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Forum - Wall Street Pit (JPMorgan Chase - JPM)    Stock Due Diligence for All

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From: luvb2b (Rep: 1304) reply to mikeriDate: 05/21/2012 12:01
Forum: Wall Street Pit - Msg #2272297 - List JPM msgs Thread #673404606 (Rec: 0)
no programs today mikey. but just thinking dimon is lying. he said they cancelled the buyback due to basel 3 capital requirements, not related to the loss. but that makes no sense as they have just recently expanded the buyback and dividend, and talked about the buyback on the call 2 weeks ago. i am guessing they were "encouraged" to cancel the buyback by regulators, much as one encourages a horse with a whip.



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my daily motivational reading, what the high and mighty penny pumpers say about luv:

"any knowledge you currently have about trading, finance, accounting, etc... that i don't, are things i can fully absorb within a relatively short period of time if its really important to do so... on the other hand, i am quite certain that you are incapable of grasping even 20% of the knowledge i've gained in math, associated algorithmic coding, physical chemistry, solid-state physics, materials science and engineering over decades of study." 

"There are those who market trades, and there are those who trade markets.
There are those who follow marketers, and those who follow markets.
The marketers feast on their followers; the traders feast on the markets." -luvb2b

***Disclaimer & Disclosure***: I make no guarantee as to the accuracy or validity of information in this message. Messages posted reflect my own opinions and/or those of others, and are posted for entertainment purposes only. My messages should not be construed as investment advice. Always make investment decisions in consultation with your own financial advisor. Daytrading is not suitable for everyone. You trade at your own risk. Daytrading involves considerable risk and could result in significant losses, including losses in excess of invested capital. Any information posted here is meant for entertainment purposes only and should not be assumed to be accurate. It is expected that the readers of this information do their own research and due diligence when making trading or investment decisions. I may have long or short positions in any of the stocks that are mentioned, and these positions may change at any time.



Reply to mikeri - Msg #2272293 - 05/21/2012 11:56

Ok, I am just the rumble seat guy. And vol is above ave. But, like, I am thinking a sell program. If you don't want to figure it out and post, I will......cause I can add an subtract, long hand.
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