I wasnt clear on this.. did they sell the 825 million shares for 10$ already? or are doing it tomorrow?
No. Just thee ATM part. And the gap for the 10 dollar shares still needs to be filled!
According to Reuters, it was done Tuesday. They still need to raise another $17B. If they can't raise additional money in asset sales, they may sell more stock as per the shelf offering filed with SEC.http://finance.yahoo.com/news/Bank-of-America-raises-1347-rb-15298364.html?.v=3
Going, going, gone. You're too late pardner.Maybe some short bashing tomorrow can get us into the 10s. If so, I'm buying.
ibvj are you 12 or just dumb short bashing will get us to 10 o a stock that trades 600 million a day you think short bashing on yahoo effects the price lololololol