I would think that the deal MIGHT happen when the stock is in the total crapper..right now their assets are being decimated, cash levels are terrible and if someone buys them they are asking for it.
Same goes for that LEND purchase..stupid LoneStar..haha they got screwed.
boiler-room,
The price sure isnt talking buyout.
I would think that the deal MIGHT happen when the stock is in the total crapper..right now their assets are being decimated, cash levels are terrible and if someone buys them they are asking for it.
Same goes for that LEND purchase..stupid LoneStar..haha they got screwed.
I would think that the deal MIGHT happen when the stock is in the total crapper..right now their assets are being decimated, cash levels are terrible and if someone buys them they are asking for it.
Same goes for that LEND purchase..stupid LoneStar..haha they got screwed.
i hear you wall ,but as you pointed out the other day and koaj just didi as well, boa owns the prefered and short term it is not a good investment so taking them out may be an option,,,as far as wells fargo ,that is what i am hearing ,dont mean a thing ,just passing it along from people here whom follow this shit closely,i have no interest either way
Quote Originally Posted by wallstreetcappers:
boiler-room,
The price sure isnt talking buyout.
I would think that the deal MIGHT happen when the stock is in the total crapper..right now their assets are being decimated, cash levels are terrible and if someone buys them they are asking for it.
Same goes for that LEND purchase..stupid LoneStar..haha they got screwed.
i hear you wall ,but as you pointed out the other day and koaj just didi as well, boa owns the prefered and short term it is not a good investment so taking them out may be an option,,,as far as wells fargo ,that is what i am hearing ,dont mean a thing ,just passing it along from people here whom follow this shit closely,i have no interest either way
If that is the case, then you short the hell out of WFC. What a stupid purchase that would be given the current environment.
If WFC were to announce such a transaction, it would be at a higher price because of the fast decline lately, so if they do this at anything higher than 15 then they are to be shorted at will.
If that is the case, then you short the hell out of WFC. What a stupid purchase that would be given the current environment.
If WFC were to announce such a transaction, it would be at a higher price because of the fast decline lately, so if they do this at anything higher than 15 then they are to be shorted at will.
i agree with you,but u know me i'm no analyst,i'm not saying it makes sense ,just what i hear,which in this buisness is usually bullshit...here is a question that i need an answer to,at what price does oil start to have a big impact on daily life and on the broader markets,,,for instance oil at 70,,80 ,,no reaction really from the public,,still see people in their escolades and consuming gas at a high rate ,,,gas have to be 4,5 $ a gallon to see real change?so far high oil prices have not had in general a damaging effect on the markets ,economy..etc.....that point must be coming soon
i agree with you,but u know me i'm no analyst,i'm not saying it makes sense ,just what i hear,which in this buisness is usually bullshit...here is a question that i need an answer to,at what price does oil start to have a big impact on daily life and on the broader markets,,,for instance oil at 70,,80 ,,no reaction really from the public,,still see people in their escolades and consuming gas at a high rate ,,,gas have to be 4,5 $ a gallon to see real change?so far high oil prices have not had in general a damaging effect on the markets ,economy..etc.....that point must be coming soon
I dont see how any firm would buy CFC into this mess, I just do not see it personally.
IMB rallied hard into the close..quite interesting.
boiler-room, the market will tell us when high oil hurts..there will be a point that it will CRUSH our markets..it could be a catalyst for a longer term sell-off.
I personally think it will silently kill our economy, not overnight but it will hurt our GDP going forward and since we have ZERO control over it, there is little we can do.
I dont see how any firm would buy CFC into this mess, I just do not see it personally.
IMB rallied hard into the close..quite interesting.
boiler-room, the market will tell us when high oil hurts..there will be a point that it will CRUSH our markets..it could be a catalyst for a longer term sell-off.
I personally think it will silently kill our economy, not overnight but it will hurt our GDP going forward and since we have ZERO control over it, there is little we can do.
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