SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (41533)12/9/2012 9:39:41 PM
From: Venditâ„¢1 Recommendation  Respond to of 222362
 
I totally agree with you. I compared the same PE fundamental statistic with JPM. JPM is trading at a much higher price than BAC but JPMs PE Ratio is about 9-10.

Is that important? Long term I think it is. Short term I say no.



To: Qualified Opinion who wrote (41533)12/10/2012 2:03:22 PM
From: Fintas2 Recommendations  Read Replies (1) | Respond to of 222362
 
AHH the key words. GOVERNMENT approval. The same gang that was attempting to coerce them into decisions BAC didn't want to do and basically said GFY.

As a result the stock of BAC and others were taken down in 2011. BAC didn't get the green light re review and could not raise its dividend. TIME has proven BAC was ok in 2011 and continues to approve.

I liken BAC to what some were trying to do with GE as they yanked it under 6 amongst diatribe upon diatribe concerning IMMELT. As we have seen so much for bashing GE.

And as we are seeing so much for trashing BAC. It's not if it's going to 14/16/19 just when. Faster than most understand when one considers abnss. Get the govt out of this or have them just ease up a bit which I believe they will be forced to do with all of them to ensure this economy turns. If so then banks will be a place to be.

IMHO

Fintas



To: Qualified Opinion who wrote (41533)12/11/2012 5:53:15 AM
From: Venditâ„¢1 Recommendation  Read Replies (1) | Respond to of 222362
 
I agree with you. And if you do the math using the average PE multiple of the S&P stocks of about a 16 PE you can arrive at a BAC with $2 per share earnings equals $32 and earnings at $3 per share equals $48 dollars a share.

I also agree that a major shift in getting away from printing dollars used to buy back our own debt is a big negative on the financial sector and not a sustainable policy for the US unless your intent is to take down our economic capitalistic system. I would not consider that a success.

That is a major shift towards socialism.

.