Wed, Sep 17, 2014, 6:00 AM EDT - U.S. Markets open in 3 hrs 30 mins

Recent

% | $
Quotes you view appear here for quick access.

Bank of America Corporation Message Board

  • naydin2005 naydin2005 Jan 9, 2013 8:59 AM Flag

    VALUATION

    Credite Suisse talking about valuation. The stock went down from 20 to 6 not based on valuation, it did because of toxic assets. Now the stomach was washed. The stock was put under the book value. Come on guys. Swiss only knows how to make chocolate.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • A couple big fins went neg for a bit premarket. Kinda looked like they were selling other fins to buy BAC down 1.65%. I think this is healthy for higher prices later. But I don't agree with the downgrade. They are not in any way making an argument fundamentally. Just technically. And we all know where we're going fundamentally, those tend to trump technicals 124.678% of the time.

      Sentiment: Buy

      • 1 Reply to zkieschnick
      • neutral means what , equal to peers. We are fine with that. The whole banks will go up. We dont claim or need to see bac to go faster than the rest of the banks, anyway. Can Swiss claim the US banks will do worse? No. So mathematically what they say is downgrade is in fact no grade. All they are saying bac is no better than the herd. So be it. Fine with me.

 
BAC
16.71-0.06(-0.36%)Sep 16 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.