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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (48876)7/24/2012 9:34:39 AM
From: Jurgis Bekepuris  Read Replies (2) | Respond to of 78714
 
Clown - you prefer C to BAC?

I was thinking about buying BAC, JPM or WFC, mostly as Buffett suggestions. Of course, the better ones (JPM and WFC) are trading much higher than the worse ones (BAC, C). AFAIK, Buffett did not express any opinion about C. ;)



To: Spekulatius who wrote (48876)8/21/2012 3:36:52 PM
From: Spekulatius  Respond to of 78714
 
C- out it goes at 30.54$. it was a trade after all <g>. Bought a bit more KSB3.DE, the German pump manufacturer that i mentioned before in this thread. The stock has not budged much, despite confirming (sort of) the earnings forecast for 2012. Now I own quite a but of this puppy.

I also sold AET yesterday on that bounce to 40$. It does not happen very often that both the acquirer and the acquisition target go up when the takeover is announced and usually it does not last.



To: Spekulatius who wrote (48876)9/23/2012 10:41:31 PM
From: Spekulatius  Respond to of 78714
 
Pretty good Article re European banks. It shows where Draghi's money goes, the ECB - sovereign debt carry trade: borrow for <1% from the ECB and buy Italian or Spanish sovereign bonds yielding 6%. It works unless your home country default but then you are toast anyways, if you are a bank, so you might as well double up. it's easier than to make loans in any case. Well, here is the article, just in case somebody got to bullish on Europe:

bloomberg.com