Yep. Just follow the fundamentals and buy the dips. BAC will do more of the same this year as they did last: pay down long term debt, reduce expense, then pass CCAR again next spring and continue to reduce the share float. And this forum will be loaded with trolls as usual all the way there. :-)
BAC got almost nothing of lasting value from the CW purchase. CW was national, BAC has wound down operations only to the states where they have banking centers or Merrill offices. Most of the CW mortgage people left, as the market melted down and were unable to continue peddling the zero-down zero-doc loans they used to. Even the vaunted servicing and origination platforms were painful transitions and BAC is talking to new vendors for technology again. Countrywide was an expensive, painful lesson from start to finish of what a half-researched impulsive deal by the CEO can lead to.