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.

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