ST Alpha - "so much for the buffett premium. bank of america -18% in five days at $6.86, a far cry from the $8.80 after the 5 billion inflow....." (Reading a Post)

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so much for the buffett premium. bank of america -18% in five days at $6.86, a far cry from the $8.80 after the 5 billion inflow.....

Posted by x (aka dmuck) Sep 6 '11, 07:08

also below his strike price, so all those stories the next day about how much he "made" are worth about as much as nothing.

in other news, jim cramer used the buffett bac bailout to say that it meant the "beginning of a massive multiday short-covering rally in the financials". want to guess how that prediction's going?

Responses:

How is Cramer still on tv? If it's his schtick, then predict football scores, or something. Probably better ratings there. -- nm - Mop Sep 6, 07:20
Cramer advice is opposite play, right? - Epiphany Sep 6, 07:09 3
- unless you like losing money!....nm - x Sep 6, 07:12 1
  - I think she meant do opposite of what Cramer sez, -- nm - budice Sep 6, 07:14
- Happy Money? -- nm - Bacon Sep 6, 07:10
they need the Colbert Bump. -- nm - loosilu Sep 6, 07:09

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so much for the buffett premium. bank of america -18% in five days at $6.86, a far cry from the $8.80 after the 5 billion inflow.....

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