Originally posted by: silverpig
I got some RMBS in my marketocracy account. It's been poo to me.
I got some DSTI... up 40% 😛
Originally posted by: Ballatician
What the heck is going on with INTC? I thought it was in a better position than this...new target is $11.50 by some analysts.
Originally posted by: Naustica
Bank of America is looking real scary down here. So I bought some at $5.78. If it breaks under $5, I'm probably going to boot it.
Originally posted by: IHateMyJob2004
Originally posted by: Naustica
Bank of America is looking real scary down here. So I bought some at $5.78. If it breaks under $5, I'm probably going to boot it.
I bought it years ago, sold half at $20 and now wish I sold it all at $20.
I can not find the terms of the new preferred stock anywhere though. Kinda important, you know.
Originally posted by: Cattlegod
I bought 4K worth of JPM when it was at bout 42. Now it is sitting just under 20 ;/
anyone know why the bank stocks are bombing today? Is it just because that POS euro bank lost 40 billion and everyone is freaking and thinking that because of that, things are worse than they though?
Originally posted by: zimu
rmbs even more in sh**. msft dropping. aig dropping. ing down.
yet another painful day!
Originally posted by: Kntx
Originally posted by: Cattlegod
I bought 4K worth of JPM when it was at bout 42. Now it is sitting just under 20 ;/
anyone know why the bank stocks are bombing today? Is it just because that POS euro bank lost 40 billion and everyone is freaking and thinking that because of that, things are worse than they though?
Fears of nationalization. Look at the price of every bailed out company. Guess where the banks are going.
This fear is unchanged from friday unless I missed something.
Originally posted by: IHateMyJob2004
Originally posted by: Naustica
Bank of America is looking real scary down here. So I bought some at $5.78. If it breaks under $5, I'm probably going to boot it.
I bought it years ago, sold half at $20 and now wish I sold it all at $20.
I can not find the terms of the new preferred stock anywhere though. Kinda important, you know.
Originally posted by: Lothar
Originally posted by: IHateMyJob2004
Originally posted by: Naustica
Bank of America is looking real scary down here. So I bought some at $5.78. If it breaks under $5, I'm probably going to boot it.
I bought it years ago, sold half at $20 and now wish I sold it all at $20.
I can not find the terms of the new preferred stock anywhere though. Kinda important, you know.
I've been looking for that the past 3 days. I couln't find the terms anywhere either.
Originally posted by: IHateMyJob2004
The markets will price in a recovery in the economy before the recovery happens. I'm betting that by the end of 2009 we will have a recovery in the stock market.
Originally posted by: IHateMyJob2004
Originally posted by: Lothar
Originally posted by: IHateMyJob2004
Originally posted by: Naustica
Bank of America is looking real scary down here. So I bought some at $5.78. If it breaks under $5, I'm probably going to boot it.
I bought it years ago, sold half at $20 and now wish I sold it all at $20.
I can not find the terms of the new preferred stock anywhere though. Kinda important, you know.
I've been looking for that the past 3 days. I couln't find the terms anywhere either.
BAC Press Release and Preferred Stock Terms
Enjoy:
Press release:
http://www.ustreas.gov/press/releases/hp1356.htm
Terms:
http://www.ustreas.gov/press/r...20term%20sheet%202.pdf
In short, I think the markets are worried about more dilution of BAC stock beyond the recent injection.
Originally posted by: Lothar
Originally posted by: IHateMyJob2004
Originally posted by: Lothar
Originally posted by: IHateMyJob2004
Originally posted by: Naustica
Bank of America is looking real scary down here. So I bought some at $5.78. If it breaks under $5, I'm probably going to boot it.
I bought it years ago, sold half at $20 and now wish I sold it all at $20.
I can not find the terms of the new preferred stock anywhere though. Kinda important, you know.
I've been looking for that the past 3 days. I couln't find the terms anywhere either.
BAC Press Release and Preferred Stock Terms
Enjoy:
Press release:
http://www.ustreas.gov/press/releases/hp1356.htm
Terms:
http://www.ustreas.gov/press/r...20term%20sheet%202.pdf
In short, I think the markets are worried about more dilution of BAC stock beyond the recent injection.
Essentially the same exact terms that C agreed to in November...Cut and paste.
An 8% interest seems expensive to me IMO.