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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
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Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
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Latest Comments211 Comments
When Mutual Funds Reopen for Business
However,
If a person makes the minimum investment in one of these funds,
then later they can usually ADD to it.
You need to get your foot in the door while you have the chance.
When funds "close" they close to NEW investors,
they usually accept more money from the old investors.
Pay Bankers Much Less
1. Money
2. Glory or power
3. Sexual favors
For the big shots I think #2 is more important than the other 2
Occidental Petroleum: Stock Price Doesn't Reflect Company's Real Value
MANAGEMENT EXISTS TO BENEFIT ITSELF,
SCREW THE STOCKHOLDER.
LOOK AT THE COMPENSATION IRANI PAYS HIMSELF!!!
How Much Is NovaGold Worth?
NG 0.58 Down 1.12 Down 65.88%
THAT'S 58 CENTS.
NovaGold Resources: Heavily Undervalued
NG 0.58 Down 1.12 Down 65.88%
THAT'S 58 CENTS.
Glad I didn't pay attention to your advice
NovaGold's Future Looks Promising - Wellington West Analyst
NG 0.58 Down 1.12 Down 65.88%
THAT'S 58 CENTS.
Glad I didn't pay attention to your advice
Better Times ahead for NovaGold?
NG 0.58 Down 1.12 Down 65.88%
THAT'S 58 CENTS.
Glad I didn't pay attention to your advice
Looking Good: Genco in Particular, Shipping in General
IT'S JUST A MATTER BEFORE THEIR DEBT KILLS SOME OF THESE COMPANIES.
THE PE AND DIVIDEND #'s YOU REPORT ARE BASED ON THE PAST.
IDIOT BLOGGER !!!!!!
Henry Paulson Could Have Done Better
How do YOU expect to have an answer????????????????
How Low Can Mining Stocks Go? (Part II)
YOU WAIT TILL THE STOCKS ARE DOWN 60-92% THEN
SPECULATE THAT THEY'LL FALL FARTHER !!!
Get some hard numbers about orders and sales, and
quit wanking.
The Economics and Ethics of Mortgage Default
In CAL they can't, in most or all other states they can,
But if a person defaults on a mortgage, what other assets are they likely to have?
Why Gold Will Decline More than the Markets
I think that's over.
Look to the future.
Chesapeake Energy Continues to Shore Up Its Balance Sheet
thx
Researcher Finds Phony Credentials for Eight Executives
And I totally agree with you that a person who LIES about one thing
WILL LIE ABOUT OTHER THINGS.
Why AIG Was in the CDS Business
"What we will never understand is why AIG management would enter a line of business (CDS)that had the potential of taking the firm down,""
They did it BECAUSE OF STOCK OPTIONS AND BONUSES.
POST A PROFIT TODAY AND RAKE IN THE MONEY,
POST A LOSS NEXT YEAR & THE STOCKHOLDERS GET SCREWED.