Yep. Many of my comments were simply to annoy the overly zelous longs. But I don't wish anybody losses. Now that I'm out good luck to the longs and the shorts.
Im one of the worst short sellers yoiu've ever seen and yet I walk away with 4500. I'm one of the worst short traders you have ever seen and yet I have the absolute discipline to stick with my stop loss which is why most traders lose money I am one of the worst short traders you have ever seen because of the "clues" I left you. What "clues exactly are you referring to. The clue that I made a lot of money on the trade? That "clue". You're an idiot.
MDB4403 Author- Daytrader's Guide to Successful Trading. -
Well Got stopped out at 16.05. 4500 profit. Looks like technically this is poised to go higher in the short term. Good luck to the longs with this. Im out until I see another short opportunity with this which I'm sure will come soon.!!!
Ive never said longs can't make money trading the stock. At 4 I would never have said to short it. The problem of course is that the longs thing shorts are uniform idiots regardless of when they short the stock. BAC could be trading at 100X earnings and if a short gets on here and says its overvalued idiots on the board would call them fools and liars.
lol. Yes Mr. BAC. Ive been proven a liar and completely humiliated. Yet here I stand with my short position fropm 16.50 still in the money and still very confident that this is going down further. And here every short idiot who has been short since the beginning of the year stands with a nice 15% profit. And here every short idiot who has been short for the last five years stands with a nice profit
Yes we are all idiots and liars and stand humiliated. It's odd how the people who are the smart and noble ones, -you know those who have invested LONG in the last five years- are the ones who have lost money. But they are smart and noble much smarter and noble than the idiot shorts
You are being generous. It will go down. 60 at the first hint of bad news and we all know bad news follows BAC around like smell on poop.
Here is the agenda:
Vote to approve pay raise for moynihan
Vote to approve increase in directors fees
Vote to prevent any discussion on how pathetic BAC stock has performed.
Vote to approve retreat for BAC s executives
Vote to approve more benefits for BACs officers and directors
Vote to give more free options to BAC directors and officers
Vote to disallow shareholders to ask questions as to why the stock has so underperformed the market and its peers.
an well if I was a betting man which is what we basically do I would go with the trend. And the trend for the last 5 years is down. The trend for the last four months is down. The trend for the last three months is down. The trend for the last two months is down the trend for the last month is down. The trend for the last 4 weeks is down. The trend for the last three weeks is down. The trend for the last two weeks is down. The trend for the last week us down. The trend for the last few days is down.
Wait I can't see a pattern. Maybe I'll go long.
I'm no fan of Moynihan. But he has done an admirable job of navigating many of the litigation perils the bank has faced. Of course you can argue whether the settlements were justified or too excessive but he did get them done. I think there is still much litigation potential ahead. This bodes in favor of him staying.. On the other hand he does not seem to have a business perspective. He has no plan to grow the business only to shrink it to make it safer. Operationally it's getting killed buy it's competition. That is now reflected in it's share price.
Shareholder meeting coming up. No doubt Moynihan will be given a big raise. All the board will approve their big directors fees and when shareholders ask why the stock is doing so horribly compared to other banks Moynihan will storm off the stage and yell at the shareholders for not knowing anything. Kind of like last meeting.
Wow. BAC stock down today. Looks like it is even more of a bargain today then yesterday. No longs? And tomorrow it will be even a better "bargain' than today. And In a week it will be even a better bargains than this week. And when it goes back to 5 it will be the biggest bargains of all. No doubt.
Can someone let me know. It's so hard to discern how this stock moves. Personally I would be shocked if its down as strong a stock and company as this is. In fact, any day its down Im surprised. Of course this seems to mean I'm surprised just about every day
Oh look BAC is down WHO in the world would have guessed that. What is that now down 60 straight trading d days or something close but any day people will recognize how undervalued this is and its straight to 50 its funny I can leave my computer with an open short trade and have absolutely no worry or anxiety that I will get stopped out. Don't find too many dog stocks like that other than BAC