Bank of America Corporation Message Board

goofy_investor 35 posts  |  Last Activity: Jun 12, 2013 12:43 PM Member since: May 7, 2003
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  • Reply to

    goofy? how is your big short position is doing?

    by biobuck Jun 11, 2013 6:45 PM
    goofy_investor goofy_investor Jun 12, 2013 12:43 PM Flag

    Well, you are dealing with a pro and this is something that continues. Just a few trades for today.

    06/12/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -5,000.000 Price: $9.46 Amount: $47,294.16
    Comm: $4.95
    Fees: $0.89
    Settlement Date: 06/17/2013

    06/12/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -2,000.000 Price: $9.48 Amount: $18,954.72
    Comm: $4.95
    Fees: $0.33
    Settlement Date: 06/17/2013

    06/12/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -2,000.000 Price: $9.48 Amount: $18,954.71
    Comm: $4.95
    Fees: $0.34
    Settlement Date: 06/17/2013

    06/12/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -2,000.000 Price: $9.47 Amount: $18,934.72
    Comm: $4.95
    Fees: $0.33
    Settlement Date: 06/17/2013

    06/12/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -2,000.000 Price: $9.46 Amount: $18,914.71
    Comm: $4.95
    Fees: $0.34
    Settlement Date: 06/17/2013

  • It is highly possible.

    Sentiment: Buy

  • Apple will announce new products like iRadio.
    I think CRUS may hit $20 on Monday.

    Sentiment: Strong Buy

  • On the other hand, Obama’s veto decision will not be the last word in this case. Apple can also appeal the ITC’s ruling to the Federal Circuit. While the case is being appealed, Apple may be able to obtain a stay on the ITC injunction for up to 12 months.

  • Shah thinks that softness in shares of wireless chip vendors Avago Technologies (AVGO), Skyworks Solutions (SWKS), and RF Micro Devices (RFMD) on the rumors is an over-reaction, and that actually production appears to be about as planned for the S4:

    The surprise reports have been driving uncertainty in the RF market, with names highly leveraged to Samsung such as SWKS, RFMD, and AVGO displaying the stress. While a slowdown for the Galaxy S4 is concerning and could greatly impact related component players, we feel that a general slowdown was inevitable and previously calculated into build forecasts. Historically, our PA companies tied to Samsung’s flagship device see a ramp a few weeks ahead of a launch and one very strong quarter at the time of the launch and then a pause as channel inventory begins to work down. Our discussions with several industry sources indicate that they have not witnessed any changes to Samsung’s build forecast and that demand has been as expected with the exception of possible slowing orders in Europe [...] Although we do believe sales for the Galaxy S4 will begin to slow as the initial fanfare wears off and news of new products begins to enter the market, our feeling is that the concern around a significant drop off in volumes is overblown. Even if the reports are accurate, it is likely that the reason for the slowdown is due to consumers holding out for the next iPhone or waiting for a lower cost device. If that is the case, sales for SWKS, RFMD and AVGO should be safe, but shifted, as we expect each company to maintain or grow their content in the updated iPhone. The point of concern for the RF names would only be if a slowdown was due to diminished market demand for handsets and we have yet to see any indications of this happening.

  • CRUS sells more.
    Why people make a big deal out of nothing.
    CRUS wants to go to $20 and it will be there soon.

  • Reply to

    If Intrest Rates Go Up...

    by alwayslearning808 Jun 4, 2013 5:11 PM
    goofy_investor goofy_investor Jun 4, 2013 11:48 PM Flag

    There is not such thing as if interest rate... since it will go up sooner or later.

  • goofy_investor by goofy_investor Jun 2, 2013 4:24 PM Flag

    Basically, more taxes are due by Obamacare.
    Interest rate is going up too.
    More competition for BSX since it has many disadvantages compare to MDT, EW, STJ and others with less in R&D.

