They just cut the share price estimate and now predict a loss of more than $3.00 per share, as opposed to their estimate of a loss of .41.
So much for that 3rd quarter bank rally that Guy Adami was counting on, talking about “mark ups” and egregious stuff like that.
Someone get me a guillotine.
Developing…
If you enjoy the content at iBankCoin, please follow us on Twitter
meh.
Uncle Buck taking it hard in the overnight. Appears that funds will not be available to run the piggies tomorrow. fwiw.. the swiss have lent out a huge surplus of money all over Europe, esp in the East and to the United States of the Peso. If they get facefucked on those investments, which they will, there remains a sizable amount of monthly interest payments coming in. The run around of the chf by the wheezing, bloated and out of food stamps Uncle Buck since the BSC save is counterintuitive and unsustainable. It would be like the great Le Fly getting struck out by Johan Santana, next to impossible. Scratch that – bad analogy. Maybe it would be like the great Le Fly getting his first at bat in MLB and hitting straight out to the upper bleachers on JS’s first pitch. Possible, but how likely?
ducati998,
I don’t care if Fly manages the lunch money for a classroom of kindergartners (I am sure he would be punching their milk mustaches off anyway). What brought me here is that my well endowed 401K had shriveled like the head on a scared turtle. My retirement plan was – buy it – forget it – lather – rinse – repeat. I will never day trade with my 401K but the pre iBankcoin Feltersnatch probably would have said, WOW, those bank stocks look cheap, I think I will get some now before they go up. I appreciate the advice that people like Fly and Cajun provide regardless of their market exposure because they offer a perspective that I was not previously exposed to.
In full disclosure, I took several bags of coins from a savings account and opened up a trading account which is actually up 6% so far (thanks, Fly). I have found this whole day trading business to be very addictive.
Ducati has squandered his considerable talents and has been reduced to a Fly nitpicker, as if that will somehow pay for his goat & sheep condom bills.
Fly:
what do you think about going short SCHW here? They have the ARS issues now and reading their last 10Q they have over $10B in mortgage backed securities, $3B in res. real estate loans and $1.7B in HELCO’s…….
Japan just beat the USA in the Olympics softball game. They need to do some chromosome testing.
If you feeling like a pimp nigga
goon brush your shoulder off…
Lehman ain’t pimp