Woah what changed? ATH was September 29th last time I checked
First the 13th then the 29th .
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Woah what changed? ATH was September 29th last time I checked
First the 13th then the 29th .
I'm trying to figure out my day's tirades here.
Bank of America bought Merril Lynch for $29 per share in 2008, had they waited a week or two, the price might have been less than $10.
"While nothing is impossible, particularly with Elon Musk at the helm, we believe these assumptions warrant a healthy degree of skepticism."
yeah that's one day I'll be at work all dayTuesday September 13th. You're welcome.
They also withheld from shareholders pertinent information on Merril Lynch's valuation. But, they were under the gun at Treasury to cut the deal. Or else, I don't know. Hank Paulson was in charge then.Bank of America bought Merril Lynch for $29 per share in 2008, had they waited a week or two ,
the price might have been less than $10.
Bank of America Merrill Lynch is at it again with their anti-Tesla FUD:
Proof of impenetrability of their Chinese Wall? They might need that.Isn't BoA ML one of the underwriters of TSLA's recent stock offering?
What, you think it will take a whole 4 months? Are you trying to call Elon Musk a liar or something? MODS?!
Proof of impenetrability of their Chinese Wall? They might need that.
What a relief to learn that at least one here knows what you are talking about! (As a contrast to some other, unseen posters ...)Trust me. Once I got 12 out if 13 games correct in the weekly fotball betting back home in Sweden. I was very young so I must be a prodigy. Obviously I know what I'm talking about.
Well, you might say that. I couldn't possibly comment!So, they tell their clients (on one side of the wall) to buy this stock we're offering at $215 and then come out with a PT that is something much lower? Wow...
To be fair, that was really the company taking one for the nation at the urging of the Feds.
Actually, Mr. Lynch is being quite bullish. They have been ranging between 25% and 50% lower than the stock price, so in 2013, if you quadrupled their price target, you were about right. In 2014, they raised their price target to $65 and re-iterated it in early 2015, so again a quadruple works out. Last summer, they went too bullish and tripled their target to $180, which would really be $720, which was clearly too bullish. So now, instead of being 25% off the price target, they are merely 50% off the price target. It is curious to downgrade from $180 to $155 due to cash burn... after all, that cash is being deployed to grow the company and therefore the revenues dramatically. But still, if one of the most ardent bears goes from 25% off to merely 50% off, that's remarkably bullish. After all, nothing has truly changed since their research note in 2013 when they set a $39 price target. They just didn't believe the growth trajectory. Here's what they said in 2013:
Bears Sterns was pushed on to JP Morgan Chase . Lehman was left to collapse. Merrill was not
Forced onto anybody. BAC thought they were getting the bargain of a life time at the time
Of the deal.
Bank of America Merrill Lynch is at it again with their anti-Tesla FUD: Tesla Motors, Inc. (NASDAQ:TSLA) - Bank Of America: Tesla's Stock Headed To $155
And here’s what they said in 2013: Bank Of America: There Are 300,000 Reasons That Tesla Is Massively Overvalued
Are you kidding me? It hit 216.59? Why am I so bad at this?
Trust me. Once I got 12 out if 13 games correct in the weekly fotball betting back home in Sweden. I was very young so I must be a prodigy. Obviously I know what I'm talking about.
99.9% of people are terrible at short-term market timing. Hey, I am too. I have some shares with a basis of $280.Are you kidding me? It hit 216.59? Why am I so bad at this?