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re: Is BOA a $70 stock?

Posted on 4/9/14 at 10:48 am to
Posted by LSURussian
Member since Feb 2005
127261 posts
Posted on 4/9/14 at 10:48 am to
quote:

For a BoA, you'd really need to analyze the financial strength of every counter party they have in certain arrangements.
"Every" counter party? So we should analyze every loan to bank makes before we decide to buy the stock? I'm not sure that's feasible.

And if you're referring to the AIG credit default swaps when you mention 'swaps', as the statisticians call that situation, that was a 'skinny tail event.'
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10248 posts
Posted on 4/9/14 at 10:54 am to
I used the words every and certain in the same sentence.

It wasn't all a tail event.
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