|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Dick Bove Discusses Citigroup and JPMorgan Earnings
Posted by: Dheeraj Grover (IP Logged)
Date: July 17, 2012 10:17AM
Dick Bove of Rochdale Securities discuss JPMorgan (JPM) earnings and if he got what he was expecting. Dick also discusses Citigroup (C) and Vikram Pandit.
He said JPMorgan (JPM) has put its "London Whale" trading losses behind it, but the question now is how much money the bank can make from its regular operations. The losses could get bigger, Bove said, “But there’s a good chance that you may actually see a profit coming out of the residuals from this trade.”
Here is the video:
Stocks Discussed: C, JPM,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.