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you just did. and 40 billion is nothing when you have 140 billion in the reserves.
hey laughing boy, im talking to ya...who does BAC owe money to? They have 140 billion in the bank. They owe no TARP money. Who do they owe money to? You? They paid 10 billion for CW. They have 14 times that amount in Capital. Also they have that much or more in the investment funds. Your all diluted.
You got it all wrong. Who does BAC owe $ that they need capital?
CEO, do a share buy back.
Anyone know when they are coming out with re-audited books? If ever?
Let the healing begin. This stock might make a good story to tell the kids about.
Ireland is the smartest one out of the whole group of retards. Thats why I am letting them have my money to work on long term. Out of all the countries in the PIGS status, none are trust worthy except Ireland. Its people are hard working and have a strong sense of keeping thier word. Greece, and the other sun loving countries just want another round of booze purchased and have no plan to pay back thier loans. Look at the riots. Not one stone thrown in Ireland. Who would invest in those second world governments. They have no control. Anyhow, Im standing with those like-minded across the pond.
Anyone from Wisconsin? Like to get some "boots on the ground" information about how the economy is doing up there.
most of my holdings are in IRE...cant say that has worked out real well. Hoping since Wilbur Ross is now an owner, it will move up. I also bought some GRAN on the merger with FNBN. Currently, GRAN is about 50% undervalued with the merger price. Just my humble opinion. Maybe some are putting a risk premium on the merger not happening or not being approved.
No not for the whole company, just the Countrywide division.
took position today 1.97
your thinking is irrational.
Countrywide spinoff and file chapter 11...thats what i would do if i was the CEO. I bet the FED has a gun to Brians head. I would tell them to get screwed. When asked this question he said "no comment"
I like the gains...took positions in BAC and LYG today. just fyi...still holding abcw long......
Honestly, Looks grim for the near term. Need a partner, capital buyout, merger, or a RS. I am betting someone wants to have a big piece of WI banking system. Cheap way to do it is to buy out shares and bonds of bagholders. IE ticker GRAN and FNBN Just my opinion.
Ive been in and out of this stock a few times...bought around .68 sold at over a buck. I like these smaller banks, I think alot of people prefer a small bank. Wisconsin is the perfect market for this type of bank. I may go long from here.
I added some today...At these levels it feels like a small gamble to the downside...large upside.
I sent ABCW's info to Carlyle Group. Capitalizing them would be chump change.
Looks like me and budda are the only ones that care.
go for it and add me as a co-mod.....
Im Back!!! Math looks good for the merger for GRAN longs. Thank you Carlyle group.
WTF, 1.1 million dollar profit...no movement. Someone is asleep at the wheel.
bought back in Friday...lol...good call.
I "anticipate" winning the lottery tonight.
Thanks No Dummy.
Super, been DDing it tonite. Looks like they got alot going on. Plus, im a sucker for scary movies....lol
everywhere I go i am seeing this ticker....is it blowing up. Lots of interest.
Im so happy, I could cry.
Thats chump change. They were talking a 1T yen...thats a win.
Im in TKECF. Mostly a unnoticed stock. I expect no divy until next year then its biz as usual...weeeeeeeee
If this was an EKG...what would be the most humane thing to do?
http://stockcharts.com/h-sc/ui?s=EXPH&p=D&yr=0&mn=3&dy=0&id=p77189215271
Earnings were not great. However they were in line with other "peers" in the same group. Gonna take some time to work through some of the nonperforming assets. The good news is that the FED has stated they do not want to be paid back. They want ABCW to keep the capital and work on capital reserves. Currently, I own ABCW, SBCF and GRAN. All small banks that have been overlooked.
Thanks, its a pleasure talking to Ceo's that have a vision for the future.
Thats BS...I was on the show...it was live.
Ceo said website coming.....
Im around, I got in early. I guess now that it has doubled others will come. Welcome aboard.
Makes me think someone wants this thing over a buck badddddddddddd.
First post......I win.
save some for me.