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


To: Jurgis Bekepuris who wrote (57090)4/4/2016 10:35:40 AM
From: Micah Lance  Respond to of 78656
 
Hah it wasn't my intent to predict the future, nor would I try to invest based on that. Although I wouldn't mind being able to predict the future :)

I guess I should have said I think a default wave is likely based on those scenarios I discussed. It's just something I am keeping an eye on as I think it might provide a nice value opportunity in time if it plays out that way.

I like BAC too and am invested (avg. is about 13). I like MS and have been keeping an eye on it. The California AG just filed charges over the subprime mortgage crisis of all things, seems odd since it's been nearly 10 years since it happened. Maybe the lawsuit will push MS prices lower, I would like to enter around 20 if the opportunity presents itself.

Best,

Micah