I hope so. I am pissed I didn't back up the truck at $3.00. If BAC hits low $3's again I may buy 30,000 shares. I don't think it will get back there but who knows. $90k investment at $3.00 could be worth $450,000 once this baby gets back to $15 in a few years.
No. But it can easily go to $30.
It could easily go up a couple dollars or down a couple dollars. Last time Timmy released garbage like tomorrows plan though it went down big.
soon enough...
i wonder if the better option is to short the near month puts and get assigned.
Yes easy $3.00
I believe so. Here's the criteria to get it there. Seeing as the most recent data 02/27 indicates a short position of 111,271,089, all that is needed to get it back to three bucks would be shorting 800,000,000 to 1,000,000,000 additional shares.