Tuesday, August 12, 2008

JPM gets hit

JPM is down 2.75 to 39.15 because of the news that they suffered a $1.5 billion loss since July, and the negative chatter from Meredith Whitney on Goldman Sachs.

Big deal. Buy it.

Tomorrow they'll forget about it, and they will start buying again.

Meredith used to be good for a month, then a week, then a day.

Now even a day is pushing it. So you gotta grab it now.


Anonymous said...

And now it's down to 36.74. Where's the "I was wrong"? Funny that you only advertise the picks where you're right.

Anonymous said...

And now it's down even more. Not as advertised.