BAC is currently viewed as the premier investment regarding large cap banking stocks. Institutional investors have forecasted share prices to gravitate above the 25 dollar mark. Although this sounds...
This company is holding billions in credit default swaps,derivatives, and tons of mortgage backed sub-prime loans worth zero still being carried on its books. Sooner or later the treue valuies of these...
Bank of America was worth 30 dollars per share this time two years ago. It purchased Merryl Lynch which was worth 80 dollars per share two years ago. You can now buy this combination for under 12 dollars!...
BAC laid out its plan to satisfy the government's stress-test SCAP requirements last week and said it will sell 1.25 billion shares at the market. Since then, the strong banks have raised capital to repay...
Time to take profits for 5-7 trading days. Based on what....Normal response of bad news, market adjustments and profit taking. This stock is a beaut...It allowed time to digest the recent news yesterday...