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Bank of America BOA

AK, cheap money giving a much needed boost. When rates and inflation goes up, may be can get cheaper.

AK_Francis      ( Date: 13-Jun-2009 09:23) Posted: See most of d global bank sectors are slowly reviving, ie d 3 biggest China Bank, top bank in HK, few in Bursa and finally d focus one, d US banks. 10 banks returning d TARP lately enough to give further stimulus to d banking green shoots, though some at d market claimed that why not keeping d money to further boosting up d bank opt cap. But really BOA r now in d whelm liao, though initially getting some knee jerking feeling. I small timer, nothing to regret but to our big brass, how they feel now? We could hv more sub in time to come when BOA really triple, as forumers said. Reaching up USD 60 again is not that far stretch liao. Ha ha, AK only got small money to keep Citi,DJ,  BOC n ICBC in HSI. Anyway, no calling lah.

 

The rules have changed brought about by government intervention-used to be mandatory and now they're just 'managing' their books , alitlle tweak here and there. Do thread carefully as the fundamentals show anaemic improvements.

The question now is how sustainable the recovery  ie. after all the pump priming or are they going to dip back into recession. After all the money that's been spent, you dun need an economist to tell you GDP numbers will improve. It's really a no brainer.

jm2212      ( Date: 13-Jun-2009 07:54) Posted: just few months ago, many thought that this bank would not escape nationalisation, probably even temasek thought likewise, now many are recommending a buy and some even with target of triple price in 2 years time

 

Hehe, i new but wat u quote is truth lor, got win sure will lose ! it depends when win must knw hw to keep hot hot, so when lose wun feel the heat.......

 

That's the beauty of stock market.

(1) Have holding power also scare ..no holding power also scare .

(2) Big shareholders also lose .. small shareholders also lose..

(3) Have professional managers also lose .. no professional managers also lose...

(4) Kiasi also lose.. Kiasu also lose..

1 to 3 have good recent examples. As for 4, everyone invest in stock will experience it one way or another..haha.

 

 

See most of d global bank sectors are slowly reviving, ie d 3 biggest China Bank, top bank in HK, few in Bursa and finally d focus one, d US banks. 10 banks returning d TARP lately enough to give further stimulus to d banking green shoots, though some at d market claimed that why not keeping d money to further boosting up d bank opt cap.

But really BOA r now in d whelm liao, though initially getting some knee jerking feeling. I small timer, nothing to regret but to our big brass, how they feel now? We could hv more sub in time to come when BOA really triple, as forumers said. Reaching up USD 60 again is not that far stretch liao.

Ha ha, AK only got small money to keep Citi,DJ,  BOC n ICBC in HSI.

Anyway, no calling lah.

 

just few months ago, many thought that this bank would not escape nationalisation, probably even temasek thought likewise, now many are recommending a buy and some even with target of triple price in 2 years time

 

Is it a trap?

freeme      ( Date: 16-Mar-2009 22:42) Posted: AIG gone mad.. up 100%

 

AIG gone mad.. up 100%

 

sell at 2.4.. yes.. earn 1000usd in 10 mins

 

Just buy las vagas sand at 2.2

 

As long as we make, it is good. I also made a few hundred from citi. Thanks to all the buzz created here. Cheers !

 

very sad again.. now 1.9 liao.

lose 8000usd...

 

last nite was quite good. But I dare not go in yet..miss my ride when it was low last week

 

sold off 10000 shares again @ 1.56 for a 4 cents gain. convert back is abt 300+ SGD.. dare nt hold .. 

 

BOA too volatile, i dare nt try.

I just buy citi at 1.52 just nw. Just for small gain.

maxcty      ( Date: 12-Mar-2009 22:35) Posted: buddy..u still trying BOA??entry point for yrself? freeme      ( Date: 11-Mar-2009 21:10) Posted: ya..knn if i hold 1 more day i will be 6000usd richer.. thats life

 

buddy..u still trying BOA??entry point for yrself?

freeme      ( Date: 11-Mar-2009 21:10) Posted: ya..knn if i hold 1 more day i will be 6000usd richer.. thats life jackjames      ( Date: 11-Mar-2009 21:03) Posted: hooooraaayy !!!!!! $1.59 another 10% jump tonight........

 

I think tonight can try HSBC for long.....

 

ya..knn if i hold 1 more day i will be 6000usd richer.. thats life

jackjames      ( Date: 11-Mar-2009 21:03) Posted: hooooraaayy !!!!!! $1.59 another 10% jump tonight........ jackjames      ( Date: 10-Mar-2009 21:02) Posted: if you can hold just 1 more day, I think you are laughing all the way to the bank tonight, heeee... 20% jump lei... nobody know when is the lucky day, so, ..... luck plays some parts..

 

hooooraaayy !!!!!! $1.59 another 10% jump tonight........

jackjames      ( Date: 10-Mar-2009 21:02) Posted: if you can hold just 1 more day, I think you are laughing all the way to the bank tonight, heeee... 20% jump lei... nobody know when is the lucky day, so, ..... luck plays some parts.. freeme      ( Date: 09-Mar-2009 23:24) Posted: enough. i buy 10000shares mah..

 

ya ma..haha else i can recoup all loses liao. 1 cent breakeven liao