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Countrywide Capital V (New) 7.0 Message Board

  • humvee5000 humvee5000 Mar 10, 2009 4:40 PM Flag

    Good day today - will it follow through?

     

    Makes sense that if mark to market gets modified - and heard Franks comments today - looks like it is going to happen - we should easily be in the teens. With BAC earning 100 billion this year - more then enough to cover losses and tarp.

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    • humvee5000!

      Stop it with all this positive attitude! I'd really, really like more opportunities to pick up shares closer to my starting price of $5.50!

      If your positive attitude becomes contagious, the price will go up and the yields on my future purchases will go down! Heck, if you drive the price back to $20, I might be tempted to sell them!

      - Joel

      • 2 Replies to joel_corley
      • just a trader's market today. Unemployment rate at 9% = 18% in real world. Unemployment is my 'leading indicator' with 'car sales' as following indicator. Low bank deposit interest in another indicator. Here's an interesting incident: Sterling Bank in WA State claimed, to my brother, to have the option of ending a large 7 month CD at the end of 6 months. They gave him some 'mombo jombo' talk which he rejected and the bank manager shredded his CD receipt document. Brother told the branch manager about his CD receipt copies and said "see you in court" and threatened to call for a police officer to record the incident. Sterling Bank also offers higher interest, online, to out of state deposits, not available to local residents, so the story goes. Sterling must be ready to go under....lol

 
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