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Parsad

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Everything posted by Parsad

  1. Dear Stubble, You can't always get what you want You can't always get what you want You can't always get what you want But if you try sometimes, you might find You get what you need No tangible book before Christmas, but you will definitely receive a lovely present this year nonetheless...BAC over $12 before Christmas morning. Cheers!
  2. You missed Festivus, for the rest of us! So Happy Festivus! Boiler, please list your grievances before we wrestle! ;D Cheers!
  3. Because this is generalized and not one specific book, I'm moving it (again) to the General Discussion board. Cheers!
  4. The simplest answer is often the right one...sell half now, and sell the other half in the New Year to move some of the gains till next year. Cheers!
  5. Well, I got it to snow in Vancouver this morning. ;D Working from home today, and that egg-white omlette I had did the trick. I wonder what would have happened if I had thrown bacon into it too! Cheers!
  6. Article on banks...unfortunately written by Peter Eavis. Cheers! http://dealbook.nytimes.com/2012/12/17/banks-seek-a-shield-in-mortgage-rules/?partner=yahoofinance
  7. Interesting that Jefferies is an advisor in that deal :) Can Jefferies really advise on this, without a serious conflict of interest? The same question is arising around the Knight Capital deal too. I guess apparently Jefferies can advise, but some people are questioning it. Cheers! http://finance.yahoo.com/news/knight-capitals-board-said-split-053120065.html;_ylt=Ak_OgcZwHe0zGtfml3sll1OiuYdG;_ylu=X3oDMTRwOG8ycHBqBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yaWVzIG1peGVkIGxpc3QEcGtnAzNhMjVkNjU0LTM1OGItM2QxZS04MjA0LTRmMDg1MTc5NjM5YgRwb3MDMgRzZWMDTWVkaWFCTGlzdE1peGVkTFBDQVRlbXAEdmVyAzY2OThlOTIwLTQ4ZDQtMTFlMi1hZmMwLTc2ZmMzZWNmNjdlMQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3
  8. New Blackberry 10 to be tested by 120 companies, including 64 members of Fortune 500. Cheers! http://www.bloomberg.com/news/2012-12-17/rim-s-blackberry-10-pilot-projects-begin-at-120-u-s-companies.html
  9. I hope before you attempt to seduce Meredith with your worldly charms, you take into consideration that her husband is a 6'6" former pro wrestler who is still young middle age. What are these charms you speak of? My way of charming a woman is remembering her name! ;D I kid, I kid. I guess I'll move on to Linzie Janis from Bloomberg then. Cheers! You could try Lynn Tilton. LOL! No thanks. I'm vegan. Cheers!
  10. I think she is only in her early 40s. There's some mileage there, but what can you do. Nice! And I thought I was the only distasteful jerk on this board. ;D Cheers!
  11. I hope before you attempt to seduce Meredith with your worldly charms, you take into consideration that her husband is a 6'6" former pro wrestler who is still young middle age. What are these charms you speak of? My way of charming a woman is remembering her name! ;D I kid, I kid. I guess I'll move on to Linzie Janis from Bloomberg then. Cheers!
  12. Moynihan still has some 485,000 shares, so it's a tiny fraction of his total shares. Montag has a large ownership through a couple of investment vehicles. Finally, Thompson also has some 275,000 shares left as well. Cheers!
  13. Meredith Whitney upgrades BAC to buy: http://www.reuters.com/article/2012/12/17/whitney-banks-idUSL1E8NHCWH20121217?type=companyNews&feedType=RSS&feedName=companyNews&rpc=43 I like Meredith alot. She's a smart, attractive older woman I would have no problem sleeping with...but I digress...I'm a bit disappointed that she says she believes financial stocks are a buy now that BAC has more than doubled. And don't let her fool you...it was my lunches that moved the stock, not her recommendation. ;D Cheers!
  14. It's a hold right now Eric. I'll move my target to $12, when it hits $11.99, and then it will be a hold again...until it hits $12.99, and then I'll move my target to $13. Plus I'll write an article for the Fool.com or The Street.com titled "Is Bank of America a Buy?" That should help me raise $30-40M for the fund! Cheers!
  15. No, I don't think it is bearish for stocks at all. I think people are pouring money into t-bills instead...contrary indicator. Although, you could be correct about the bonuses, but that's a hell of alot of bonuses! Cheers!
