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post #1 of 10 (permalink) Old 05-07-2009, 04:22 PM Thread Starter
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Your Predictions

The Stress results are out; where do you see BAC and C's prices tomorrow? You can add other financial institutions to your list.
This is going to be very interesting.
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post #2 of 10 (permalink) Old 05-07-2009, 04:25 PM
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hopefully down.. they are way overvalued still.



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post #3 of 10 (permalink) Old 05-07-2009, 04:27 PM Thread Starter
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Dude, don't scare me, I am loaded with these two
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post #4 of 10 (permalink) Old 05-07-2009, 04:48 PM
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you know, this 'pass' is just a guess.



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post #5 of 10 (permalink) Old 05-07-2009, 07:42 PM
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Well, I sold BAC today, letting tomorrow set out. I bought back in March and have just let it spin. Once it reacts and settles I will play again. I am letting AIG ride. JPM is holding its own but not providing the 400-800% that the other two have

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post #6 of 10 (permalink) Old 05-07-2009, 07:51 PM
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Working a deal on 5 acres in a suburb in Dallas. Strip mall, hospital, and the ubiquitous mini storage very close. One disposable but decent metal structure on property (great for car storage). Distress sale supposedly so let the market re-crash I say.
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post #7 of 10 (permalink) Old 05-07-2009, 08:13 PM
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The stress tests were meant to restore belief that the banks were OK, so that people would put money back in and actually make them OK. Both down 2.5% tomorrow, then up 7% over the next 5 months, then tankeroo. Buy BB&T.
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post #8 of 10 (permalink) Old 05-07-2009, 08:47 PM
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Quote:
Originally Posted by gerkebi View Post
The stress tests were meant to restore belief that the banks were OK, so that people would put money back in and actually make them OK. Both down 2.5% tomorrow, then up 7% over the next 5 months, then tankeroo. Buy BB&T.
BB&T is good. They seem very stable right now.

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post #9 of 10 (permalink) Old 05-08-2009, 04:03 PM Thread Starter
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Steak dinner tonight!
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post #10 of 10 (permalink) Old 05-08-2009, 05:44 PM
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did you run over an opossum?



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