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Basic Energy Services, Inc. Message Board

portfolioman22 1 post  |  Last Activity: Dec 14, 2014 8:08 PM Member since: Jul 24, 2012
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  • Reply to

    citybank

    by jcwitterholt Dec 14, 2014 8:05 PM
    portfolioman22 portfolioman22 Dec 14, 2014 8:08 PM Flag

    grasping at straws again, are we? More likely CitiBank is greedy, just like the other big banks. They make triple profits if they get go long or short using derivatives, compared to normal positions. They want mom and pop of America to backstop them in case things go wrong, but keep the profits if things go right.

    Sentiment: Strong Buy

BAS
7.05-0.25(-3.42%)Dec 26 4:00 PMEST

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