Bank of America Corp (BAC)

crescentrv (50.01) Submitted: 1/25/2009 3:34:50 PM : Start Price: $6.43 BAC Score: -107.15

I am afraid to say BAC, like C, is technically insolvent.so it might go up or down, but - like GM - this is completely dependent on the good will of the Fed Govt.there is a decent chance that the Govt's hand will be forced, due to the massive injections that would be needed - and they will take the equity holders to zero, give debt holders cents on the dollar, and recapitalize a NEW Citigroup.I am sad to say this, but there is a real risk, which makes the overall proposition of investing in this stock very dubious from my point of view