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They don't want cheap overpriced condos, of which there are too many already. Do you even realize that most of these projects being built now are only going forward because it is more expensive to back out of the construction loan? The developers are just winging it and skimming whatever...

They have been for years, I think it's actually priced in.

LOL right, good luck with that logic. After all, there are plenty precedents to this which prove above and beyond all doubt that the government is trustworthy.

It's a stock swap deal, don't forget that. The $29/share was an inferred price based on BAC's closing friday print. Obviously they expected it to get whacked down. At this rate, BAC may get MER at single digits.

LOL, you mean he is switching cardboard boxes?

They know what they are doing and it is orchestrated.

With that logic, he might as well buy any company near it's 10-15 year low. I'm pretty sure it will work wonders.

Yup, that's why the deal is all stock and no cash. Honest banker? That's an oxymoron.

Are you kidding me? LOL apparently you're not as smart as you make yourself out to be. When the company emerges from BK, new stock is issued. The old shareholders get squat, they hold the old worthless share. Often the original debt holders get new stock on top of restructured debt, so...

Have you read his posts? [B] The only thing MER deal shows is that it's time to short the f**k out of BAC.

And another ET superstar bites the dust. LOL!

Cause anyone with a brain knows that he is a sad loser who lives out his hopeless dreams on ET. He has been exposed many times, it's a big joke.

Nice detective work there, Inspector Jacques Clouseau. [B] Skills? At this point, I would be amazed to find out that you can dress yourself in the morning.

OMG I laughed out loud. Bravo! The pic is Photoshopped, story is most likely all fake.

LOL LOL LOL! Omg I better run the country, whiningtiger is after me. Where will I go?

LOL! I posted great response to this but after seeing it, you cried to the moderators? You are a sad & bitter individual. As much as I enjoy abusing you, I have to stop, since apparently you cried so much, I will be banned if I keep doing it.

PA? Do you mean TA? Tapereading, as in tapereading the specialist, is no longer viable. Maybe on some thin stocks where order flow still sits mostly with the specialist. You can kinda taperead electronic markets but it's just a tool, not a full strategy. Before NYSE going Hybrid (really...

Wow, you're learning. About time.

If it does not within the next few months, will jump off a building?

Such percentage loss (and gains) are not uncommon in the Russian markets.