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billmichael

billmichael
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  • Bank Of America Is America's Least Favorite Bank [View article]
    This is just an ad for BOFI. Warren Buffet has already more than doubled his money. There's an old saying, "Politics is all local", and I believe so is banking.
    Oct 10, 2014. 09:57 PM | Likes Like |Link to Comment
  • Bank Of America Is America's Least Favorite Bank [View article]
    This just sounds like an ad for BOFI. Furthermore, Warren Buffet has already doubled his money, I doubt one could call him "wrong" for investing in BAC. Finally, like the old saying, "Politics is all local.", so is banking.
    Oct 10, 2014. 09:54 PM | 1 Like Like |Link to Comment
  • Speculation builds heading into Tesla Motors event [View news story]
    You must be thinking about General Motors.
    Oct 7, 2014. 12:34 PM | Likes Like |Link to Comment
  • Speculation builds heading into Tesla Motors event [View news story]
    I don't understand the publicity about "self-driving" cars. Who would want one? The "joy" of driving comes from being in the driver's seat not from sitting in the back. If one wants a self-driving car, take the bus.
    Oct 7, 2014. 12:33 PM | 2 Likes Like |Link to Comment
  • Brighter Future Ahead For Bank Of America, Stock Undervalued [View article]
    BAC was at 18.03 in March of this year.
    Sep 7, 2014. 03:10 AM | 1 Like Like |Link to Comment
  • Brighter Future Ahead For Bank Of America, Stock Undervalued [View article]
    Definately something to look forward to.
    Sep 6, 2014. 08:59 PM | 1 Like Like |Link to Comment
  • Bank of America raising another $3B after mortgage fine [View news story]
    Bank of America is a really "big" bank. Besides, after paying enough money to Uncle Sam, they don't need to. Bank of America is a "profitable" bank, too. They are a long way from being on life-support.
    Sep 2, 2014. 10:18 PM | 2 Likes Like |Link to Comment
  • Acampora: BofA and Citi are buys after breaking resistance [View news story]
    Bank of America (NYSE:BAC) was over $18.00 in March.
    Aug 25, 2014. 01:41 PM | 1 Like Like |Link to Comment
  • Bank Of America: Mortgage Mess Resolved, Now Up To $20? [View article]
    At this point, Bank of America is almost like "found money."
    Aug 22, 2014. 11:42 AM | 8 Likes Like |Link to Comment
  • Update: Bank Of America Is Teetering On U.S. Court Action [View article]
    Oh...!!!
    Doom and Gloom...!!!
    DOOM & GLOOM...!!!
    What are we gonna do...???
    BAC is priced right where it should be. It would be double where its at now if all of its troubles were behind it.
    Yes, I agree, right now, would be a really silly time to get into the market at all.
    Jul 31, 2014. 01:17 PM | Likes Like |Link to Comment
  • Bank Of America Stock Forecast Based On A Predictive Algorithm [View article]
    Well, so let's hear about BAC. Who do you think needs to go to jail? Name some names so an investigation can be started.
    Jul 30, 2014. 04:07 PM | Likes Like |Link to Comment
  • Bank Of America: One Last Blow Of Penalty Remaining [View article]
    Clearly the Justice Department wants to make a whipping boy out of BAC and to make an example of the bank(s) while ignoring the role of the federal government in forcing the banking industry ( via legislation passed by Congress and signed into law by then President Clinton ) to make loans to those who couldn't possibly afford to pay them back just to prime the economy and make the polical party in power "look good". There are just as many people in government and the ratings agencies who are culpable in the mortgage meltdown yet it is the goverment that has retrieved its halo from the bottom of the carnage and is polishing it to a brilliant shine so it can reflect the blame away from itself. In the end the ones that get hurt are the investors, the depositors, the prudent savers, and all the ones who actually obey the law.
    Jul 17, 2014. 05:39 PM | 15 Likes Like |Link to Comment
  • Bank Of America Earnings Update: It Beats Estimates But Does That Matter? [View article]
    Uncertainty.
    Jul 16, 2014. 04:15 PM | Likes Like |Link to Comment
  • Bank Of America Earnings Update: It Beats Estimates But Does That Matter? [View article]
    " ... stock is down today."
    Furthermore, many stocks are actually "down" after an earnings report due to profit taking and for other reasons. And if you look at the numbers there was NO massive selloff of BAC stock (as if there was blood in the streets over this latest earnings report). It's just normal business in the course of a day's work.
    Jul 16, 2014. 04:13 PM | Likes Like |Link to Comment
  • Bank Of America Earnings Update: It Beats Estimates But Does That Matter? [View article]
    From what I read elsewhere it would appear that BAC made a pot full of money but elected to set aside a significant portion for litigation expenses. I don't fully understand some of the figures I've looked at so if I am wrong please correct me. It appears that if it hadn't been for the 19 cents per share that was set aside the total net would have been about 42 cents per share which is higher than last quarter. You must not be doing that bad when you can manipulate your own profit margin to your advantage. I took advantage of the drop to load up on more shares. No other bank offers the upside that BAC offers right now. Settling with the DOJ remains the last major hurdle and I think the light at the end of the tunnel is starting to appear in the distance. I suppose there are better places to put your money but if you can wait a little while I think BAC stock will double in a few years plus it will start paying dividends. That's just my two cents.
    Jul 16, 2014. 03:57 PM | Likes Like |Link to Comment
COMMENTS STATS
123 Comments
241 Likes