User 227846

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    • Tue Jul 29th 16:17 PM | Rating: 0 0
      Commented on:
      The Long Case for Bank of America
      Bac is a strong company, it has a great franchise, strong market position, the advantage of large scale effects, and a mature (not changing every year ) management which is savvy, aggresive and does exploit opporunities, this company has very successfully used and well executed buying opportunities, it will do very well in the long run, it has made great Investments in Banco Serfin(Santander)Mexic... when SAN was on the ropes( see 2002), Banco ITAU the undisputed leader in Brazil /Lat AM and China Construction Bank, C Wide looks risky with the housing crisis,but after unwisely spending S 2 bn in August of 2007 on C Wide, lawsuits by state DAs ( pathetic - just for vote getting= they do hurt their own voters who are employees of BofA and customers)
      a comment on short selling, do not be fooled by WS and hedge funds, academics and some papers including the FT that this is a wonderful practice for market liquidity and to show the true values of companies, it is just is a ST action of parasites to make some people very rich at the expense of many, just plain greed to make a fast buck
      RS London, UK
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    • Mon Jul 28th 18:12 PM | Rating: 0 0
      Commented on:
      Target is Roadkill - Cramer's Stop Trading (7/28/08)
      today's market slump based on IMF comments about the continued US housing crisis, what is the value added of such comments ?, see Bloomberg
      the IMF since 1998 has had no value added , so we are paying for a bunch of highly paid ( tax -free ) bureaucrats, if they had any value they would not issue comments for the USD 1 trillion housing losses in their divine estimate, but rather it is a lot more challenging intellectually to offer solutions than to write about the past,
      what is the value of the IMF for the USA= zero !
      in a normal company , it is a lot more difficult to create revenues than to cut costs which is finite and easy
      View article »
    • Tue Jul 22nd 13:23 PM | Rating: 0 0
      Commented on:
      Three Stocks To Be Held To Infinity and Beyond
      Do not forget that on JUly 21, 2007 the BAC stoke would have been $ 61.00 , since then US banks got hammered starting in Sept 2007. The basic argument for the three candidates has some merit.To make a bet on long term value, the company share in question needs some basic elements: 1) a real business base 2) relenvant market share 3) the advantage of scale 4) a good product or services franchise and a 5) a deep bench of experienced management - all of which is the case for BAC, GE and JJ
      RALPH SCHAUSS, London,UK
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    • Fri Jul 18th 16:30 PM | Rating: 0 0
      Commented on:
      Earnings Preview: Bank of America
      RALPH SCHAUSS, LONDON
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    • Fri Jul 18th 16:29 PM | Rating: 0 0
      Commented on:
      Earnings Preview: Bank of America
      Moving C Wide's debt to a sub is a smart move, may be , at least not dumb. C wide would have gone bust without the BAC recovery. Thus , there is no reason to be a philantrophic organisation and I hope Ken Lewis has played hard ball before picking up a moribund organisation.
      Citi to comment on BAC is kind of arrrogant if there analysts were that smart they should have told their executive management not to lose USD 30 billion or more with funds from the Mid East plugging the gaping holes
      It is also kind of pathetic( "the mustard gets up my nose") for every DA's in State governments like Ca and Flroda to sue C-Wide which is like suing a corpse and feast on if BAC had not recued a carcass and the havoc it would have reaped on the US domestic Fin ancial System
      there was not a hidden gold mine in C -W£ide but rather a Chapter VII
      View article »
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