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Overvalued still. Short to oblivion!
Lets see - a $5 Footlong at Subway, or BAC stock ?? Hmmmm.....
Both can be had "toasted."
1 stock of BRK.A or 10 burnt out houses in detroit....
Both the sandwich and the stock wind up as a pile of shit in the end.
somebody better start running warren's bathwater...
Ordinarily I'm fine with my contributions being anonymous, but I feel obligated to take credit for this drop. I sold half my BAC puts at the gap down this moring.
You're welcome, everybody.
"Warren: resume your bath, both literal and metaphorical."
"oh no you di'int"
He need sto take a dirt nap after his bath whilst wearing his diaper.
Several people in my cab over the weekend complaining about access problems w their BOA accounts. I told them why....one said she's moving her money to a local bank, others thinking about it.
No worries. They neither need cash nor care if the share is above 6$ (or soon 5$, 4$, 3$ ... whatever).
National Bank of Greece down 16% to all time lows of 0.666
while gold/silver up.
could only mean one thing.....a bank is going down somehere
greek bk underway
It's only a matter of weeks before most of these banks are selling in the terrible twos: too low to sell more, too high to buy the perpetual call.
It was a clear black night, a clear white moonWarren B was on the streets, trying to consumesome BAC, some preferred stockrollin' in his ride, total oligarchJust hit the Eastside of the Treasuryon a mission trying to find Mr. Timmy G.Now your stocks going down, your need a T A R Pgetting rich off the taxpayer, cash for free
This is the way the world ends
This is the way the world ends
Not with a bang but a whimper.
spiral, Nate Dogg tips his 40 to you, from the afterlife...
It's looking like they can do a stock buy back with every $5 fee on thier own customers! Brilliant!!
Too big to fail, it does not matter
The Five Handle ?
Behold the One Handle: Kodak is up 69% today ! Who says that a $ 1.32 share price can't be bullish ?
Is Bank of America toast?
Or will Buffet have reason to boast?
I guess we'll soon see
So that all stupid fuckers can roast!
Thank you, I did; I caught it at $5.70, @1.45pm EDT. Timeline until Dec. unless stopped out.
GET OUT THE TUB WARREN!!! YOU GOT SOME MORE MEANINGLESS BULLSHIT TO TOUT YOU FUCKING GEEZER.
@11:38 CST - $5.95
11:43 CST - $5.93
Uh-oh. Once we pass 5.90 it's over...
over? i think they might qualify for the pink sheets, and they won't have to worry about those annoying audited financial statements. not that they really mean much anyway.
tons of stops at 5.90.. everyone knew it would flirt with the 6 handle, but < 5.90? that's just unpredictable territory right there...
It's been over for a long time. And am I still correct, under $5.00 mutual funds cannot own a stock? I think that is still correct.
11:44 CST - $5.91
11:55 CST - $5.88
@12:39 CST - Just hit $5.62
I hope that crusty old fucker gets pissed and tries to double down.
I love the fact that the "Sage of Omaha" or whatever the fuck he likes to be called these days by the MSNBC crowd is getting corn-holed on his BAC investment. I would love for Warren to experience a classic Greek tragedy-type scenario.
Look out for that clifffffff...... SPLAT!
Die monster! You don't belong in this world!
five dolla make yoo holla!
Buffett just sharted
Ha...Ha... better close the remaining accounts.
ever wondered what Google CEO has to say about economy?
Where is the demand going to come today if it’s not from some form of government action?
“The federal government can spend as much money as it wants because we borrow in our own currency,”
Economic growth comes from the private sector with government assistance
All of the economists that I know agree that in a situation where there is a strong possibility of a very long- term recession, or at least a structural growth recession, which many people think we’re in, you need to do something now
Any ideas on which economists he's talking about?
Here in the Bay Area, they all drink the same kool-Aid. Dissent is not allowed.
demand will come when overinflate bankster's assets are cheap enough.
Poor and unemployed's net wealth before deflation = $0, after deflation = $0
Rich and never needed a job's net wealth before deflation = $100M, after deflation = $50M
There, wealth gap decreased.
Ha! Suck it Buffet!
Old Mr. Buffett
Sat on a tuffet
Eating his curds and way.
Along came a squid
and stuck it's beak in and told Mr. Buffett to suck it.
If Uncle Warren liked it at seven he will love it at five. Better buy another 5 billions worth on margin.
please do warren. i'd love to double up on my shorts.
Buffett's bet wasn't on price but on whether BAC will be bailed out by the government.
Internal Chart Error.
I am ashamed to admit that QE2 turned me into a weak short. I have been burned so often. My fear is that I am not alone in this weakness, we should not be holding these levels, too much covering, no confidence. In my nightmares I see endless streams of long green candles rising forever upwards.
It used to take a lifetime to rack up the experiences you've had in a handful of years.
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