Please go away. You can change your ID but you can´t change the fact that you are a fool with nothing to add. Ignore, for the 3rd time.
The units were over $60 in ´07. How is $48 "top dollar"?
$48 is called DILUTION. and management is called greedy morons who know how to raise money but don´t know how to earn money.
1. US corporate profits are at record levels across many industries, crooked bank accounting not withstanding. That is just a fact. To be sure, accounting is a somewhat subjective practice. If you have a problem with accounting talk to FASB. fasb dot org
2. JPM is a hedge-fund, and Jamie Dimon is a crooked bankster taking outlandish and unknown risk with public funds. I think we agree.
3. I think we agree that the Cyprus confiscation is probably the dumbest policy response since the very begining of the financial crisis. Nothing undermines confidence in a banking system as much as deposits at risk. But most of the other stuff has worked fairly well, so far. Of course you are entitled to disagree, but most of the facts do support that view. I am not sure what to make of logic that says: Actions A, B and C have been herlpful, but Action D has not, therefore the entire effort is a dangerous waste...
This board, which once was a refuge from stupidity, a good place to seek considered opinon about investments and the macro-economy, has been taken over by Yahoos selling research, opinon, and tom-foolery. The smartest guy on the board went from a fact based analyst to someone with a grudge holding to a wrong opinon for 4 years while waiting desperately for the redeeming event which will let him say "I told you so". And then there´s the douche-baguette, the stalker in denial of his need for medication, the one who gambles with his inherited money while bragging about his bank account and relationships with big-league banksters... but he doesn´t even know the difference between an income statement and a balance sheet. LMFAO! Life is too short.
Still obsessed with me? You want to "deal" with me? Can´t you think about anything else? Even my wife thinks you are gay, how else explain the obsession?
P.S. If the sky fell today, I didn´t notice it.
Musk was kind of cocky calling everyone who questioned the rebounding economy as Chicken Little. COCKY? I CALL THAT RIGHT AND ACCURATE, A CONCLUSION SUPPORTED BY THE FACT REGARDING THE ECONOMIC REBOUND. THE CHICKEN LITTLES HAVE BEEN WRONG FOR 4 LONG YEARS. IF THE CYCLE TURNS THEY MAY BECOME RIGHT, BUT THEY STILL WILL HAVE BEEN WRONG.
When I mentioned Europe failing, he scoffed and said "when is it going to happen?", when is Europe and the European banks going to fail? He made it sound as if it never would. I NEVER SAID IT WOULD NEVER HAPPEN. MY POINT IS AND WAS THAT ALL THE NEGATIVITY IN THE WORD - ESPECIALLY IN THE FACE OF POSITIVE DATA - IS USELESS FOR PREDICTIVE PURPOSES. WAS THIS LATEST POLICY ACTION PREDICTABLE? MAYBE, BUT NOT WITH ANY GREAT DEGREE OF PROBABILITY.
Like the band, especially the guitarist. Like the song The Ghost Rider... on youtube. Gypsy-billy! CU at DECK.
Jaq... I am no longer posting on PBR. No value left there, tired of being stalked. Do you do facebook?