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Apple Inc. Message Board

  • pmaly1 pmaly1 Jan 6, 2013 2:23 AM Flag

    Gundlach got luck, he will fade as the bond bubble will burst, he is a blowhard, a cnbc sweetheart, who has been more wrong then right

    If you have the time you can find a lot of stories like this:
    Feb. 14th 2012

    Jeff Gundlach Speaks On The US Economy And The Decline Of The Roman Empire

    "This is a bad time to be deploying money into risk assets," warned Gundlach.

    In the Q&A, he revisited this matter when someone asked about investing in banks, Bank of America in particular. He warned that it's not wise to be in banks. And he reiterated that it was just a reversal of last year's weakness. In fact, if you're a holder of Bank of America shares, Gundlach recommended selling them tomorrow at the market open.

    BAC was at 7.98 on the 14th. Today it up another close to 3% and is at 11.51.

 
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