From the tabloid New York Post, I bring you, without comment, Merrill Flinch.
3 hours ago
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1 comment:
Merrill Flinch greatly overstates the damage to Bank of America shares which remain one of the most sought after securities in the country. Media reports of the current BAC market cap completely ignore some of the hidden value in BAC shares that only sophisticated buyers are aware of such as:
Stocking Stuffers. Everyone knows how difficult it is to find unique, but inexpensive gifts this year to shove into your children's Christmas stockings. Smart investors are buying shares now to avoid the last minute rush.
Spiffs for the help. Everyone tries to stand out from the crowd when they recognize those service employees that make life a little easier. From the mailperson, to cleaning lady, to the guy who blows the leaves, avoid the temptation to slip them a couple of benjamins like everyone else and give them 20 or thirty shares of BAC. If things are tight, substitute a few WB's...but stick them in the middle of the stack. I've already tried it and the response was over the top! My cleaning lady broke down i tears and tried to refuse what she clearly thought was much to valuable of a gift. Wait to you see our floors shine in '09!!
The Japanese secret. Truly sophisticated investors know that when it comes to focusing on long term value nobody beats the Japanese. True enough when dropped in on one of my old friends from Tokyo I found hidden value in BAC I never would have considered: Origami. That's right there was my friend carefully folding his BAC stock certificates into delicate little cranes. Brilliant! If only Charlotte investors were so creative.
I don't know about you, but I'm going to load up on BAC right now: the cost of Origami paper is going up everyday!
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