Bookvalue $23 and target $3 profit per share in 2011
Dont know WHERE you are getting your figures.This STOCK is doomed. The NAME will survive. But too many bad loans and credit card defaults are on the rise. They HAVE no IPO/TRADING business (MERRILL is a DEAD name).Good luck to all, but this and Citibank will be dead carcass on the roadside of Wallstreet's "creative" investments.The #1 bank falling wasteside....how poetic.They WILL survive, but the stock holders will be abliterated with the restructuring...just as fannie and freddie are now facing.#1 FALLING! Yes, it will be in the history books, only this time lets HOPE folks remember....they never do though, thats the KEY here to getting out early!
What does "abliterated" mean ? I am not familiar with that spelling. Thank you. Most interesting commentary. No doubt the result of a great deal of research.