Mon, May 20, 2013, 1:43 AM EDT - U.S. Markets open in 7 hrs 47 mins
JP Morgan will go bankrupt within the next years as a result of there derivative exposure together with GS, BAC, Citigroup and other Banks - like Deutsche Bank.
The 4 US-Casino Bank mentioned above has an accumlated risk of more than 200 trillion US$ in their businuess.
So chapter 11 will be inevitable when these imbalance and derivative bubble will burst.
JP Morgan will not be able to deliver any significant amount of silver to its short positions in the market.
So this bank will be chapter 11 candidate within the next months of years.
Sentiment: Strong Sell
Guess you didn't load up when Jamie did at $34. LOSER!
You really shouldn't drink and post, JPM will go alittle past 50 and change, than backdown for a month or so and continue its climb. If you look at patterns over the years once it goes to 50 it goes down. Buk BK not in your lifetime.