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rffrydr Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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Posted: Mon Sep 12, 2011 4:32 pm Post subject: |
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40K BAC jobs leaving those State AG's jurisdiction: I wonder if they got the message? Probably not. _________________ Today is the Tomorrow you worried about Yesterday! |
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HenryTo Site Admin


Joined: 06 Aug 2004 Posts: 11740 Location: Los Angeles, California
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Posted: Mon Sep 12, 2011 3:50 pm Post subject: |
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| 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 Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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Posted: Sun Sep 11, 2011 7:47 am Post subject: |
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Yes...Jamie's percent of a percent holding in eurodebt sure gets punished. Or maybe it's just us. _________________ Today is the Tomorrow you worried about Yesterday! |
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Timonomics Newbie

Joined: 10 Sep 2011 Posts: 2
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Posted: Sat Sep 10, 2011 2:46 pm Post subject: JPM |
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| 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 Moderator


Joined: 30 Oct 2005 Posts: 16939 Location: Sunny California
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Posted: Wed Aug 24, 2011 3:23 pm Post subject: |
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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%. _________________ Today is the Tomorrow you worried about Yesterday! |
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