No worries. You're great great great great great great great grandchildren will finally break even on this stock.
On this. I know you are always right. And you said this would never go below 16. Based on the magical charts you use. So I'm assuming that the intel processor that I have in my computer is flawed since its mysteriously reporting that BAC is trading in the 11s.. Im assuming the floating. Point processor has a flaw. That I need to report to intel.
There you are Mr. BAC Trader. It took me a while to find you. Yep, I heard that exact quote from you at 16, at 15, at 14 at 13 at 12. You were the one with the magical charts which short traders "couldnt understand" that showed BAC would never fall below 16. Do you remember those comments BAC. You know the one's where you called me a complete idiot for thinking BAC would go back to the single digits. A "complete fool" for not understanding how to trade. Hmmm.
why so quiet. Why are you not on this board telling us all how you have been short all along based on your super duper top secret trading charts you use to make all your profitable trades. Come on BACtrader gloat for us now. We miss - err I miss you
bactrader bactrader why can't you come out and play. Oh I know, busy counting all you cash from your successful BAC trades. I admit it you called it. You saw it falling to 12 all along. Smart play., Your comments about this never seeing 13 again were just a facade to throw us mere mortal traders off. All along you had that "secret chart" that told you this was going to 12. That "chart" that said it would never go below 16 was just a fake out. You've done it again. Made us all look incompetent.
People people, you forget, BAC is not like normal companies. The cannot unilaterally decide to raise their dividend. It has to be approved by the Treasury and there is no way i hell they would ever approve a dividend increase any time in the near future. It could be 20 years before BAC is allowed to provide a dividend anywhere close to 1.00 a share
Bove to get on TV and tell everyone for the 10th year straight how BAC is undervalued and you should BUY BUY BUY. If you had listened to this idiot anytime in the last 10 years you would have made exactly ZERO dollars.
Are you still using that Chart that says it will never go below 16. You know the one you called me an idiot for not understanding . You know that chart Bactrader? The one you use to make all your trades and to keep you record intact of going 20 years and never having a losing trade.You know that chart?
it currently sells at a significant premium to its peers in terns of forward PE. Any Crack in its performance was sure to make it tumble. Shirt interest has also been rising so there was some money behind trying to make this tank. I think this is way overdone and when Feb comps come out it will rebound. I have a significant lobg pisition but routinely trade short against that. Basically any time it goes over 96 u short an amoubt close to 1/2 if my position and way for it to tank a dollar or 2. 100 is absolute resistance and there is nothingbin the near term that will cause it to break that barrier. My stop loss on my shorts reside their. I'll just hold it for its great dividend augment that income with my short winnings. Long term 150 within 3 years. Few more stores I internationally and they are golden.
Hey that's my line. Look back months you'll see where I used it before you. It's so good though you can use it.
of course, these types of buybacks need to be approved by the Treasury /FED which will never be allowed. They barely got their meager 4billi0on buy back approved and that was after they orriginally screwed up
How many times are you going to say that when your wrong. "Ah im not wrong, the time has just not yet arrived when the garbage I spew will be correct. Check in 12 months". Well when I kept saying when this was 15-16 to keep shorting away it was going lower you came at me with the "Ahh wait until the end of the year. You'll see I am right. " Well you were not right.
You may be the worst investor trader I know. Don't believe a word this guy says.
Yes thats what is happening FOR SURE. The stock is being "brought down" so the big boys can load up. Exactly
I was called a fool. Everyone said "this will never see the 13's again". Or my alltime favorite, "this will be 20 by year end. You're dreamin shorty". or the other classic "Get off this board punk you don't know what you are talking about". Right BACtrader. Those were the quotes. Where are you now.
Oh I know, still day trading now in your 50th year without ever having a losing trade. Are you still better looking that George Clooney
Sorry gyoung but you are delusional. You can go back in this board for the last 5 years and find the identical content in posts to what you just posted.. "the bank is in great shape way undervalued next stop 20" it's like a broken record with you longs. This
will never see 20 in our lifetime. This is the worst of breed bank. Worst run worst balance sheet most exposure to risk assets. He'll people prefer C over this POS. That's pretty bad.