% | $
Quotes you view appear here for quick access.

Bank of America Corporation Message Board

  • billbrittain3 billbrittain3 Mar 31, 2009 12:09 AM Flag

    The BAC Rollercoaster

    BAC is not for the faint of heart, and today was a disappointment. Last week we looked like we were going to break $8, today we looked like we could close below $6. This week it is all going to be about M2M. In the next few weeks it is all going to be about earnings (BAC and the other financials) and passing the stress test.
    Nothing would surprise me this week, however don't forget recent history, BAC is double ($3-$6) what it was in early March. I would think, intuitively speaking, it is much easier for a $6 stock to go to $8 than a $3 stock to go to $6.
    Today, in my opinion, was a buying opportunity. We will all know the truth in a very short time! It's all about perception, if we go up in the next few days, Monday (today) will be just a distant memory.....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
14.70-0.22(-1.47%)May 26 4:00 PMEDT