Anyone considering Buying FNM now?

[(former)FormerSanDiegan]

For example, instead of backstopping the GSE’s here’s what some folks think should be the solution:

“They should have wiped out the shareholders, nationalized the institutions with legislation that they are to be reconstituted — with necessary taxpayer support to make them financially viable — as five or 10 individual privately held units,” which the government would eventually auction off to private investors, he said.

[Coronita]

My observation is that the financial stocks are still to highly unpredictable to be in a position for a long time either short or long at this point. So much swings at the whim of hearsay and rumors.
Just take for example at BAC and others. Within two months we’ve seen a movement from the mid thirties all the way down to $18 and all the way back up to the thirties where it stands right now.

This will probably continue. Complicated by this is the issue that it seems like the Fed likes to willy nillie step in and out when it feels like it needs to. For instance, the temporary restriction on naked short selling imposed only on financial stocks and the subsequent expiration of that rule (yesterday).
If that’s not disturbing to one, I don’t know what is. Too many people have their hand in the cookie jar.

Disclaimer, I’m generally gambling (and yes I consider this gambling) on BAC and C by having a few shares long-long, and in addition been in and out of BAC and C when there trying to time some of the swings by when there is a $1-$2 difference in price, coupled with writing some in-the-money covered calls hoping they will expire worthless. Aside from having a nightmare tax reporting situation next year (currently at 54+ trades on BAC alone), I’m not sure if this “experiment” is really going to be better than sticking things in a index fund for the long run. If it does turn out to work for me, it would definitely be all luck and no skill.

[Coronita]

My observation is that the financial stocks are still to highly unpredictable to be in a position for a long time either short or long at this point. So much swings at the whim of hearsay and rumors.
Just take for example at BAC and others. Within two months we’ve seen a movement from the mid thirties all the way down to $18 and all the way back up to the thirties where it stands right now.

This will probably continue. Complicated by this is the issue that it seems like the Fed likes to willy nillie step in and out when it feels like it needs to. For instance, the temporary restriction on naked short selling imposed only on financial stocks and the subsequent expiration of that rule (yesterday).
If that’s not disturbing to one, I don’t know what is. Too many people have their hand in the cookie jar.

Disclaimer, I’m generally gambling (and yes I consider this gambling) on BAC and C by having a few shares long-long, and in addition been in and out of BAC and C when there trying to time some of the swings by when there is a $1-$2 difference in price, coupled with writing some in-the-money covered calls hoping they will expire worthless. Aside from having a nightmare tax reporting situation next year (currently at 54+ trades on BAC alone), I’m not sure if this “experiment” is really going to be better than sticking things in a index fund for the long run. If it does turn out to work for me, it would definitely be all luck and no skill.

[Coronita]

My observation is that the financial stocks are still to highly unpredictable to be in a position for a long time either short or long at this point. So much swings at the whim of hearsay and rumors.
Just take for example at BAC and others. Within two months we’ve seen a movement from the mid thirties all the way down to $18 and all the way back up to the thirties where it stands right now.

This will probably continue. Complicated by this is the issue that it seems like the Fed likes to willy nillie step in and out when it feels like it needs to. For instance, the temporary restriction on naked short selling imposed only on financial stocks and the subsequent expiration of that rule (yesterday).
If that’s not disturbing to one, I don’t know what is. Too many people have their hand in the cookie jar.

Disclaimer, I’m generally gambling (and yes I consider this gambling) on BAC and C by having a few shares long-long, and in addition been in and out of BAC and C when there trying to time some of the swings by when there is a $1-$2 difference in price, coupled with writing some in-the-money covered calls hoping they will expire worthless. Aside from having a nightmare tax reporting situation next year (currently at 54+ trades on BAC alone), I’m not sure if this “experiment” is really going to be better than sticking things in a index fund for the long run. If it does turn out to work for me, it would definitely be all luck and no skill.

[Coronita]

My observation is that the financial stocks are still to highly unpredictable to be in a position for a long time either short or long at this point. So much swings at the whim of hearsay and rumors.
Just take for example at BAC and others. Within two months we’ve seen a movement from the mid thirties all the way down to $18 and all the way back up to the thirties where it stands right now.

