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billmichael

billmichael
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  • It Appears As Though Shares Of Bank Of America Will Be Taking A Hit On Monday [View article]
    I agree with you. In fact, I bought more shares this morning at what I feel is a bargain price.
    Jun 16, 2014. 10:08 AM | Likes Like |Link to Comment
  • It Appears As Though Shares Of Bank Of America Will Be Taking A Hit On Monday [View article]
    The news didn't "break" last Friday at midnight. There were reports as early as the 11th of June and up to that point BAC was shooting up then leveled off to about 15 and some change. ( See: "Bank of America Growth Challenges Go Beyond $17 Billion for Feds BY Dan Freed | 06/11/14 - 03:17 PM EDT, The Street" ). It makes no sense to me why the DOJ is trying to strangle a bank that the other half of government just spent billions to bail out. Everyone wants their pound of flesh, must be. Maybe the DOJ is trying to make the larger case of banks that are too big to fail and it is using BAC to do so. The DOJ could be wanting to justify "breaking up" the big banks. The Obama Administration is already in control of healthcare and energy in this nation, perhaps they are going attempt to take control of the banking industry via regulation and are laying the groundwork to support their goals. "The Ends Justifies the Means...???"
    Jun 15, 2014. 10:31 AM | 2 Likes Like |Link to Comment
  • Bank Of America: About To Pull A Rabbit Out Of Its Hat? [View article]
    I just wish I had sold BAC in March so I could buy it all back in May. I could have made money coming down and then going back up. Oh well, can't turn your back for a moment. I am sure I'll get the hang of this yet.
    Jun 1, 2014. 01:17 AM | 4 Likes Like |Link to Comment
  • I Might Very Well Be Wrong About Bank Of America [View article]
    "This worries me." "When people talk about BAC going 'down' it has gone 'up'." "Now that the talk about BAC is about going 'up'..."
    "Oh! What to do, what to do..."
    May 27, 2014. 10:48 PM | 1 Like Like |Link to Comment
  • Bank Of America Preparing To Write A Big Check- Take Some Profits [View article]
    Don has a grudge against Bank of America and uses every opportunity in these pages to vent his frustration with the company.
    May 16, 2014. 04:35 PM | 4 Likes Like |Link to Comment
  • Bank Of America Preparing To Write A Big Check- Take Some Profits [View article]
    You must not follow Don Dion that much. He's been bashing Bank of America for months and months. There is no way you could say you weren't warned about BofA if you had been reading Don Dion on a regular basis.
    May 16, 2014. 04:16 PM | 8 Likes Like |Link to Comment
  • Bank Of America: Top 3 Annual Meeting Takeaways [View article]
    My one regret is that I didn't sell in March when the stock peaked above $18 per share. I could have bought back in today and made a bunch. It doesn't pay to be the deer looking into the headlights. Oh well.
    May 7, 2014. 08:44 PM | 1 Like Like |Link to Comment
  • Bank Of America: What Should Shareholders Do In Light Of Recent Events? [View article]
    Yeah, what about that? Who else wants to rape this cow...???
    Apr 30, 2014. 04:10 PM | 1 Like Like |Link to Comment
  • Bank Of America: What Should Shareholders Do In Light Of Recent Events? [View article]
    Well you know what they say about buying a stock when everyone else is fleeing for their lives.
    Apr 30, 2014. 04:09 PM | 2 Likes Like |Link to Comment
  • Earnings Comments On Bank Of America [View article]
    "Why?" Because the US Government "encouraged" Bank of America to rescue Country Wide Financial from imminent disaster by buying it. "It all goes back to Washington DC", as a previous commenter proclaimed. And, it goes back as far as Bill Clinton. No one wants to own up to any of this but it was Congress and the Clinton administration that got the ball rolling by encouraging banks, via federal regulation, to make loans left and right to "help" the economy. It was the US Government that pushed banks to make loans to people who couldn't pay for the houses they bought.
    Apr 17, 2014. 12:35 PM | 1 Like Like |Link to Comment
  • Is Our Bank Of America Stock Price Headed Back To Single Digits? [View article]
    Regular readers of your writings, Don, here on SeekingAlpha.com know that you bash Bank of America every chance you get. So much so that one might think you have a massive short position of maybe you just hate BofA, who knows? However, investors or traders who want to make money will probably continue to consider a global bank like BAC, emerging from the financial crisis, as an opportunity for capital appreciation. I am long on BAC and am adding to my position every chance I get.
    Apr 16, 2014. 09:36 PM | 17 Likes Like |Link to Comment
  • Bank Of America, JPMorgan Kick Off Upcoming Mega Bank Results [View article]
    A broken wristwatch is right twice a day.
    Apr 10, 2014. 08:11 PM | 1 Like Like |Link to Comment
  • Allstate drops suit against Countrywide over MBS [View news story]
    Me too.
    Apr 9, 2014. 11:43 AM | 1 Like Like |Link to Comment
  • The Next Big Embarrassment For Bank Of America - Another Lawsuit [View article]
    Just curious, what did you pay for those shares?
    Apr 3, 2014. 06:24 PM | Likes Like |Link to Comment
  • The Next Big Embarrassment For Bank Of America - Another Lawsuit [View article]
    Who cares about dividends when your money almost quadruples in just three years? Who worries about a 1 cent dividend increase when the share price goes up almost a dollar a quarter?
    Apr 3, 2014. 06:21 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
117 Comments
233 Likes