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Bank of America Corporation Message Board

  • robertat40 robertat40 Dec 3, 2009 5:20 PM Flag

    Credit rating and brokerage upgrades!

    Bank of America (BAC 15.76, +0.11) helped put stocks on an upward path with news that it will repay its $45 billion TARP loan with $26.2 billion in excess liquidity and $18.8 billion in proceeds from the sale of common equivalent securities. That prompted several brokerage firms to issue upgrades on the stock, while analysts at Fitch upgraded the company's credit ratings.

    Tommorrow it rises and won't stop until it hits $20.00 by the end of next week.

    Hop on board and prosper!

14.56-0.230(-1.56%)Apr 29 4:00 PMEDT