I think the odds of the div I outlined above are pretty good. However, we _could_ still see the FED poke BAC (shareholders) in the eye, again. The next time you go to the polls, though, keep in mind which entrenched government made that present to you.
You cannot fight the market, you must learn how the game is played, and then beat them on their own terms.
really? where did you see that...everything I saw was BAC higher than the rest...even on CNBC...not that they are gospel!
That's what I've been looking for since the last time the government robbed the bank. 30 cents in total for calendar year 2015.
Of course, form a stockholder's perspective, that's like saying that BAC got the biggest tax refund of all the banks. (...in other words - - not financially efficient).
UBS may have engaged in manipulation - SEC has to find a way to bring UBS-like acts into courts and get conviction. UBS and others often engage in manipulation and they must be punished.
as long as I am and as much it kills me to agree with you....I have to on this one...think buyback and divvy raise will be less than the cheerleaders on this board are campaigning for....
Actually, C tier 1 was 8.2% and WFC was 7.5%. But BAC, at 7.1% showed the greatest improvement over last year.
think that is a little overly optimistic but I do think we put in a short term bottom at 15.75,,,should run at least to 16.26 ( 200MDA) and maybe up to 16.42 (50 DMA)...there it's a 3rd test of that range.....then I think it backs off until 3/11....
With the best Tier1 Capital ratio among big banks. I doubt they will get reject on raising dividend and stock buybacks.. GLTA Longs !!!!!
There's not such person called Chung Lee. That's his imaginary friend !
Just like the Purple dinosaur in the Barney Show !
I'm figuring we get 12 cents from the euro zone overnight so maybe it opens at $16.40. Not fantastic but better than a poke in the eye with w sharp stick.
WHOAAAHH THERE BIG GUY...Lets not get carried away with the pass of the easiest segment of the test...one that every bank passed...the real test will be next week....and the concerns with those parameters are what, more than one analyst had issues with.......by the way.. I am long so no shorty bashing here.
...there is no reason to kill the messenger. I stayed long and I made no secret of that. You can still buy BAC, here. No harm no foul. I may be a few thousand richer in the morning but it isn't going to be enough to get me elected Pope.