T
tvpro5
Guest
Isn't it odd how the banks kept going up because they exceeded expectations? Even with Citigroup posting profits but losing on the shares.
Bank of America beats expectations today and the whole financials goes down. What does this say about Kenneth Lewis? I am starting to think he MUST be ousted. Even though BAC posted profits, he just talked so negatively that single handed brought down all financials. Maybe all those calls to bring him down from his position are well founded. I mean we all know this is a recession and it will be tough ahead but can he add a little more negativity instead of thinking on ways to keep the bank in the best shape possible? I think this was a turn off for many investors and decided to jump boat.
I am new to investment so I love to hear your opinions. No opinion is too harsh! Thank you!
Bank of America beats expectations today and the whole financials goes down. What does this say about Kenneth Lewis? I am starting to think he MUST be ousted. Even though BAC posted profits, he just talked so negatively that single handed brought down all financials. Maybe all those calls to bring him down from his position are well founded. I mean we all know this is a recession and it will be tough ahead but can he add a little more negativity instead of thinking on ways to keep the bank in the best shape possible? I think this was a turn off for many investors and decided to jump boat.
I am new to investment so I love to hear your opinions. No opinion is too harsh! Thank you!