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[QUOTE]Originally posted by metal1: [QB] [QUOTE]Originally posted by invester: [qb] That’s not even taking into account that most other banks went bankrupt, thus not as much supply. They aslo have Merrill Lynch/Investment, one of the last great ones. Even Country Wide looks to be paying off. So for all that, they put a valuation far less than the cash they have on hand? Were starting to see a sense of normalcy, and a steep yield curve. These guys are going to print money. $25 by August. [/qb][/QUOTE]holy smokes, where do you see that country wide is paying off? they are costing and have already cost BofA billions! BofA would probably be at 25 or 30 if they never bought countrywide. they merrill deal is paying off but countrywide has been a huge drag still more to come. I am long too but we'll have to see how these housing lawsuits pan out first. [/QB][/QUOTE]
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