Come on Jedi,
Many banks have lawsuits as well. I mean, large banks have many customers. I feel you are either a disgruntled past employee who hates Mark Forti, a head of a company who's business went sour at the expense of Fleet, or just a lame guy, or all three.
First Union had some problems of its own.
From Reuters in November:
First Union Securities agreed Thursday to pay more than $408,000 to settle an administrative action by federal securities regulators stemming from violations of Treasury auction rules, the Securities and Exchange Commission said.
Good points roadduck. You certainly do know things about banking.
As for Jedi, do something better with your day than posting stupid comments and misusing quotations from Fleet execs on this board. Facts are facts, but your interpretations of the facts are skewed.
What's your problem Jedi?
As a employee at
Fleet bank's Debt Capital Markets group, I must say you
have Fleet all wrong here. I have laughed at your
stupid comments on this site. Is it a crime for Fleet to
want payment on its loans? Look at First Union and the
loan default rate vs. Fleet.. Did you know that Fleet
(actually Bankboston) pondered about participating in the
loan to Sunbeam? Look what happened.. Sunbeam under
"Chainsaw" Al Dunlap recently defaulted on its loans, and
MSDW and some other banks took the big hit.
Fleet does not try to wreck people's lives. We have
made smart loans and when market conditions forces
Fleet to tighten its credit commitments, then it does
so according. I think you just want Fleet to default
on all its loans.. You think that's fun? BTW, FYI,
video city's EBITDA/Interest, and OCF/TDS ratios were
skyrocketing literally making it a crappy credit. Fleet was
very patient with Video city.
You know, I own redhat, and really want the stock
to surge.. however, seeing it go to 50 or 55
tomorrow doesn't seem like a big possibility.. However,
seeing it go to 35-40 is better, and perhaps after a
couple of days, it'll go to 50 before profit taking sets
in. Yes, the news about Microsoft is good for
Redhat.. and even no news about Microsoft is still good
for Redhat. Linux has made huge advances here at
Cornell and and also at a lot of academic institutions,
and linux's popularity has grown tremdously. So I see
good potential in this software.
small gains in this stock are better than large sudden
gains.. this stock then will be less volatile..
you can agree with me or not.. I don't care.. its
just my opinion and how I see it.. later!
BTW.. hello all.. JBOH is not shortable.. so why try to make money on a short??? at least on Datek you can't short JBOH..
I'd like to believe you but you posted your
message at 1:20.. and for the time between 12 and 2... I
think I don't recall seeing at block of 45000 shares
being bought.. btw... while I'm writing this us here at
Bear Stearns are laughing at your message... (I'm just
an intern.. but I'm learning quite alot looking at
the bs that's being put on these boards!)..
get real... and you can't really spell your name??
I think this stock isn't
going to stay "up" there for much longer. Yes, if you
look at what happened to GERN, this stock should
settle down to at leas $4 or so.. not to say that in the
long run it will go back to twenty, but this news is
great.. but you have to think... years... before it hits
the human market.. and then, maybe it'll hit 20, or
30.. or 40...
I'm trying to be impartial.. cuz
I like reading these boards during my lunch break..
I'm just a junior analyst intern at Bear Stearns
for a semester but here we've been pretty upbeat
about DBCC with a price target of 55.. when we'll reach
it.. who knows.. but it will gain alot because of the
And you're right.. there will be a
lot of volatility when marketwatch comes out, but
after a few days there should be some pretty
I believe that although PLXS's price took a beating today, investors tend to overreact during an announcement such as this.
However, the fundamentals of this stock still say that the price should have not moved down this much, almost 50 percent, which is
definitely unfounded. PLXS is a solid company, although there is risk involved. However, there are always risks involved in any stock.
However, because PLXS serves such a diverse amount of clients, I belive that they are not suffering any setbacks. The price of this
stock thus is well undervalued.
Department of Economics
Ithaca NY, 14853
Hey! Micron is going to get hit tomorrow, and hard! Remember, this week's bloodbath hasn't finished yet. Expect COMS and NKE to be hit hard in the same fashion as Micron.
People who short, you guys can make a lot of $$$ this week, and even next week.
Timing is a key, and btw WHERE DID YOU GUYS GET THE AFER HOURS TRADING INFO??
I'm sorry, but I have to agree with others that you're not talking really intelligently. Flashram has been around for quite a while, it's not like the newest innovation. In fact, the computer I'm typing on right now, a laptop, even has flashram, so I don't know you're hype, but I don't buy stocks on the way down. btw, I'm in business school.. are you an artist?