My life savings in blue chips from $255,000 to now $68,000 in 3 years and worse every day. Worked my back off as a residential painter and never cheated anyone. Now I'm broke believing in America and the SEC. Pure fraud, I will kill anyone who knocks on my door for the rest of my food money, had enough, don't care about jail anymore.
Just be patient pal. The big boys are pushing BAC below $5.00. Now the big institutions will have to sell the stock to shore up their balance sheets. Buy the stock just under $5.00 and it will be a wise investment for the long term...
The honest truth is that most posts here are just fooling around (OK, mine included).
But I sincerely feel horrible for you. One thing that hit me particulary hard was when you wrote "never cheated anyone".
I know this isn't the best time to say this, but the truth is that the folks who made millions because they DID cheat everyone aren't any more content than you are.
If they have a multi million dollar massion in the Hamptons, they feel deprived because there's another mansion nearby that's even larger. As is the owner's yacht. I've seen in this in my own company. Pathetic.
Hang in there -- I wish you the best. I hope you have your health, at least.
Hey I feel your pain dude. However, if there is anytime to invest in stocks its now when everyone has list hope. I would recommend you get out if Bank Stocks and look more into other stocks like Pfizer, Johnson and Johnson, etc.
What's really sad is you are not alone... why the market is in very very big trouble... 100 years of confidence whiped away in the last 15 years due to the new age of greedy investor/traders that have taken over...
what they don't realize is, if you screw everyone too fast, they won't come back to get screwed again... back in the old days, they screwed a little here and there, but never so much that it scared people out of the market...