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davejh23 (< 20)

November 2011

Recs

6

What Happens to BAC sub-$5?

November 29, 2011 – Comments (8) | RELATED TICKERS: BAC

Are institutional investors going to have to dump their shares as soon as tomorrow?...BAC is currently at $5.02 after-hours.  The last time BAC reached this level, it fell another 40% within the following few weeks...of course, that was the tail end of a pretty rapid descent.  Some here were arguing that BAC was a screaming deal back around $6.32.  Does anyone still believe that?

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