Bank of America Corp (BAC)
The Company through its subsidiaries, provide banking & nonbanking financial services and products through three business segments: Global Consumer and Small Business Banking, Global Corporate & Investment Banking & Global Wealth & Investment Management.
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recession is over? are you sure? I don't think so...
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haha... u all should sell this stock coz its going down.
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I still refuse to value BAC at a much higher level, I already made several hundred shorting this stock and although I've closed that position for risk-management I'm still bearish.
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One of the worst in the hardest hit sectors of the economy.
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Reset underperform
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This is All going to End Bad.
Every single Financial Institution Lost a Bet with Money they do not have & The Fundamentals are not ok.
This very well may become the Bank of America when it is taken over
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Soon to be bankrupt.
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Get ready for the commercial real estate crisis that's about to stop knocking and just kick in the door :)
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lousy bankers
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Too bigger to fail
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Stock ran too high with no fundamentals. I am looking for a pullback then may be an orderly climb back.. Ken Lewis's departure is surely welcome news...but let's wait to see what his replacemant will do before we open the bubbly!
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Fully calued
US recession is going to saty long
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The next few months are going to get ugly as they are forced to foreclose on all the bad loans they've been holding under the radar. It's gotta happen sometime - I'll put this in for 1 year and bet on it happening soon.
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BAC is loaded with mixed of derivatives & Bad loans .
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credit cards and HELOC are not happened yet..
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Got to get out of a hole.
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Financials are going lower
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Entire financial system is a joke. Pure manipulation. Down we go.
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Giving a thumbs down to BAC along with C in light of the pending court order against the FED to provide information regarding the details of emergency lending highlighting who received loans when, in what amounts and what flimsy collateral was posted to support the loans.
Banks on the weaker end of the capital spectrum, including C, BAC and possibly WFC (though I'm not confident enough to red thumb them) are tantalizing short candidates given this extremely negative catalyst.
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Their books are too suspect, and they'll need to pay back Uncle Sam before too long. I don't see how they'll earn $45 billion in the next 4 years.

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