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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Danny Matthews
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| 10/01/2007 12:00 PM |
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This is a paragraph on BofA 's 3Q earnings estimates from Reuters. to read the whole article click on the link at the bottom of post.
BANK OF AMERICA CORP ( http://www.stockcentral.com/data/tabid/55/language/en-US/Default.aspx
Profit per share may total $1.16 per share, compared with $1.22 a year earlier and $1.30 in the second quarter, for the No. 2 U.S. bank, based in Charlotte, North Carolina. Bank of America is a large provider of leveraged loans. Its chief financial officer has said market volatility will materially hurt corporate and investment banking results. Investors will look for credit card growth, a drop in card charge-offs and improved lending margins. The quarter is the first after the purchase of Charles Schwab Corp's U.S. Trust unit.
http://www.reuters.com/article/marketsNews/idUKN2736385320070927?rpc=44 |
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Danny Matthews
Tuscola IL |
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Danny Matthews
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| 11/13/2007 10:00 PM |
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BAC reported today they will write approx $3B because of credit problems. Ouch! I am going to continue to keep this holding in my 2007 StockCentral Contest.
I also used the last weeks market jitters to buy more BAC for my own account. Will add again if it goes below $43. |
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Danny Matthews
Tuscola IL |
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Charles Mueller
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| 11/25/2007 6:22 PM |
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| Hope you are corect and in the money, but could be dead money for the next 12 to 24 months. |
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Danny Matthews
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| 11/25/2007 7:03 PM |
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My thinking is this is the time to build positions, when the price is discounted not at the top of the market. Buy strong companies to build wealth over time. |
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Danny Matthews
Tuscola IL |
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