Here you have Seeking Alpha, the blog that designated SLI as a shorting candidate last Oct before any results from Tesoro came out, saying that JP Morgan is essentially a good buy. With all the law suits being launched at these banks daily and manipulation and corruption allegations mounting, how can anyone say that a bank stock is a good investment at this time? I know I have seen the stock hold its own or ride lately, while lawsuits that pend against other companies seem to always push their sp,s down considerably. To me, this doesn,t make sense. I mean we have seen many banks go under, here is a list of 31 in the U.S. this year;

http://seattletimes.nwsource.com/html/businesstechnology/2018609798_apusfewerbankfailures2012failuresglance.html

http://www.huffingtonpost.com/2012/08/27/libor-scandal-bank-cost-estimates_n_1833150.html?utm_hp_ref=business

With fines, usually come higher fee,s paid by bank users and with the current mistrust in the banks caused by the LIBOR scandal,and the current status of the global economy, how can they say this? Here, you see JP raising mortage interest rates today;

http://www.bestsyndication.com/?q=20120824_current_mortgage_rates_today_jpm_bac.htm

http://seekingalpha.com/article/830301-jpmorgan-faces-headwinds-but-still-undervalued

Seeking Alpha was 100% accurate on SLI and maybe they will uncanningly be correct on this too, against tremendous odds.

IMO