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You have to think the opposite. JPM already disclosed their losses so there is no risk to own JPM now. BAC may has something similar and choose not to disclose it so it is risky.
I highly doubt that. We already know whats bad about BAC and all that is priced in. That they passed the feds stress tests is actually a big deal IMO.
You were wrong when you purchased bac at $18 and you are right now? Hhhmmmm