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Bank of America Corporation Message Board

  • dsi_dsi19 dsi_dsi19 Jan 13, 2009 10:13 AM Flag

    Dooms Day Scenario for Bank of America

    - Their cash flow problems continue to get worse
    - They are unable to remain profitable and earnings fall sharply
    - The stock price falls to historic lows of $3-$4 range
    - BAC announces massive layoffs 60000 - 100000 thousand
    - Cofidence level drops
    - Possible talks of bankruptcy .....
    - ....... .... ... .. .

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    • My take is you watch to much GLOOMBERG!

    • In a few days we will hear that the selling is overdone and we will be back to $14. Then everyone will sell and back down we go. Back and forth, back and forth...

    • what's your take

      • 3 Replies to dsi_dsi19
      • nah...not dooms day. More like Arnold Schwarzzenager (however you spell it) "Total Recall" --- where the banks are the guys on Mars, and Obama's Arnie trying to get the air freed back up - since it's being held hostage by that bad guy. And the Banks are all those weirdos in crazy town on mars and they're saying to arnie "We're running out of air. He's cut the air. Man, we're running outta air." And arnie (O-man) gets that tank cranky earth digger thing, and all the fights, and people with freaky body parts and etc. until he hits that alien 3-finger button thing - then SSSSSSSSSSSSSSSSSSSSSSSSSSS that sound, things cracking, the sky turning from blood red to a crystal clear blue and clean, cool air swooping down over all the planet. And they all live happily ever after. Yep, revisit Total Recall. It's what's happening now and it's all gonna work out. ......heh, you asked and I'm kind of a more conceptual (versus charts and data) type investor. If you need conceptual insight on any other stock, ...I'm around. hee hee - and I'm much cheaper than Bernie! hee hee hee

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