tag:blogger.com,1999:blog-3644020163839683078.post7922377528804316126..comments2023-03-18T05:47:56.641-05:00Comments on Logical Stock Market Investing: If it’s not the time to buy American Express, then when is it?Mariusz Skoniecznyhttp://www.blogger.com/profile/04338595570366112676noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3644020163839683078.post-45857880530445551252013-01-03T15:05:08.687-06:002013-01-03T15:05:08.687-06:00I have always and always will avoid all financial ...I have always and always will avoid all financial service stocks.QUALITY STOCKS UNDER FOUR DOLLARShttp://www.mysheriff.net/profile/finance/alsip/930503601/noreply@blogger.comtag:blogger.com,1999:blog-3644020163839683078.post-76179886572814910352009-12-06T08:41:28.363-06:002009-12-06T08:41:28.363-06:00I agree with you Sandy. At current levels, the sto...I agree with you Sandy. At current levels, the stock of American Express is not as attractive as it used to be.Mariusz Skoniecznyhttps://www.blogger.com/profile/04338595570366112676noreply@blogger.comtag:blogger.com,1999:blog-3644020163839683078.post-30535529954378962822009-12-06T06:59:33.345-06:002009-12-06T06:59:33.345-06:00american express was a great bargain at $10...it w...american express was a great bargain at $10...it was like once in a decade opportunity...i guess Mr.Market fulfilled our dream of buying such a great business at dirt cheap prices.<br />Also the company, i believe, in addition to having a moat also had enough liquidty of around 60bn dollars to survive through the bad economy. They could borrow around 30 bn from the fed by keeping their credit card receivables as a collateral.Sandeshhttps://www.blogger.com/profile/15100675915376841803noreply@blogger.comtag:blogger.com,1999:blog-3644020163839683078.post-24693938942445756312009-08-15T21:33:46.195-05:002009-08-15T21:33:46.195-05:00Card members are unlikely to spend significant mon...Card members are unlikely to spend significant money if they feel less wealthy. Also provisions have impact on net income. This will only improve when the economy gets better.<br /><br />I am not in business school.Mariusz Skoniecznyhttps://www.blogger.com/profile/04338595570366112676noreply@blogger.comtag:blogger.com,1999:blog-3644020163839683078.post-81909622144729616382009-08-13T22:04:13.916-05:002009-08-13T22:04:13.916-05:00Net income of the company has nothing to do with &...Net income of the company has nothing to do with "Card members have to stop seeing their home values, personal wealth, and job security erode."<br /><br />Net income is after all expenses, no matter if they are capital, overhead, material or labor. I would say they have a little to much fat at AXP that needs to be trimmed if you have increased revenue by 9Billion and have your current customer on average spending almost twice as much but revenue is up only .6 Billion I think maybe the CEO can do without the bonus. <br /><br />Are you writing for your first year in business school??Anonymousnoreply@blogger.com