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billmichael

billmichael
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  • BofA's $8.5B mortgage settlement approved [View news story]
    Reminds me of an old saying by the Chinese that goes,
    "Man will sit with mouth wide open for very long time before roast duck come flying in."
    Here's another one,
    "The best fruit goes to those willing to reach the furthest."
    Jan 31 03:44 PM | 2 Likes Like |Link to Comment
  • BofA's $8.5B mortgage settlement approved [View news story]
    I was gonna say that...!!!
    Jan 31 03:41 PM | Likes Like |Link to Comment
  • New York drops effort to win damages from BofA over Merrill [View news story]
    Wowww...!!!
    I bet BAC will hit $20.00 real soon.
    Jan 19 01:28 AM | 2 Likes Like |Link to Comment
  • Bank Of America's Q4 Earnings Were Based Upon Its Own Balance Transfers [View article]
    Home Depot is GREAT...!!! I never go to Lowes anymore, they are too expensive and they sell junk.
    Jan 16 12:06 PM | Likes Like |Link to Comment
  • Bank Of America's Q4 Earnings Were Based Upon Its Own Balance Transfers [View article]
    Looks like some really smart moves on the part of BAC. Who wants to pay more tax than they must...???
    Jan 16 12:05 PM | 1 Like Like |Link to Comment
  • Bank Of America Earnings: Moynihan Is Money [View article]
    I imagine there have been "better opportunities" but I am well pleased with BAC's steady and significant stock price appreciation.
    Jan 15 05:22 PM | Likes Like |Link to Comment
  • I Was Wrong About Bank Of America, But I Would Rather Own Key [View article]
    Thank you for sharing the numbers on KEY. I have been wanting another bank stock that is recovering like BAC. Bank of America is getting stronger all the time and I think it will be a good investment over the next few years, perhaps even good for many years once it is allowed by the government to pay dividends.
    Jan 3 09:53 AM | 5 Likes Like |Link to Comment
  • Bank Of America: A Bank Fit For Investment [View article]
    There is negativity here about Bank of America that I really think is unjustifiable. Some of these very same authors appear in other columns where they actively bash Bank of America and support their argument without the necessary "hard facts" that can be readily verified. One author claimed that Bank of America insiders were selling their shares in droves yet this is completely false and it is information that is easy to look up. Something funny is going on here almost like there are a number of authors who are trying to drive the stock price down. I have to say, "Why would anyone waste their time bashing a stock like Bank of America over and over across multiple articles on this website if they didn't have some sort of motive against the stock?" Despite the lawsuits, Bank of America is a giant in the industry with a market capitalization of 150 billion dollars that has returned 40% to its shareholders in the previous 12 months. It remains on track in its recovery effort. I think that anyone who suggests to you that the bank isn't successful is blowing smoke. Of course, do your own research. It's your money at stake.
    Nov 7 08:55 PM | 8 Likes Like |Link to Comment
  • Bank Of America Could Be On Sale Soon, Again [View article]
    Well, maybe not "clearly and maybe not "upward" but more like "steady."
    Oct 31 03:33 AM | 1 Like Like |Link to Comment
  • Bank Of America Could Be On Sale Soon, Again [View article]
    But lets not kid ourselves. It's the "stock market" and the whole thing could go belly up at any time for any reason unforeseen by any of us. That's what makes it such a thrill-joy.
    Oct 31 03:29 AM | 1 Like Like |Link to Comment
  • Bank Of America Could Be On Sale Soon, Again [View article]
    And that's just November. December shows 14,268 sold CALL contracts at 11 cents each for a strike price of 15.00. The PUTS contracts were numbered at 1408 at 31 cents each for a strike price of 14.00. Clearly the expectation of options traders is one of upward price movement.
    Oct 31 03:24 AM | 5 Likes Like |Link to Comment
  • Bank Of America Could Be On Sale Soon, Again [View article]
    " ...penny-a-pop look "
    I think you nailed it right there.
    Oct 31 03:17 AM | 2 Likes Like |Link to Comment
  • Bank Of America Could Be On Sale Soon, Again [View article]
    Quote from Happyshorter: ".... Insiders have been selling regularly since many months, and heavily on the last peek (if we can call it that way)"

    That is completely FALSE. In the last 3 months there were 8 purchases and 6 sales. In the last 12 months there have been 52 purchases and 41 sales by BAC insiders as reported to the SEC. Easy to look this up and see you are wrong.

    Furthermore, "...the options traders agree with you", is just as incorrect. November contracts show 497 CALLS contracts at 15 cents each for a strike price of 14.50 and 163 PUTS contracts at 48 cents each for a strike price of 14.50. If anything the Options contracts indicate uncertainty and not "agreement".
    Oct 31 03:15 AM | 4 Likes Like |Link to Comment
  • Bank Of America's Day Of Reckoning [View article]
    Never think that governments don't stoop to the lowest levels just to bring in additional revenue. That goes for city, county, and state government, not just the federal government. He may try to deny it but one thing Obama did was to have his people figure out ways to inflict the most pain and suffering on taxpayers during the "sequester" and the "shutdown". City governments do the same thing: Try to control runaway spending? How dare you? Meals for students and the elderly cut back asap, just don't touch my generous pension contributions.
    Oct 28 11:20 PM | 4 Likes Like |Link to Comment
  • Bank Of America's Day Of Reckoning [View article]
    Imagine being a state attorney general who could bring a billion dollars into the coffers? Wouldn't that get you laid?
    Oct 28 11:11 PM | Likes Like |Link to Comment
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