Now down 18.77% since Jan 2nd. I’m sure the layoffs will accelerate if this keeps up.
31 replies (most recent on top)
GS, JPMC, WF, BK - dumb, a little dumber, dumber, dumbest.
If the stock price stays where it is at, GS or JPMC could come calling to take over.
Or heaven forbid WF.
- 50 and still going!
We broke 28 today! Keep it going! I’m glad I didn’t listen to those wonderful VOYA advisers and instead stransferred my 401k to money market last year
We broke 28 today! Keep it going! I’m glad I didn’t listen to those wonderful VOYA advisers and instead stransferred my 401k to money market last year
Given the fed's actions (dumb in my opinion) and the overall mass hysteria ... let's see if we can do better this week. Let's aim for 25 ! Come on, if we pull together we can do it !
Market close at 29.50. We did it! Thanks everyone for your efforts and hard work! We couldn’t hAve done it without you and your leadership !
Come on let’s break 30! Almost there!
now 31.65 ... feel the 'burn' ... validates 'fear and greed'
How loooow can it go!
Limbo limbo can you limbo like this stock
Limbooo can you limbo like me
34!
not so rock solid any longer ... futures show an opening at about 34 to 35 ... ha ha ha ha !!!
I hold BK stock for the security. 20 years ago it was $39 a share and today it is still a rock solid $39 a share. So there!
Assuming that you work there, why in the world would you have a good amount of BK stock in the past 5 years? I hear this a lot and am always wondering what motivates people to hold or even buy it.
It’s actually the healthiest U.S. economy since the 50’s if reality still matters to anyone here.
Even gold is bad.
Five factual inaccuracies in one post... @2uug+13IvONmz. Each disproven within minutes with any research.
"it really demonstrates a healthy economy at full employment" .... really? I hardly think the present situation is 'healthy' in the economy. The stated unemployment rate is a joke, most jobs are minimum wage level. Most of the past few years the economy has been propped up by crazy Fed policy and corporate tax cuts for the wealth. I think 13IvONmz is the one lacking in basic economic knowledge.
Yah, just don’t think many people here should be working in financial services. Constantly see “the banks are all doing terrible” and “All stocks are down like that”. This shows a lack of Finance, Econ, Accounting and really all business related degrees . It also demonstrates experience at a low clerical level, commensurate with the lack of credentials and a failure to follow or comprehend even basic business and economics news.
Honestly, it really demonstrates a healthy economy at full employment where anyone who can possibly get a job has one and many more who shouldn’t have one do. Before someone yells “even gold is bad” again read the first paragraph and decide if you have the background to post on anything but lay-off related things you’ve seen or heard.
As a former employee I say ... burn baby, burn ...
Today, stock is at a new 52 week low, 39.55. That really stings if you have a good amount of the stock.
Uh gold is going down as well
Sell in this company. Its he bank nobody wants to invest in
Last time I checked everything is down except Gold. Let’s face it the Coronavirus is everywhere except Antarctica. This market will keep tanking until the virus is under control. Right now Asia markets are down over 700. Tomorrow will be another rough day.
I am glad I sold mine when I did, before I got laid off.
The stock is like an elevator in free fall .... "... going down ... "
I had a small amount of BNY stock in my 401(k) years ago. I signed up for a trial of the Voya managed plan, and the first thing they did was sell the BNY stock. I thought that was funny, but they were right :)
Doubt it in the long term, Stock holders love cutting expenses
Horrendous bny leaders. It will be sub 35 per share by june they predict
umm ... not so sure I'd agree. Bank stocks have been hit hard. Overall market valuations are at all time highs based on sky high PE ratios ... mostly due to QE, ridiculous corporate tax cut and buybacks, and Federal reserve meddling in the economy creating inflated valuations. As for legacy BNY it is interesting how 20 years ago we were encourage to purchase BNY stock at a discount ... of course had we done so we would have made ... next to nothing.
All stocks are down as much. It's fear based and not profit based.