This will probably continue. Complicated by this is the issue that it seems like the Fed likes to willy nillie step in and out when it feels like it needs to. For instance, the temporary restriction on naked short selling imposed only on financial stocks and the subsequent expiration of that rule (yesterday).
If that’s not disturbing to one, I don’t know what is. Too many people have their hand in the cookie jar.

Disclaimer, I’m generally gambling (and yes I consider this gambling) on BAC and C by having a few shares long-long, and in addition been in and out of BAC and C when there trying to time some of the swings by when there is a $1-$2 difference in price, coupled with writing some in-the-money covered calls hoping they will expire worthless. Aside from having a nightmare tax reporting situation next year (currently at 54+ trades on BAC alone), I’m not sure if this “experiment” is really going to be better than sticking things in a index fund for the long run. If it does turn out to work for me, it would definitely be all luck and no skill.

[Coronita]

My observation is that the financial stocks are still to highly unpredictable to be in a position for a long time either short or long at this point. So much swings at the whim of hearsay and rumors.
Just take for example at BAC and others. Within two months we’ve seen a movement from the mid thirties all the way down to $18 and all the way back up to the thirties where it stands right now.

This will probably continue. Complicated by this is the issue that it seems like the Fed likes to willy nillie step in and out when it feels like it needs to. For instance, the temporary restriction on naked short selling imposed only on financial stocks and the subsequent expiration of that rule (yesterday).
If that’s not disturbing to one, I don’t know what is. Too many people have their hand in the cookie jar.

Disclaimer, I’m generally gambling (and yes I consider this gambling) on BAC and C by having a few shares long-long, and in addition been in and out of BAC and C when there trying to time some of the swings by when there is a $1-$2 difference in price, coupled with writing some in-the-money covered calls hoping they will expire worthless. Aside from having a nightmare tax reporting situation next year (currently at 54+ trades on BAC alone), I’m not sure if this “experiment” is really going to be better than sticking things in a index fund for the long run. If it does turn out to work for me, it would definitely be all luck and no skill.

[Coronita]

Correction…I lied. Make that 47 times not including covered calls on BAC…Lol, my head is spinning and it’s going to be a bad hangover next tax time.
8/14/2008 Sell BAC BANK OF AMERICA CORP [Details] $29.82
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $28.88
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $29.76
8/12/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.30
8/11/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.38
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.92
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.00
7/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $31.49
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/23/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.50
7/23/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.97
7/21/2008 Sell BAC BANK OF AMERICA CORP [Details] $30.14
7/17/2008 Sell BAC BANK OF AMERICA CORP [Details] $24.78
7/16/2008 Sell BAC BANK OF AMERICA CORP [Details] $19.90
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.84
7/15/2008 Sell BAC BANK OF AMERICA CORP [Details] $20.00
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.77
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $22.77
6/30/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $24.36
6/27/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
6/19/2008 Buy BAC BANK OF AMERICA CORP [Details] $27.91
6/4/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.38
6/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.57
5/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $34.64
5/28/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.65
5/21/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.30
5/16/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.19
5/9/2008 Buy BAC BANK OF AMERICA CORP [Details] $37.27
5/1/2008 Sell BAC BANK OF AMERICA CORP [Details] $39.33
4/14/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.80
3/31/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $38.49
3/28/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
3/24/2008 Sell BAC BANK OF AMERICA CORP [Details] $42.25
3/18/2008 Sell BAC BANK OF AMERICA CORP [Details] $37.59
3/10/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.82
3/6/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.51
3/3/2008 Buy BAC BANK OF AMERICA CORP [Details] $38.84
2/29/2008 Buy BAC BANK OF AMERICA CORP [Details] $40.42

08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.50000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.30000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $3.45000
08/08/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $4.05000
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $3.20000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000

[Coronita]

