BankAtlantic Bancorp, Inc. (BBX)

joeykid13 (< 20) Submitted: 1/10/08 6:35 PM

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I completely disagree. They still own 16% of Stifel Financial & (Stifel Nicholas & Co.). This S&L will be prime for a takeover within 3 years. I believe that BBX is a much more transparent investment than Bank of America...which is about to takeover Countrywide financial in order to hide their own HUGE losses and problems. It is the classic smoke and mirror ploy...takeover a business that is in worse shape than you to hide your own problems...LOL A little bit of history repeating itself. I analyze the airline industry, and I have to tell you that the Bank of America story reminds me of TWA-American Airlines merger. Note AA didn't go bankrupt after 911 like the ret of the airlines...smoke and mirrors. The truth is that when you do business in the Billions rather than Millions, you can hide your problems for a decade or more...it really is laughable. Anyway, the point I wanted to make is that BBX is a very good investment, that is a company with ABSOLUTELY nothing to hide!

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floridabuilder (99.73) Submitted: 4/10/08 10:05 AM

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my red thumb on this was more due to information regarding their package of residential loan portfolios that was getting a bid well below 20 cents on a dollar... they are going to take a significant hit on their residential loans and they either need a capital injection or they will become insolvent

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