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Eightball

Eightball
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  • Bank Of America's Insider Activity Is Puzzling [View article]
    I recall reading at The Street that Moynihan, Montag and the CFO I believe are the largest private shareholders. That is absurd! That's our dang money they've been given, for doing a terrible job of running the bank.

    Something has to change.
    May 23, 2014. 10:12 AM | 8 Likes Like |Link to Comment
  • BofA fields questions on accounting foul-up at annual meeting [View news story]
    I agree. They are being paid entirely too much money given the horrible job running the company. Very frustating!
    May 7, 2014. 12:47 PM | 7 Likes Like |Link to Comment
  • Our Bank Of America Crashes [View article]
    You seem to be mixing up some things here. It's a 4 billion buyback that will be scrapped, not dividends. I believe the increased dividend would have worked out to 1.68 billion a year.

    But, I agree with your overall sentiment. Management (and the board) are grossly overpaid - we need to clawback some of the absurd 13.1 million Moynihan received last year in compensation. And his compensation this year should be greatly reduced, as well as other executives and the board.

    What a mess!
    Apr 29, 2014. 08:12 AM | 5 Likes Like |Link to Comment
  • No Longer Negative On Nokia [View article]
    I agree, positive news lately, with wp7 outselling bb in several major countries, wp7 outselling iphone in china and russia, great us sales etc.
    May 18, 2012. 06:01 PM | 5 Likes Like |Link to Comment
  • BofA resubmits capital plan to Fed [View news story]
    Good news!
    May 27, 2014. 08:39 AM | 4 Likes Like |Link to Comment
  • With some help from rising European markets, Nokia (NOK +4.2%) has quietly rallied 23% this week, as value investors bet the company can stabilize. A Chinese site recently reported that Nokia will unveil two Windows Phone 8 models (previous) at its Sep. 5 Nokia World event. There are already hints Nokia WP8 devices could go on sale soon afterwards. (also)  [View news story]
    Interesting.

    If they unveil phones, they should be available for sale within one week or so, ala Apple, not months later!
    Jul 27, 2012. 01:13 PM | 4 Likes Like |Link to Comment
  • Will A $265 Million Sale Put Nokia On Track? [View article]
    White 900 sold out again at Amazon.

    It's going to be tough for Nokia but seeing what Motorola was sold for and Nokia sells a ton more phones I think we will be ok.
    May 8, 2012. 01:14 PM | 4 Likes Like |Link to Comment
  • Bank of America confirms U.S. deal; +1.1% premarket [View news story]
    If you think they just agreed to a 16 billion plus fine when they weren't guilty you need to pass that good good you are toking on.
    Aug 21, 2014. 11:54 AM | 3 Likes Like |Link to Comment
  • I Might Very Well Be Wrong About Bank Of America [View article]
    Much rather have the full dividend than the buyback. We've suffered long enough.
    May 27, 2014. 03:28 PM | 3 Likes Like |Link to Comment
  • Annaly: REIT Panic Ahead [View article]
    It's not about jealousy, its just that when executives receive huge paydays it makes you wonder if the company is being run for the shareholders or for management.

    See all big banks, Lehman, etc - profits could be much higher if compensation was reined in. I am also concerned that the man in question here has been officially dinged for professional missteps.
    May 13, 2012. 01:40 PM | 3 Likes Like |Link to Comment
  • Nokia (NOK) announces partnerships with several major developers to introduce apps for Lumia Windows Phones - some of the apps will be exclusive to Lumia models for a limited time. Among the partners are ESPN, Groupon, PayPal, and (notably, given the back-story) Angry Birds maker Rovio. Though Windows Phone now has ~80K apps available, that figure still puts it well behind iOS and Android.  [View news story]
    great news
    May 8, 2012. 01:27 PM | 3 Likes Like |Link to Comment
  • Nokia Ready To Soar On Lumia 900 Success [View article]
    Actually the two million sold was all Lumias for Q1 (Europe, US (which was only available on T-Mobile, though sales exceeded expectations), India etc). So that statement is extremely misleading.

    I do think the initial sales on ATT have been great though with frequent sell outs, though likely out of a small amount of product.

    As long as Nokia can double Lumia sales each quarter I will be ok. That may be quite a challenge though. They need to release the 610 like yesterday and get a 900 variant on all US carriers asap. Also why is the Lumia initially rolling out to only one Chinese carrier?
    Apr 23, 2012. 01:40 PM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Time For A Turn In Housing? [View article]
    That's an awfully negative outlook - sure there are some bad investors out there but some amazing ones also. Furthermore if you are buying something cash like most investors must you have an even larger incentive to keep things up.

    I don't know what will happen short term but it seems insane to me that housing prices, especially in certain areas, can be so cheap compared to Europe and parts of Asia.
    Feb 20, 2012. 06:01 PM | 3 Likes Like |Link to Comment
  • Bank of America confirms U.S. deal; +1.1% premarket [View news story]
    The charge is much less than I was expecting. That is a positive development. Should still have a profit for the year.

    Overall, great news! And I'm glad the bank paid its debt to society.
    Aug 21, 2014. 09:31 AM | 2 Likes Like |Link to Comment
  • Bank of America Corp declares $0.05 dividend [View news story]
    .20 gonna take a while man!

    Happy with this div increase though, good start.
    Aug 6, 2014. 10:24 AM | 2 Likes Like |Link to Comment
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