With Bank Of America On The Verge Of Breaching $5.00, Our Question Of The Day Is...
... how many of the top 50 holders presented below, will be forced to sell once we get a 4 handle? We are certain of one thing, however: Paulson's LP are simply delighted that he added to his loser position in BAC. Delighted.
Source: CapIQ
(12 votes)
»
- Login or register to post comments
- 25201 reads
- Printer-friendly version
- Send to friend
Similar Articles You Might Enjoy:
- Guest Post : Two Decades Of Greed - The Unraveling
- Bank Of Berkshire America: Buffett To Buy $5 Billion In Preferred Stock In Bank Of America
- BAC Breaks 4 Handle, Drags Entire Market Down
- Bank of America Drops To $5.01; Lowest Since March 2009
- Bank of America Is Back Under $8, And Why BAC Shareholders Should Be Selling Into This Strength
Boofat just has to make a call to the long legged mack daddy so he is cool.
Hey Uncle Warren, want to exercise those $7.14 warrants? Bahahahahaaha
By the way, did we ever find out who this was?
BAC = cadaver held up with printed linen.
Good bye BAC!!
Weekend at Benny's?
I am waiting for Bathtubs at Berkshire to hit OnDemand. Not worth seeing it in theaters.
Just a friendly reminder of how classy BAC is.
http://www.youtube.com/watch?v=eWYW0H7-c_w
Uncle Warrant.
Uncle Robo.
And could we forget? http://www.youtube.com/watch?v=40K7p3kZO9c
+1000 That's an excellent youtube link nope-1004
CHECK IT OUT. B of A is spamming internet and bashing PMs and PM advocates. They can suck my big raging silver dick. And guess what, its antimicrobial so it will kill all the germs in their dirty mouth.
I hope it doesn't gap through $5 overnight. I want to see the trading action right around there.
It might be possible to push the market around here or there occasionally, but in the end the market is too big for any one person or entity, even in this day of extreme wealth distributions. All the kings horses and all the kings men might try to hold BAC above this crucial point, but in the end the technical situation suggest BAC might be headed towards a date with BAnkrupCy.
glad I only own 26,925,000 to keep off the list....
Puts you right below Bear Stearns then. Wait, didnt they go bankrupt in 2008?
I live in Charlotte (BAC headquarters) and just told my girlfriend that BAC is going under $5 on its way to zero. She told me she would rather buy 7 snow man mugs that she was looking at online for $5 over a BAC share. Maybe $1 will bring some buying power back in.
IPIC will save BAC.
http://www.bizjournals.com/charlotte/blog/bank_notes/2011/11/ipic-group-offers-to-buy-500-million.html
Failing that, there will be a new directive to stop naked shorting. You know it will happen soon. They can't allow BAC to drop below $5.
...And who the hell is IPIC?
Idiot Pukes In Congress..., I guess.
Not sure, but you can let them know they are filled at $6.00 - may even be able to buy more there, and may even be able to sharpen the pencil oni their price for them
No clue - I was being sarcastic of course.
Internet Pwners Initiating Confusion
That's just so easy.
Do a 50/1 reverse split and everything is back to normal.
What's wrong?
I would love to have one of those Black Monday $2 Chinese waffle irons. I would toss it in Buffett's bath while he was bathing and thinking of new SCAMS.
F***king evil old Democrat sh**t.
Freddie you rule.
Tough choice green for the delightful imagery or red for thinking Democrats are much different from the other guys. Went for green.
Yeah? See this:
http://www.myspace.com/tom_heneghan_intel/blog
I'd just flush at this point, but it will clog things up horribly if I do so.
Look at Apple. All large blocks dumping it.
Rats leaving retail and pensions in the hard place.
Everything I see going on, including the multiple articles from everywhere hyping QE, tells me the rats are desperate to dump and get the hell out.
Same here, french, english, chinese, russian...all pointing the same direction. Nobody on teh top end believes QE 3 is coming, they are just using MSM to give themselves a chance to get out of the way.
Big assed smoke screen.
What sudden catastrophic failure might look like:
http://www.youtube.com/watch?v=pKOYObwBZLc
I don't know why but that made me laugh really hard, thanks bud
http://finance.yahoo.com/news/why-congress-cant-save-postal-115900172.html
uh oh spas, looks like i win
I don't think you've won quite yet, but I think you soon will.
However, I also think that lots of government funded "services" we take for granted will in the longer term disappear. Examples include the postal service, comprehensive public schooling, and public transportation. Whether that's good or bad is a matter of interpretation.
But yeah - you win.
shall i designate a drop off zone for my prize?
Sure.
Sounds like the Euro Fiasco...every day or two it is another rumor of a bailout to save the Eurozone.
"Sell the rumor...Buy the facts BITCHEZ!!!!"
It would just go into a septic system anyway and boil back up later after everyone pretends it is all gone and everything is ok.
Feb 2012 put options bought months ago for $5 handle....BAC is SOL
Five
Five doller
Five dollar big baannnnkkk
I think I'll have a sandwich instead.
Even a five dollar footlong is 5.75 with tax.
IN WARREN WE TRUST.
