Bank of America Corp (NYSE:BAC)

Wanted to buy at $5 per share. Didn't. Didn't buy at $6, or $7 either. Now a bit above $8. I'm in. Let's go for double or triple within the year as the economy continues to improve.

BAC should be at $16 a share by this time next year if things keep going as they are and they meet EPS estimates. I don't see why they can't accomplish that.

Five banks write 97 percent of all credit-default swaps in the U.S. These 5 banks are: Bank of America (NYSE: BAC), JP Morgan Chase (NYSE: JPM), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS), Morgan Stanley(NYSE: MS). This is the present system. Yes, I think that some of these are debatably insolvent. Yes, I think that there is rampant mortgage fraud. Yes, this recommendation flies in the face of trying to value businesses based on their terms of doing business. This is a bet that is driven by my belief that housing is bottoming. The economics of the situation and the global monetary authorities will not let these banks collapse into insolvency and thus, they do have an intrinsic valuation where larger, unnecessary risks actually do create shareholder value because they aren't REAL risks because they are backstopped by society.

http://beta.fool.com/bradford86/2012/02/07/bet-fraud-its-natural-component-global-banking-sys/1752/

Too big to fail will still fail one way or another.

They aren't ever going to recover from the Recession, and their front-line associates are, in general, lacking in training and competency. If you don't provide a good service, and you've just been through terrible financial times, things look bad.

Value

financials were hit hard during the recession, so its time for a rally

US economy will perform relatively better than EUROPE and given the devaluation of this stock, it will perform the best this year

I think BAC still has plenty of room to run.

So down and out a month or two ago that BAC surely must go up in 2012. I bought a little bit a couple of weeks ago on my hunch.

Here's the video pitch:

http://www.fool.com/investing/general/2012/01/31/the-5-year-outlook-for-this-dow-stock-bank-of-amer.aspx

Great investment plan

its a big bank and the world isn't going to end.

Way undervalued, they will be making tons of money after the recession.

Too big too fail

I am rooting for this one! 2012 will be the year for BAC!

Financial sector too shaky.

Bank of America is one of the largest corporations in America, it will do what it has to do to gain th etrust and confidence of not only the American people but the national market as well.

huge bank cant fail after clean up will learn and do better
this isnt a sleazy spec company