Correction…I lied. Make that 47 times not including covered calls on BAC…Lol, my head is spinning and it’s going to be a bad hangover next tax time.
8/14/2008 Sell BAC BANK OF AMERICA CORP [Details] $29.82
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $28.88
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $29.76
8/12/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.30
8/11/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.38
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.92
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.00
7/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $31.49
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/23/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.50
7/23/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.97
7/21/2008 Sell BAC BANK OF AMERICA CORP [Details] $30.14
7/17/2008 Sell BAC BANK OF AMERICA CORP [Details] $24.78
7/16/2008 Sell BAC BANK OF AMERICA CORP [Details] $19.90
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.84
7/15/2008 Sell BAC BANK OF AMERICA CORP [Details] $20.00
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.77
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $22.77
6/30/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $24.36
6/27/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
6/19/2008 Buy BAC BANK OF AMERICA CORP [Details] $27.91
6/4/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.38
6/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.57
5/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $34.64
5/28/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.65
5/21/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.30
5/16/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.19
5/9/2008 Buy BAC BANK OF AMERICA CORP [Details] $37.27
5/1/2008 Sell BAC BANK OF AMERICA CORP [Details] $39.33
4/14/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.80
3/31/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $38.49
3/28/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
3/24/2008 Sell BAC BANK OF AMERICA CORP [Details] $42.25
3/18/2008 Sell BAC BANK OF AMERICA CORP [Details] $37.59
3/10/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.82
3/6/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.51
3/3/2008 Buy BAC BANK OF AMERICA CORP [Details] $38.84
2/29/2008 Buy BAC BANK OF AMERICA CORP [Details] $40.42

08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.50000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.30000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $3.45000
08/08/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $4.05000
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $3.20000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000

[Coronita]

Correction…I lied. Make that 47 times not including covered calls on BAC…Lol, my head is spinning and it’s going to be a bad hangover next tax time.
8/14/2008 Sell BAC BANK OF AMERICA CORP [Details] $29.82
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $28.88
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $29.76
8/12/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.30
8/11/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.38
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.92
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.00
7/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $31.49
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/23/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.50
7/23/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.97
7/21/2008 Sell BAC BANK OF AMERICA CORP [Details] $30.14
7/17/2008 Sell BAC BANK OF AMERICA CORP [Details] $24.78
7/16/2008 Sell BAC BANK OF AMERICA CORP [Details] $19.90
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.84
7/15/2008 Sell BAC BANK OF AMERICA CORP [Details] $20.00
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.77
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $22.77
6/30/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $24.36
6/27/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
6/19/2008 Buy BAC BANK OF AMERICA CORP [Details] $27.91
6/4/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.38
6/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.57
5/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $34.64
5/28/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.65
5/21/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.30
5/16/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.19
5/9/2008 Buy BAC BANK OF AMERICA CORP [Details] $37.27
5/1/2008 Sell BAC BANK OF AMERICA CORP [Details] $39.33
4/14/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.80
3/31/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $38.49
3/28/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
3/24/2008 Sell BAC BANK OF AMERICA CORP [Details] $42.25
3/18/2008 Sell BAC BANK OF AMERICA CORP [Details] $37.59
3/10/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.82
3/6/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.51
3/3/2008 Buy BAC BANK OF AMERICA CORP [Details] $38.84
2/29/2008 Buy BAC BANK OF AMERICA CORP [Details] $40.42

08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.50000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.30000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $3.45000
08/08/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $4.05000
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $3.20000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000

[Coronita]

Correction…I lied. Make that 47 times not including covered calls on BAC…Lol, my head is spinning and it’s going to be a bad hangover next tax time.
8/14/2008 Sell BAC BANK OF AMERICA CORP [Details] $29.82
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $28.88
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $29.76
8/12/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.30
8/11/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.38
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.92
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.00
7/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $31.49
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/23/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.50
7/23/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.97
7/21/2008 Sell BAC BANK OF AMERICA CORP [Details] $30.14
7/17/2008 Sell BAC BANK OF AMERICA CORP [Details] $24.78
7/16/2008 Sell BAC BANK OF AMERICA CORP [Details] $19.90
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.84
7/15/2008 Sell BAC BANK OF AMERICA CORP [Details] $20.00
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.77
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $22.77
6/30/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $24.36
6/27/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
6/19/2008 Buy BAC BANK OF AMERICA CORP [Details] $27.91
6/4/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.38
6/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.57
5/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $34.64
5/28/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.65
5/21/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.30
5/16/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.19
5/9/2008 Buy BAC BANK OF AMERICA CORP [Details] $37.27
5/1/2008 Sell BAC BANK OF AMERICA CORP [Details] $39.33
4/14/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.80
3/31/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $38.49
3/28/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
3/24/2008 Sell BAC BANK OF AMERICA CORP [Details] $42.25
3/18/2008 Sell BAC BANK OF AMERICA CORP [Details] $37.59
3/10/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.82
3/6/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.51
3/3/2008 Buy BAC BANK OF AMERICA CORP [Details] $38.84
2/29/2008 Buy BAC BANK OF AMERICA CORP [Details] $40.42

