JPMorgan Results 'Not a Good Number': Bove

Discussion in 'Stocks' started by ASusilovic, Jul 15, 2010.

  1. JPMorgan Chase's results do not reflect a rebound in the bank's fortunes as much as the fact that it took money out of reserves, Dick Bove, banking analyst at Rochdale Securities, told CNBC Thursday.

    http://www.cnbc.com/id/38257579

    Dick Bove actually having an "informed analyst oppinion" ?:p
     
  2. JPM would've reported a loss under MTM. Short it.