I suppose you sir think the best strategy would be to bring back slavery.....um um to lower down the costs..
are you freaking kidding me sir
@81 there is no point to life.....no sex, no girls, deek wont get up, even if deek gets up noone wants an old wrinkled noodle deek...sorry old fella, you should keep holding BAC because it may be the only thing going up for you.
I know, the headline are sensational..all bark and no bite. 3 years ago I would have panicked and sold, but now i know we have people in the newsrooms just waiting to write an Emmy winning headline. Jim Cramer will strip naked just make a wrong point
a Porsche is a Porsche even if driven by a fool. the underlying assets are still fine, I would be buying with both ears if I were a bat.
my point is ..this is a mismanagement issue more than anything. management can be changed or improved. if government improves efficiency we can easily trade at 20 dollars plus easily.clearly we are getting a lot of attention from this latest move. a company with world class resources that is run by the government has its advantages number one being there will always be a tax payer bailout if things turn sour, number two assets will always have a buyer.
dont give your hard earned dollars to goldman banksters....
this one is a no brainer. The government needs to raise prices by 20 percent or the company goes out of business. The government can also sell its shares and get out of the oil business. this stuff is easily fixable and I would be buying with both feet if I were an orangutan
none of the stocks you mentioned have been good investments for long term holders who bought 2007 and before. technically AIG is selling at below 3 bucks when at the pick it was 60 plus....BAC used to be a 40 dollar stock....take away the stock reversals and long term holders are still stuck
rates will still be lower than they have been historically........and the last i checked banks were fine at that time too. my worry with BAC is the never ending litigation and as long as holder and obama are still in office billions in fines will continue to flow. its all politics thats why the regional banks with a voting customer base have not been accused of any wrong doing.right now I am just watching and will sell if a pullback seems inevitable.
means lower prices for oil.....same scenario with gold
its the most obvious stuff.positive UK economy, dividend increase,cheapest bank, global economy improving. we should be selling at 30 bucks.
next stop 21 bucks