IN WARREN WE TRUST. EVERYONE ELSE IS FAIR GAME TO STEAL FROM.
There... fixed it for ya!
question: has grandpa warren ever invested a billion dollars or more in a company that went belly up?
Nope
And this one wont either. I am sure he was given an illegal promise of a government backstop. It is TBTF.
I AM A BUYER WITH A THREE HANDLE.
How long have you been waiting to use this?! Lol, it's been a long, drawn out death.
Considering the rate of return on the premium it hasn't been that long, and so one can afford to wait.
He's BIG BANK HANK he'e everywhere!
Luckily, McD's still has a dollar menu, don't they? You might some change with your cheeseburger and fries.
Dude - up here in Canada a small fries at Wendys (off the value menu) is up at $1.89. A brother like me (see my avatar) can't survive at prices like that.
With my Feb BAC puts and FAZ accumulation --- it, it IS beginning to look a lot like Christmas!
(music swells)
It's beginning to look a lot like CDSmiss
Ev'rywhere you go;
Take a look at the news at Ten, their saying once again,
"The Euros a mess and banks are falling low."
It's beginning to look a lot like CDSmiss,
The Fed has fun in store,
But the prettiest sights to see are the PUTs on your options tree
When B-A-C hits the floor.
A bag full ammo and loot and pistols in their boots
Is the wish of Zero Hedge's darling men;
Bunds that go kerplop and serious market shock
Is not the hope of Henery and Ben;
While Harlequin and Redpill yell "let it spin!"
It's beginning to look a lot like CDSmiss
Ev'rywhere you go;
There's FAZ growing on the swell, looking to turn into gold as well,
The physical kind that cares not what the markets sows.
It's beginning to look a lot like CDSmiss;
Soon the bells will start,
And the thing that will make them ring is the arrow and the sting
Piercing through Goldman's heart.
Blackrock is on everyone of these stocks that fall
This is a stupid comment. the worlds largest asset manager (closet indexer) is going to be on every list until it all ends. I bet you'd be surprised to see BAC in XLF.
if you could read between the lines, it implies something
Considering "asset" purchases by the Fed to circle jerk back into Treasuries, I think it would imply Treasuries are FUCKED too?
I disagree with the premise that bad stocks in BLK funds means the company is screwed. Just those that invest in their funds.
Bank Of Deceit. Bank of Shame. DIE BAC!
Hey, $5 is above $3. This stock has almost doubled since 2009! /sarc off
Uncle Warren will soon need smelling salts to keep him from drowning while he soaks in his bath salts.
I'm sure Becky Squick is right there to ass-ist him.
Okay for weeks there have been references to Warren in the Bath. Can someone provide a link to what you guys are refferring too? I must have missed the story.
really sparky
warren bath tub is what google is all about .
try it .. lets your fingers do the walking ..
This is a good point of topic. He was speaking Illuminatti for,
Here's your HOTLINK to that...
http://justfuckinggoogleit.com/
Alan Greenspan also wrote his memoirs while soaking in the bath. It is a tradition of the illuminant to immerse themselves in a pool of their own filth while they plot to shit on the world
Uncle Warren has nothing to worry about. His investment is firmly backed by me, others like me, and our children and grandchildren...ie. the US taxpayer.
So I guess that makes me an unwitting contributer to the EUGENICS movement... I should be ashamed of myself (assuming my tax bill is fully paid & up to date)...
when BAC goes to $2 there will be some baby ruth bars floating in the tub...
My question is not concerning who would have to sell....but who would there be to sell to?
...do you want to buy my December puts? LOL - all the way to the bank - thanks ZH.
well, as long as it is not BAC you are LOLing all the way to....
going
d
o
w
n
$2.53 here we come!
Reverse split, bitchez
Every time BAC gets down near $5 it magically comes back to life. Somebody must like it at the FED.
'They' will not go quietly, nor without a fight.
IPIC - anyone know anything about these guys:
http://www.bizjournals.com/charlotte/blog/bank_notes/2011/11/ipic-group-offers-to-buy-500-million.html
You know they can't allow it to drop below $5. Can you imagine the trouble if it does? Too many big names own BAC. Too many well-connected names.
Who is going to pay on all of their CDS´s???? Maybe they can borrow some of the USA cash from AIG....
Nobody's going to have to pay out on the swaps, since any default will be declared "voluntary," and therefore won't be a triggering event.
Financial institutions owning stock in other financial institutions. Just one big circle-jerk.
Is that like a Sandusky football drill?
Awwww yeahhhhhh Muddy Waters on CNBC!
Bank on the Bleeder (back in the day, the ditty was "Bank on the Leader")
Too bad they bought the bullshop. Needed a bear.
All the king's horses and all the king's men, couldn't put humpty dumpty back together again.
Bear Stearns owns 27mm shares?? (last on list)
They might have to file for bankruptcy over this one.
add those to JPM's pile.
Yeah I was laughing at that one.
Same here-- Can you f*&)^g believe it.
Bear sterns owns the biggest tbtf bank stock......
and to happen when the spy's are green for the majority of the day. wow
Answer: none.
Why? Because when limits and rules are breached, they just ignore them or make new ones.