08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.50000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.30000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $3.45000
08/08/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $4.05000
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $3.20000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000

[Coronita]

Correction…I lied. Make that 47 times not including covered calls on BAC…Lol, my head is spinning and it’s going to be a bad hangover next tax time.
8/14/2008 Sell BAC BANK OF AMERICA CORP [Details] $29.82
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $28.88
8/13/2008 Buy BAC BANK OF AMERICA CORP [Details] $29.76
8/12/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.30
8/11/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.38
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $31.92
8/8/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.00
7/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $31.49
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/25/2008 Buy BAC BANK OF AMERICA CORP [Details] $30.05
7/23/2008 Sell BAC BANK OF AMERICA CORP [Details] $33.50
7/23/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.97
7/21/2008 Sell BAC BANK OF AMERICA CORP [Details] $30.14
7/17/2008 Sell BAC BANK OF AMERICA CORP [Details] $24.78
7/16/2008 Sell BAC BANK OF AMERICA CORP [Details] $19.90
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.84
7/15/2008 Sell BAC BANK OF AMERICA CORP [Details] $20.00
7/15/2008 Buy BAC BANK OF AMERICA CORP [Details] $18.77
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/8/2008 Sell BAC BANK OF AMERICA CORP [Details] $21.57
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/7/2008 Buy BAC BANK OF AMERICA CORP [Details] $21.30
7/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $22.77
6/30/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $24.36
6/27/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
6/19/2008 Buy BAC BANK OF AMERICA CORP [Details] $27.91
6/4/2008 Buy BAC BANK OF AMERICA CORP [Details] $32.38
6/2/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.57
5/29/2008 Sell BAC BANK OF AMERICA CORP [Details] $34.64
5/28/2008 Buy BAC BANK OF AMERICA CORP [Details] $33.65
5/21/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.30
5/16/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.19
5/9/2008 Buy BAC BANK OF AMERICA CORP [Details] $37.27
5/1/2008 Sell BAC BANK OF AMERICA CORP [Details] $39.33
4/14/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.80
3/31/2008 Buy BAC BANK OF AMERICA CORP
type: REINVEST DIVIDEND [Details] $38.49
3/28/2008 BAC BANK OF AMERICA CORP
type: QUALIFIED DIV
3/24/2008 Sell BAC BANK OF AMERICA CORP [Details] $42.25
3/18/2008 Sell BAC BANK OF AMERICA CORP [Details] $37.59
3/10/2008 Buy BAC BANK OF AMERICA CORP [Details] $35.82
3/6/2008 Buy BAC BANK OF AMERICA CORP [Details] $36.51
3/3/2008 Buy BAC BANK OF AMERICA CORP [Details] $38.84
2/29/2008 Buy BAC BANK OF AMERICA CORP [Details] $40.42

08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.50000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $4.30000
08/11/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP 09/20/08 [Details] $3.45000
08/08/2008 Sell to Open 2.0000 BACIF CALL BANK OF AMERICA COR$30 EXP
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $4.05000
07/23/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $3.20000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000
07/18/2008 Sell to Open 2.0000 CALL BANK OF AMERICA COR$30 EXP 08/16/08 [Details] $1.35000

[capeman]

Their accounting includes massive fraud and 200:1 leverage and the government may have to step in to backstop. This company is an eventual ZERO and the only buying I’d do is in leap puts. There is no way that shareholder equity survives in the long term.

[capeman]

Their accounting includes massive fraud and 200:1 leverage and the government may have to step in to backstop. This company is an eventual ZERO and the only buying I’d do is in leap puts. There is no way that shareholder equity survives in the long term.

[capeman]

Their accounting includes massive fraud and 200:1 leverage and the government may have to step in to backstop. This company is an eventual ZERO and the only buying I’d do is in leap puts. There is no way that shareholder equity survives in the long term.

[capeman]

Their accounting includes massive fraud and 200:1 leverage and the government may have to step in to backstop. This company is an eventual ZERO and the only buying I’d do is in leap puts. There is no way that shareholder equity survives in the long term.

[Author]

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