  16. Grats longs, it goes to eleven! Beat me to it! No need to thank me...just doing my job! I'm going for lunch tomorrow and then to the gym and swimming pool. Lunch on Wednesday and Thursday too, and I'm out of the office Friday...so I'll have to get you guys to $12 by Thursday's close. Now who was laughing at me about hitting tangible book by Christmas...not that far off if I get you to $12! ;D Cheers!
  17. 1st quarter 10-Q filed and they expect 2nd Q and 3rd Q to be filed before month end. No word from Nasdaq when trading can resume, but I would think it won't take that long after 3rd Q is filed. Cheers! http://finance.yahoo.com/news/chanticleer-holdings-announces-revised-first-192320586.html
  18. We buy some short-term U.S. t-bills with excess cash, and I just took a look...they are running negative yields from January through to the end of May...this did not occur for so many months even during 2008/2009. I guess a lot of people piled into them worried about the Fiscal Cliff, and thus you have the markets going up like crazy...investors always do the wrong thing. Probably exagerrated when combined with the Fed's purchases pushing yields down. Cheers!
  19. I thought I would get it out early, as many of you will probably head out for vacation soon. Merry Christmas, Happy Hanukkah, Blessed Kwanzaa and Joyeux Ramadan...there, I've gotten them all in. For those that will be away for a while, have a Happy New Year and we'll see you in 2013! Cheers and thanks for all of your contributions! Sanjeev
  20. too early in Vancouver. he must be on an overnight drunk. No, a late breakfast today...that did the trick! Cheers!
  21. Is that how much your portfolio moved today? ;D Cheers!
  22. Well, actually all the credit belongs to my ability to move stock prices by eating lunch out of the office. I'll get you guys over $11 pretty soon...can't promise $12 before Christmas, but will do my best. I plan on making it snow in Vancouver for a White Christmas using the same method over the next week as well. Cheers!
  23. wow, seems nuts! They'll squeeze margins, but they may sell hell of alot more increasing revenues and earnings regardless. We'll have to wait and see. Cheers!
  24. Sounds worse than the Tenderloin! It's a shame. I kind of know how the Tenderloin got started out (*part* of it actually happened due to a public policy decision - we were bringing homeless and mentally ill people to the city to help them, and then allowing them to camp out without prosecution while simultaneously paying them), but I am curious how neighborhoods in general start to degrade. I'm sure that almost none of them besides the tenderloin are shitty due to some old, weird public policy decision like we had here. It was actually worse than the Tenderloin. Dan Rather was here for CBS a few years ago, so was Diane Sawyer...doing exclusive stories on how one of the most socially-developed cities in North America could allow its citizens, including single mom's and their children, to live in such squalor and a traumatic environment. Believe it or not, the area started to deteriorate after one of the city's historical department stores, Woodwards, went downhill and eventually out of business. That area used to be the main shopping district of the city for the previous 80 years, but when Woodward's disappeared, foot traffic decreased significantly and other businesses went out of business. Much of the shopping moved to the famous Robson Street area or to the suburbs, and you suddenly had alot of people living on social assistance moving into the area. It just kept going downhill with virtually no government intervention. Finally, a few years ago, you had a mix of public and private development reinvigorate the area...ironically it started by turning the old shell of the Woodward's department store into a mix of condo units and street-level retail, as well as Simon Fraser University expanding their downtown campus into the new development. From there you slowly had gentrification of the area, and now it is becoming one of the hippest areas of the city to live in, with new bistros and shops opening everywhere. Sadly forcing some of the poor out of the area and creating problems down the road for other neighbourhoods! C'est la vie! But before I moved out of the Burnaby area of Vancouver a few months ago, my daily commute to the office downtown went through the Hasting & Main area every day, and I could not believe what I saw. Most tourists who came to the city and saw the area couldn't believe it existed in Vancouver. Seriously, every three doors you saw someone shooting up in plain view, and guaranteed that every block had at least one person completely passed out and just lying there on the street...not knowing if they were sleeping, drunk or dying of a drug overdose. Take a look at the picture below. This was what it looked like on virtually every block of that six square block area. Picturesque and liberal Vancouver...what a fu**ing mess it was! I'm ashamed my city allowed that to happen to people! Cheers! http://www.nowpublic.com/health/east-hastings-0
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