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Goldman did not miss...it is up over 6% today. I don't really have a feeling on BAC either way but I bought some Jan 13 LEAPS when the stock was around 5.50 so I'm just going to ride it out.
I received a call from BAC last night and they said they didnt want to sell me anything. I just laughed and hung up. My mortgage is with BAC and if you ever have an error concerning your bill it is basically not possible to get it changed-they will try and be nice about it, but it just doesnt change when the next statement comes around.
I would be concerned about an industry that is scrapping by and has the laser hot focus of the general public on it with such intensity. The yahoo forum page for BAC is full of political nonsense and firey hatred for BAC.
BAC Earnings
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What are everyone's thoughts on earnings tomorrow? Seeing a pretty good run up so far today.
JPM missed, GS missed...why would BofA beat when they're more heavily mired in the mortgage debacle?
My suggestion, if you really have to buy a financial, buy a strong regional.
My suggestion, if you really have to buy a financial, buy a strong regional.
a miss does not mean anything about the post-earnings reaction. GS is up around 6% today. If you want to speculate, the expected move is around 50 cents. Which way?
Goldman did not miss...it is up over 6% today. I don't really have a feeling on BAC either way but I bought some Jan 13 LEAPS when the stock was around 5.50 so I'm just going to ride it out.
Rob, correct, my mistake for saying they "missed", but profits are still dropping for the TBTF's.
"Goldman Profit Falls, But Tops Reduced Estimates"
OF has a potential short term idea, but I just can't see getting long anything in this sector with the storm of angry public sentiment and fundamental headwinds in their face.
"Goldman Profit Falls, But Tops Reduced Estimates"
OF has a potential short term idea, but I just can't see getting long anything in this sector with the storm of angry public sentiment and fundamental headwinds in their face.
I received a call from BAC last night and they said they didnt want to sell me anything. I just laughed and hung up. My mortgage is with BAC and if you ever have an error concerning your bill it is basically not possible to get it changed-they will try and be nice about it, but it just doesnt change when the next statement comes around.
I closed my business account with BAC over 6 years ago over the ridiculous onslaught of junk mail they were sending.
The last straw was a letter with a red strip reading "URGENT: REGARDING YOUR CREDIT REPORT", after frantically opening it, worried my ID had been stolen, it turned out to be a "special offer" for some form of insurance.
Something that small might seem trivial, but to me it meant I had to keep my eye's on my bank because they were overzealous.
Turns out my instincts were right.
The last straw was a letter with a red strip reading "URGENT: REGARDING YOUR CREDIT REPORT", after frantically opening it, worried my ID had been stolen, it turned out to be a "special offer" for some form of insurance.
Something that small might seem trivial, but to me it meant I had to keep my eye's on my bank because they were overzealous.
Turns out my instincts were right.
I would be concerned about an industry that is scrapping by and has the laser hot focus of the general public on it with such intensity. The yahoo forum page for BAC is full of political nonsense and firey hatred for BAC.
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