Shortseller Doug Kass Going Long on Banks

[stock_trad3r]

Quote from lindq:

It depends on your time horizon. Banks are excellent long term holds right now.

Buy the fear, sell the greed.

Even before the credit crunch bank stocks didn't do well

 

[FxPro2]

db research uses options prices to predict most big bank will chop there dividends by next quarter.

By banks then after the market freaks.

 

[atticus]

Quote from FxPro2:

db research uses options prices to predict most big bank will chop there dividends by next quarter.

By banks then after the market freaks.

I just ran the conversion-maths on the top five US banks by market cap. All of the atm conversions were priced within a few cents of the declared dividend for the quarter. Not to say that they won't be slashing dividends, but it's not apparent in the option markets.

 

[PanPizza]

Quote from atticus:

I just ran the conversion-maths on the top five US banks by market cap. All of the atm conversions were priced within a few cents of the declared dividend for the quarter. Not to say that they won't be slashing dividends, but it's not apparent in the option markets.

Brilliant. Hip hip hurray! What would ET do without you?

 

[sellindexvol66]

Quote from PanPizza:

Brilliant. Hip hip hurray! What would ET do without you?

you dumb f_ck. no question you did not even understand what atticus was saying or are completely jealous that you could not even dream of considering and implementing that or any f_cking analysis.

you are and always will be a tool.

 

[Now is Now]

Quote from atticus:

I just ran the conversion-maths on the top five US banks by market cap. All of the atm conversions were priced within a few cents of the declared dividend for the quarter. Not to say that they won't be slashing dividends, but it's not apparent in the option markets.

Well then , it will simply prolong the inevitable...weaker financials.

 

[drsteph]

Quote from atticus:

I just ran the conversion-maths on the top five US banks by market cap. All of the atm conversions were priced within a few cents of the declared dividend for the quarter. Not to say that they won't be slashing dividends, but it's not apparent in the option markets.

Thanks