watching stocks make new lows. Both scary propositions lol
February Options sales at 11.95, probably 5million shares alone lol. Yeah, so I guess none of them wanted to hold, because they wanted cash in something that isn't diluted to death, overvalued and highly risky.
no, but a lot of options were dumped at any price, including in the 12's and 13's. and I'm not way off, the stock hit $4.75 three years ago, $2.75 five years ago, $10.99 the other week. There's not many stupid buyers left over $13 or $14 sorry to say. You should've sold. I sold over $13 for a very nice trading profit.
every year he waits to convert, he loses like 4% on a $3-$4 billion profit. If he converted in 2012, he would've had around 16% already off of $4billion free money, worth 4.6billion now.
Yeah right, you have a 900x greater chance of negative rates which will kill 60% of BAC's earnings overnight and force withdrawals than you do a meaningful rate hike considering the dead consumer. Besides BAC's multiple is very high and their dilution is so massive it will never budge for a decade or two. The biggest issue is does Buffett convert and just dump his shares at a 75% instant profit over $11 and then put the money into something yielding interest. I doubt he'll convert and hold just due to common stock risk and the fact that it would be pointless to put his own money tied up for a small div whereas its worth more to him in cash in other things.
BAC revs and earnings have been falling for years. Non-Interest income is so terrible, it's derived from garbage management fees in dying industries. I just sold 4 mutual funds, why pay them 1.6% each to do what I can do through any ETF or stock considering the situation.
p/e is around 12 here. Average bank p/e is 6-7. Overleverage is so severe a fart in the wind could bring them negative equity. Dilution is so severe that 11billion diluted shares will barely go sub 9 billion in TEN YEARS. Div will never rise due to dilution, Buffett's warrants will convert and wipe shareholders out more, revenues and earnings keep declining on a year by year basis, interest rates will never rise yada yada blah blah.
Yeah, trust me, it's most likely investors aren't stupid. Stock should be $9 realistically valued with it's peers and the toxic dilution it holds, including Buffett's conversion and instant 100% gain here at $13.
227 is high. Thats $100 more than historical prices and only about $75 off of its 3-4 year price point of $300. If POT was able to get 227 that would be better by far than the $175-$185 I expect this year if volumes don't drop.
If they stop QE then stocks fall 40-50% in a month. That's not an asset I'd gamble on forever. I always hold stocks but as a long the current market troubling/displeasing.
That must be why Japan Nikkei is still down 60% from the highs and 25% from a year ago.
anyone buying anything 25.6 p/e will lose 40-50% in the long run. You just gotta pray I guess, prayer might work.
i'm smart right
Japan's down what 50%+ from its high's. Maybe the crooked fed should stop being so stupid and toxifying valuations so much. The government should always only insert liquidity in a worst case situation to prevent panic, not support V shaped bubble valuations.
Because Japan is 14 hours ahead of US Central time meaning when Japan's market closed down 150 on Friday, it now is attempting to match the US exchanges on Friday, duh. You never seen overseas "ahead" exchanges match the last trading day in the US before? lol
I actually find it striking that even with irrefutable proof out there, you would tend to give someone that got pardoned for a prosecutor crime the benefit of the doubt on anything. That alone is absurd lol. I know your intelligence is miniscule but the FBI and others prosecuted negligence for far less for dozens of cases without "intent" which is contrary to the gross negligence statute that requires no intent because intent is naturally the opposite of negligence lol. Pardoned!
i don't normally have a problem with liberals or conservatives, most have major faults and major good points and try to balance each other out at times, but there are people like this actually supporting anti-american actions like selling uranium to enemies for bribes or massive pardons after proving unequal justice for all etc. That's pretty low, I don't think there's a lower point.
if you can't read, why make me suffer as a result, go get a tutor, I just typed it all. The Russian company that she approved the uranium rights sale to paid her foundations millions synonymous, and Bill received $500k for a speech the same time. Laws forbid payments from entities you are responsible for authorizing things for, especially to so-called charities that are just one big laundering operations for your personal wealth lol.
People like you really make me want to restrict child birth to permits only after extensive intelligence testing.