  • 05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -19,900.000 Price: $9.18 Amount: $182,673.87
    Comm: $4.95
    Fees: $3.18
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -10,000.000 Price: $9.24 Amount: $92,393.44
    Comm: $4.95
    Fees: $1.61
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -10,000.000 Price: $9.21 Amount: $92,093.44
    Comm: $4.95
    Fees: $1.61
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -7,000.000 Price: $9.19 Amount: $64,323.93
    Comm: $4.95
    Fees: $1.12
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -7,000.000 Price: $9.17 Amount: $64,183.93
    Comm: $4.95
    Fees: $1.12
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -7,000.000 Price: $9.17 Amount: $64,183.93
    Comm: $4.95
    Fees: $1.12
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -6,000.000 Price: $9.18 Amount: $55,074.09
    Comm: $4.95
    Fees: $0.96
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -5,000.000 Price: $9.23 Amount: $46,144.24
    Comm: $4.95
    Fees: $0.81
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -5,000.000 Price: $9.23 Amount: $46,144.24
    Comm: $4.95
    Fees: $0.81
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -5,000.000 Price: $9.23 Amount: $46,144.24
    Comm: $4.95
    Fees: $0.81
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE
    BSX BOSTON SCIENTIFIC CORP
    Short Shares: -5,000.000 Price: $9.22 Amount: $46,094.24
    Comm: $4.95
    Fees: $0.81
    Settlement Date: 06/04/2013
    05/30/2013 YOU SOLD SHORT SALE

  • goofy_investor goofy_investor Jun 1, 2013 2:13 PM Flag

    Apparently you are fool and inexperienced if you consider this short term and temporarily run as a holy grail.
    Most stocks get ahead of themselves especially when their management plan to do so.
    That's the term bubble-ish come to Can you come outside?.
    BSX is way ahead of itself and it needs a real correction. The stock is about 100% up in a very short time without any significant change to its funddemantals. As a matter of the fact, its revenue went down year over year and its income is the same or lower. Thus this price is mostly a hype, market bullish and speculators exitment.
    I dont't think if BSX worth anything above $8.

    Sentiment: Sell

  • goofy_investor by goofy_investor May 31, 2013 7:36 PM Flag

    Yes and say good bye to $10 dream.

    Sentiment: Sell

  • Reply to

    time to SHORT BSX ???

    by stockmr May 14, 2013 12:35 PM
    goofy_investor goofy_investor May 31, 2013 7:35 PM Flag

    You cannot find any better stock to short.
    The BSX bottom will drop soon.

  • goofy_investor goofy_investor May 31, 2013 7:34 PM Flag

    Really. Tell me one positive thing about BSX ? Do not tell me that BSX is borrowing money to buyback its inflated share. That is the most stupid thing a penny with no income can do. Now wait until jaints like ABT, MDT, STJ step on BSX like an elephant stepping on an ant and crushing it flat like a picture.
    Poor speculators who are following the #$%$ analysts.
    Wake up and smell the coffee. Market and BSX have startedd a huge correction.
    See at $5 again.

    Sentiment: Sell

  • Reply to

    Why BSX is not at $5

    by goof_goof93 May 30, 2013 11:48 PM
    goofy_investor goofy_investor May 31, 2013 1:15 AM Flag

    Look at BSX tangible and net income. Both negative.
    Tangible book value is over -$5B (goodwill won't help).
    Negative Net income quarter after quarter is another bad sour.

  • Reply to

    S&P has one year target of $8 for BSX

    by salmon_the_man May 30, 2013 6:29 PM
    goofy_investor goofy_investor May 31, 2013 12:55 AM Flag

    If BSX can execute then $7 may be one year target.
    $8 is too generous.
    Well, current price is hype.

  • goofy_investor goofy_investor May 29, 2013 1:12 AM Flag

    Not only it fills the gap, but also it goes much below it.
    In addition, BSX debt is too high compare to its cash anddd income. I don't think BSX can ever lower its debt.
    So, where the growth is coming from? No growth. Please do not listen to Cramer. He has misled many investors.

  • goofy_investor by goofy_investor May 29, 2013 12:26 AM Flag

    Market is up and this is down.
    Market is down and this is down.
    Market is flat and this is down.
    This is down in all cases. So what kind of fund is this?

  • Reply to

    STJ was downgraded to sell this morning

    by med_investor May 28, 2013 10:58 AM
    goofy_investor goofy_investor May 28, 2013 11:39 PM Flag

    Wow, why STJ. The analyst should downgrade BSX since its income and revenue are in free fall.
    I don't believe BSX is above $9. But don't worry, it will go to low $5 and $4 in coming months.

    Sentiment: Sell

  • goofy_investor by goofy_investor May 9, 2013 11:59 AM Flag

    What are you waiting for, BAC is going down

  • goofy_investor by goofy_investor May 9, 2013 11:57 AM Flag

    Exit before you are pushed out.

BAC
13.27Jun 18 4:00 PMEDT