like Like |Link to Comment
  • For Bank Of America, Here Comes Housing Help! [View article]
    as a shareholder who witnessed BAC plunge to bankruptcy and salvation from the FEDOBAMA...I looked at the matter more closely and realized that the beast BAC s Lewis was very simmilar to to Mozillo s CFC a huge financial con trick...i.e a huge illusion backed up by acquisitions, share buy back and a hefty dividend, but all these overpaid acquisitions masked the truth with or without the financial melt'down BAC would have gone bankrupt...because it was a lot of different businesses with no cohesive corporate culture or corporate ethos...the only ethos was to screw investors and customers...maximize profits by hook or by crook...so the demons were in BAC and in no way linked to the financial crisis...I am 100 pct for Moynihan he has been making all the right moves to change the culture, but that will take time...and to get to a dividend yield of say 3pct in 2015 and 3.5 pct 2016 BAC must fire on all cylinders very difficult when you have so many disparate business units...and you are a FEDOMA utility...make no mistake the Democrats will continue to make BAC pay for its sins against the poor...Understand the Beast before you invest IMHO
    Apr 5 06:12 PM | 1 Like Like |Link to Comment
  • Bank Of America: Not Just A Dividend Growth Story, It's Undervalued [View article]

    Past and Present BAC are not comparable...the go go years of abusing customers, investors, stockholders to make illuisionary stock buybacks and huge dividends are over !!!
    Apr 4 06:11 PM | 2 Likes Like |Link to Comment
  • Bank Of America: 70% Upside Over The Medium Term [View article]

    BAC in the past is in no way comparable to BAC today...the past management created an illusion of growth through acquisitions for the beast to survive it needed growth just like the failed Soviet Union , expansion masked the deeper problems...BAC ...was bankrupt...it behaved unethically towards its customers...and towards it s investors...even today BAC is made up of many new moving parts and no one knows if all these moving parts will produce cohesive , sustainable internal growth - profits...the Jury is still out...we could get a nasty surprise like at Citi...Looking at the BAC business and taking into account its very checkered history and the extremely low dividend yield...I would say that it deserves to be at a discount to bookvalue...and for the time being is in no way comparable to JPM or WFC...
    Apr 4 11:54 AM | 1 Like Like |Link to Comment
  • Bank Of America: Future Earnings Point To Upside [View article]

    All these estimates look great on paper, but we all know that reality is likely to be very different...I prefer the more conservative valuations...BAC is now a FEDOBAMA REGULATED UTILITY , It is a cash cow for democrat lawyers , it has a very low dividend only barely 1%, it should sell on a PER of maximum 10x , it should be at a substantial discount to book value because of its disastrous history- poor reputation , Insiders have stopped buiyng...IMHO VALUE 12moths out 18...bucks and if market falls sharply could be back at 14 as there is no yield to hold it up !!!
    Apr 1 01:34 PM | 1 Like Like |Link to Comment
  • Bank Of America: Buy The Dip, It Will Not Last [View article]

    This article says that BAC by historical standards is undervalued...not too long ago BAC was worthless...yes BANKRUPT !!! It was saved by the bailout...It is now a different beast...A FEDOBAMA Utilty...as such, it is now more than fully priced ...all the rest is hype...worth a PER of 10x normalized earnings for 2015 i.e 16 bucks...and dividend yield onlly 1pct...against WFC 2.5...and INSIDERS have stopped buying...they should know...
    Mar 31 02:43 PM | 1 Like Like |Link to Comment
  • Why Bank Of America's Future Is Brighter Than It Was On Wednesday [View article]
    BAC and TBTF banks are now FEDOBAMA utilities / cash cows for smart democrat lawyers and should be valued accordingly : value 10* EPS and dividend yield of 3 pct...assuming BAC makes 1.65 PS in 2015 ...the dividend will have o treble to justify the current price of 17...from what we know today...BAC fully priced..

    The rest is just hype...
    Mar 29 11:45 AM | Likes Like |Link to Comment
  • Why Bank Of America's Future Is Brighter Than It Was On Wednesday [View article]
    At this rate it will take 15 years to bring the share count back to pre the catastrophic dilution by exceedingly disastrous BAC management before and after the finacial crisis...all growth from BAC comes from acquisitive growth and unethical management both to customers and to shareholders...Now BAC must prove that it can grow Top line and Bottom line without the smoke and mirrors of acquisitions and giving consumers a A Grade service...I am a shareholder for the longer term and I am hoping that this will happen, but for the longer term 3...5 years.
    Mar 28 01:03 PM | Likes Like |Link to Comment
  • Bank Of America Soon To Blow Through $20 [View article]
    Fact is the upside 10...20 pct and downside 30...40 pct until we have the earnings and a minimum 3pct dividend yield to support the price !!!

    So for 2014 BAC fully priced !!!
    Mar 27 12:54 PM | Likes Like |Link to Comment
  • Can Bank Of America Trade At $40 In A Couple Of Years? [View article]

    Thanks for that SandP Values BAC 18 and Atlantic 18 Trefis 18.5 that sounds reasonable...suddenly there is an anal lyst race to the top with the target going higher and higher sucking in unwary buyers...TO GENERATE COMMISSIONS AND BONUSES FOR BROKERS !!!
    Mar 24 01:08 PM | Likes Like |Link to Comment
  • Can Bank Of America Trade At $40 In A Couple Of Years? [View article]
    THE FACT IS THE BANKS ARE TOTALLY AN COMPLETELY IN THE HANdS OF FEDOBAMA THE OLD DAYS WHEN YOU WOULD PAY 1.5x or 2x BOOK VALUE ARE WELL AND TRULY OVER...THESE BANKS ARE NOW UTILITIES...THE DIVIDEND YIELD AND PE WILL NOW RULE:::THE REST IS JUST HYPE:::NOT VERY LONG AGO BAC WAS BANKRUPT YES THE EQUITY WAS WORTH ZERO !!! FINALLY ALL THE BAC GROWTH NOW AND IN THE PAST COMES FROM ACQUISITIONS :::ZERO ORGANIC GROWTH AND ZERO CORPORATE CULTURE ONLY CULTURE WAS BILKING THE CUSTOMERS: I AM A SHAREHOLDER WHO BOUGHT WHEN PRICE WAS 30 bucks and the same anal lysts were pushing it !!! BE CAREFUL PREFER ATLANTIC SECURITIES TARGET OF 18.50 and INSIDERS STOPPED BUYING LONG AGO !!! IMHO !!!
    Mar 24 12:54 PM | Likes Like |Link to Comment
  • Bank Of America: One More Reason To Go Long [View article]
    Fully Priced +/- 18 bucks...yes
    Mar 22 08:41 PM | Likes Like |Link to Comment
  • Bank Of America: No. 28 For Yellen, No. 1 For Shareholders [View article]
    One must factor in that FEDOBAMA have not a clue about the economy as was proved with financial melt down !!!
    Mar 21 04:03 PM | Likes Like |Link to Comment
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