MWM
Thank you! for that reference on BAC...
I like the way CNBC can find somebody to say just about anything, have you noticed.. You know Opinions...are like A***holes..everyone has one..
I have a problem with BAC .. and other Banks..
So If we have a Block A Chocolate,(BAC) and If one divides it in quarters ..then sells off three quarters of the whole block to others... what do I have left?? diluted,,diluted value,, don't I ??, and they have melted chocolate too.. and .... I have only a quarter of melted chocolate left... don't I?? How in the Hell can it be worth more than the block I started with? Maybe that's The NEW math?? Maybe I'm confused. what the heck is the PE now anyway??