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JPM

 
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Author JPM
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PostPosted: Wed Aug 24, 2011 8:06 am    Post subject: JPM Reply with quote

Hi Everyone,

New to this forum, but am always looking for expert opinions on individual stocks. I am looking to invest a substantial amount into JPM. Just wondering if it is a buy @ 36?
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rffrydr
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PostPosted: Mon Sep 12, 2011 4:32 pm    Post subject: Reply with quote

40K BAC jobs leaving those State AG's jurisdiction: I wonder if they got the message? Probably not.
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HenryTo
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PostPosted: Mon Sep 12, 2011 3:50 pm    Post subject: Reply with quote

Yeah--agree that American banks are pretty solid here. Any further dips should be bought--assuming the Feds come up with a credible plan to get rid of its housing inventory without further depressing housing prices. Basel III should be suspended, IMHO.
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rffrydr
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PostPosted: Sun Sep 11, 2011 7:47 am    Post subject: Reply with quote

Yes...Jamie's percent of a percent holding in eurodebt sure gets punished. Or maybe it's just us.
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Timonomics
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PostPosted: Sat Sep 10, 2011 2:46 pm    Post subject: JPM Reply with quote

If you haven't decided, stay out for now. The Europe contagion is here for a while, infecting all American banks. Wait until Greece defaults and the aftermath is over and everything settles
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rffrydr
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PostPosted: Wed Aug 24, 2011 3:23 pm    Post subject: Reply with quote

I own it from what is now 38 and change. I only buy these things with straddle sales-- or at least direct writes against shares. They have a good buyback program and, sans depression, will kick off a solid dividend early next year. Jamie is Wall St's hero--which is why I don't own very much.

39 has been a good "standby" price, another 10%.
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