Angelo Bertolli

(03:39:51 PM) Ryan: wow WB is up 60%
(03:40:09 PM) Ryan: should have bought yesterday
(03:40:21 PM) Ryan: I bought some BAC … on the day the Dow was down 450
(03:40:31 PM) Ryan: but I didn’t split it up, I bought all at once
(03:40:52 PM) Ryan: so I got it at 26.8 which is pretty sweet
(03:42:58 PM) Angelo: sure
(03:43:09 PM) Angelo: I would have bought yesterday if I had the money
(03:43:18 PM) Angelo: I knew WB was going to go up like crazy today
(03:43:44 PM) Angelo: wow
(03:43:54 PM) Angelo: my stocks went up by 20% today
(03:43:58 PM) Ryan: yeah, the Fed is done letting any more banks fail
(03:44:21 PM) Angelo: I’m going to have to laugh at those shorts who were harassing everyone on WB
(03:44:23 PM) Ryan: The new program, called the RTC, will take away much of the risk of the Merryl purchase
(03:44:30 PM) Ryan: yep

(11:13:33 AM) Angelo: don’t look at your stocks man
(11:14:35 AM) Ryan: I own Citigroup and they are near their 52-week low
(11:15:03 AM) Ryan: there are a lot of people talking about all the banks failing and a complete collapse
(11:15:17 AM) Ryan: it’s pretty bad
(11:15:42 AM) Angelo: how can it turn around
(11:16:11 AM) Ryan: basically, this is the 3rd day in a row of some kind of financial failing
(11:16:23 AM) Ryan: if the news stops for a week, then people will have confidence
(11:16:35 AM) Angelo: BAC kind of screwed everyone else over
(11:17:58 AM) Ryan: yep
(11:18:32 AM) Ryan: I think BAC may need to cut it’s dividend to save the stock value if this keeps up for another week
(11:22:09 AM) Angelo: cut this time around?
(11:22:11 AM) Angelo: I hope not

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