Personally, I believe this board should reflect thoughts and ideas about BAC,
as opposed to the attempted political drivel.
But that's just me.
ANyway, that in mind, yesterday, right around the time David Tepper spoke with Stephanie Ruhl on Bloomberg, the market turned around.
And there's much banter about the potential for a dividend.
It will come.
And when it does, how much do you think they will declare per q? I'm thinking about 6c for starters.
I'm extremely bullish on BAC.
We know they turned the corner and we had a huge run, but I'm looking for another 50% this next 12 months.
This isn't about Politics. This is about the 1% and Wallstreet greed. This is shorts attempt to discredit stocks and turn people off stocks in preparation of a short attack. They are swarming on all the boards salivating that Apple will cause the market to turn tomorrow. Watch and learn!!!!!!
I started a group on face book last year that I did not follow up with. Blue Chip Stock Traders. I want the group to focus on Bac stock. Ayone is welcome to talk about great ops to buy. I like trading BAC
At Yellowman Investment Group (YIG) we encouraged our clients to buy as much of BAC as they possibly can becuase Real Estate is getting steammy again. The train is leaving the station. Banksters will perform well under such scenarios. We won't forcast how high BAC will rise however we are vindicative enough to forcast Bank America at this point is a very safe and lucrative bet.
I was reading an article recently suggesting that b of a has around 17 billion in excess capital over and above basel requirements, but, 6 cents a quarter sounds reasonable to me also based on earning of around a dollar a share.